I expect we need to consider the interaction between:
Inflation
Employment
Monetary Policy
Gold
Is inflation likely without low unemployment?
Can we see low unemployment in the near future?
Is monetary policy likely to tighten? Surely not?
I'd love to see rising employment levels which would drive demand & hopefully improve everyone's lot & ultimately an increase in the cost of money!
Surely everyone wins in this situation!
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I expect we need to consider the interaction...
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