Commodity Trade Mantra

Posts Tagged ‘US Dollar Price of Gold’

Gold Is Down. Remember - Fed will achieve Inflation ‘whatever it takes’

If the Fed maintains its tight money mantra in the middle of a deflationary currency war, then gold & other commodities could go a bit lower. My expectation is the Fed will wake up to the damage it’s doing and reverse course. The commodity and currency markets will soon hear the message that the Fed will achieve inflation ‘whatever it takes’. And then – gold will once again shine.

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