Fear and inflation components are in harmony for gold

Seeking Alpha/Clif Droke

Ed Stein cartoon 'In case of emergency break glass', gold bar inside“Price moves in the yellow metal have largely been determined by weakness in the dollar this year, but the greenback alone can’t account for gold’s enduring attraction among investors. Plunging Treasury yields, recession fears and rising inflation expectations are also contributing to a buoyant market for gold. Here we’ll discuss the likelihood that a combination of these factors will boost gold prices even further in the months ahead. …”

USAGOLD note:  More at the link ……

Repost from 9-15-2020

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