*** inflation * bad for gold ***

  1. siameseparrot
    24,765 Posts.
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    23/03/05
    09:05
    Post #: 842497
    Last night the Fed said that inflationary pressures had increased. So the US dollar strengthened and gold fell 1%.

    In today's Brave New World of investing have investors decided that gold is no longer relevant; that gold is no longer an inflation hedge; that inflation is now bad for gold?

    What other conclusions can be drawn from what happened last night?
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    lightbulb Created with Sketch.  Great analysis
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