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The Fed will want to keep inflation under control, and that could have miserable consequences for gold and miners. Will we see a repeat from 2008? The question one of my subscribers asked me was about the rise in mining stocks and gold and how it was connected to what was happening in bond yields. Precisely, while short-term and medium-term yields moved higher, very long-term yields (the 30-year yields) dropped, implying that the Fed will need to lower the rates again, indicating a stagflationary environment in the future. Q4 2021 hedge fund letters, conferences and more First of all, I agree …