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RE: Gold Reserves Provide Critical Clues for Future Bullion Pricing
Nice piece! We also dont on the surface have any economic worries so no need for gold, at the moment. Volatility indexes are saying the same. But what do you think about this in relation to the downtrend in the USD from beginning 9 the year?
The downtrend in the USD is a great point -- that right there should boost gold and other commodity prices since it reflects inflationary movement. But instead, we're seeing deflation in gold, which makes no logical sense.
I personally don't think these unusually illogical dynamics can hold together for much longer, and so I remain long-term bullish on gold.