Gold and silver ALERT: Why risks may grow after the election - Kitco

Source: Kitco

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DW NOTE

The metals are selling off as yields rise and the dollar strengthens — not because the threats have receded, but because traders are pricing rate cuts that won't come. The Strait remains shut, diesel is scarce, and crude carries a $40 war premium, yet gold is down 22% from January and silver has halved. That's not risk-off unwinding; that's a mispriced expectation that the Fed will ease into an inflation problem it helped create.

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