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The first quarter of 2024 has surprised on the economic front. Instead of the anticipated slowdown, coupled with US outperformance ending, what we saw was global economic activity picking up and stronger-than-expected global growth. The US posted better-than-expected Q4 2023 GDP figures and positive manufacturing and services surveys. The big surprise was ...
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Some of last week’s headlines will say that gold has had a “correction” to varying degrees. Technically, a “correction” means a 10% price drop, although most people don’t use the word in a technical sense. I wonder, though, whether it’s correct to say that it has been a tepid week of gold price fluctuations considering the historic price level of $2,330… ...