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Is a Weak Yen Feeding the Global Gold Bull?
The gold price has been surging, with unprecedented central bank demand gobbling up supply. It has been a force to behold — especially as US monetary policy has been relatively tight since 2022, and 10-year Treasury yields have rocketed up, which generally puts firm downward pressure on gold against USD. US 10-Year Treasury Yields Since March 2022: chart The golden bull has undoubtedly been fueled by an unstable US election year, inflation worries, expectations of rate cuts later in 2024, and wars in Ukraine and, more recently, the Middle East. But there’s another secret sauce on top of gold’s rise: a weak ... (full story)
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- Feb 23, 2024 5:06am Feb 23, 2024 5:06am
- Nordling
- Joined Apr 2021 | Status: Member | 360 Comments
I make my own luck.
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- woody70
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When all else fails: Buy High and Sell Low!
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- GbG-Fx
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