RE:EVERYONE FORGETSWhether or not the US govt does not want gold to go up does not mean it will not. Just look at 2000-2011, think they wanted it to go up back then? What about 2018, 2019, 2020, etc.
Ultimately, the government/fed if faced with a dilemna of either slowing down the economy (with risks related) by raising interest rates vs potential increases in inflation (currency debasement, lower currency stability). If inflation does increase, it is my belief it will do so at a faster pace than interest rates, likely driving real yields lower, hereby pushing gold prices higher. EQX should perform rather well in a rising gold price.