certainly makes sense that gold will fall when the fed keeps pumping trillions into the economy. (at least, that’s what they try to tell us on cnbc).
certainly makes sense that gold will fall when the fed keeps pumping trillions into the economy. (at least, that’s what they try to tell us on cnbc).
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gold will fall because the USA is pumping a million barrels @ day more this year than last. This has been happening for the last three years. It will continue to happen for at least the next three years.
the USA is on the way to being an oil exporter. Oil exporters don’t have weak currencies. a strong dollar means weak gold.