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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- *** inflation * bad for gold ***
Last night the Fed said that inflationary pressures had...
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