In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough breaks down the fundamental economic factors that are bullish for Gold, including real rates and growth.

“Gold is an alternative to growth. Anyone who taught you that Gold is purely a hedge against inflation, well that's qualified B.S."

“Falling real rates is bullish for Gold, and slowing growth is bullish for Gold."

McCullough: Gold Is An Alternative To Growth, Not Inflation - Live Conference Ad 2022