Conventional wisdom says that in an environment of 'stagflation' gold will shine - and based on the most recent growth (or lack of) and inflation data, the US and other economies are already there (albeit will never admit it until it becomes bleedingly obvious) - but gold continues to be squeezed and aussie gold stocks continue to be hammered (even when the POG in AUD is strong) - what am I missing here! Can the precious metals market really be manipulated to this extent for this long - hard to imagine - so what has changed in this world whereby gold is no longer shining brilliant in this economic climate? I am perplexed
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