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Gold Is Right

Is the gold skid over? There are encouraging signs that the answer is yes. And, that’s great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago).
First, some facts. Gold hit an all-time high of $2,069 per ounce on August 6, 2020. Since then, it has been on the skids, despite occasional rallies. The low in this cycle was $1,678 per ounce on March 8, 2021.
The reason for the skid was not hard to discern.
It’s often the case that gold prices get pushed around by a number of factors, including real rates, nominal rates, geopolitical concerns, inflation and simple supply and demand. ....

Capitol Hill , Isnt Supposed , Wall Street , One Million New , Gold Wins , Gold Doesn T , கேபிடல் மலை , சுவர் தெரு , தங்கம் வெற்றி , தங்கம் இல்லை டி ,

Gold Is Right - The Daily Reckoning

Gold Is Right
Is the gold skid over? There are encouraging signs that the answer is yes. And, that’s great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago).
First, some facts. Gold hit an all-time high of $2,069 per ounce on August 6, 2020. Since then, it has been on the skids, despite occasional rallies. The low in this cycle was $1,678 per ounce on March 8, 2021.
The reason for the skid was not hard to discern.
It’s often the case that gold prices get pushed around by a number of factors, including real rates, nominal rates, geopolitical concerns, inflation and simple supply and demand. ....

Jim Rickards , Capitol Hill , Isnt Supposed , Wall Street , One Million New , Gold Wins , Gold Doesn T , ஜிம் ரிக்கார்ட்ஸ் , கேபிடல் மலை , சுவர் தெரு , தங்கம் வெற்றி , தங்கம் இல்லை டி ,