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depends on why he was holding gold - remember the gold story in...

  1. 3,904 Posts.
    depends on why he was holding gold - remember the gold story in USD is not gold up as much as its USD down.

    So if he was holding gold to protect against the USD falling and he now thinks the US has to raise interest rates then it makes sense.

    Doesn't say anything about gold - but does about the USD.

 
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