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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%Nov 13 4:00 PM EST

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To: TobagoJack who wrote (183158)1/28/2022 12:06:20 AM
From: Jacob Snyder  Read Replies (1) of 217749
 
If gold is a geopolitical risk hedge, why has it gone down, when everyone starts worrying about a European war? Looks to me, copper and oil are acting better than gold as a geopolitical risk hedge.

If gold is an inflation hedge, why has it been stuck around $1800, during the highest inflation in a generation?

Since everyone, including the Fed, now says inflation is not transient, why is gold not going up? Perhaps gold was held down by all the “transient” talk, but that is no longer an excuse.

Disclosure: no position. Sold my LT position in gold miner stocks last year.
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