Happy for gold to fall as long as AUD falls too. Certain gold pundits say the US cannot taper as it will be catastrophic for there economy. I heard this 10 years ago after 2008 crisis. I also heard they can never raise rates again, well lets just see. The US seem to be able to print large amounts of money and just get away with it. Yes inflation is higher than the 2% they aim for, and certain fold pundits say gold is an inflation hedge, well i am not seeing it.
Valuation, page-23
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