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0.51% $1,391.7 gold futures

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  1. Bunter62
    1,342 Posts.
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    27/07/20
    22:52
    Post #: 46107548
    If you don't think inflation is coming you should check out the USD chart. It's fallen from 1.03 to .93 since March. For a country which relies heavily on imported goods that means inflation. Additionally, demand will rebound more rapidly than can supply after Covid. Weak currency + demand/supply imbalance = inflation.
    Value at posting: $1,391.7
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    lightbulb Created with Sketch.  Great analysis
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