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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (156798)4/20/2020 2:17:00 PM
From: sense  Read Replies (2) | Respond to of 218179
 
The problem with the perspective... is the assumption that monetary policy is the only policy there is that influences money and markets.

The long running hiatus in meaningful fiscal policy inputs... essentially shelved since 2008... has dulled the market even to the perception that fiscal impacts exist... the idea that fiscal policy could change... much less that fiscal tools are a vastly more powerful set of drugs than the homeopathic monetary medicine...

The path to higher gold prices is unlikely to be linear...

It will necessarily have to traverse... dangers that drive increasing perception of the risks...

Larger scale moves... probably will result only when larger scale risks are being realized...

Those events far from a foregone conclusion at this point...

But, the base case for the rising gold price on the current trend line seems solidly intact... for now.