Traders Begin to Realize Higher Inflation Is Bullish for Gold – Ep 696
The Great Rotation is underway. Gold closes the month with its highest monthly close since August 2020. Headline PCE has biggest rise in 13 years. Core CPE has biggest rise in 25 years. Rent rises 5.4%. Food rises 28%. Traders waking up to reality that inflation is bearish for the dollar and bullish for gold. […]
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