The reflated raft of assets floats one way, gold the other
It’s simple. Everything is herding in the northerly direction at the behest of the Fed’s anti-USD monetary policy as printed for the government’s fiscal policy. We all know this.
This post is in no way calling bearish on stocks, copper or the massive host of other speculations screaming higher in line with the reflation. This post is simply and once again reminding us that gold is doing what it is supposed to do, as good insurance would.
Okay now, party on Garth.
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