Gold and Silver Drop as Strong Dollar Whacks Post-Fed Rebound in Stocks and Bonds - BullionVault
Gold and Silver Drop as Strong Dollar Whacks Post-Fed Rebound in Stocks and Bonds - BullionVault
Source: BullionVault
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DW NOTE
The Fed just raised rates into a supply shock. Gold is down 16.6% from its January peak while producer prices are rising at 5.44% — meaning real rates are deeply negative even as nominal yields climb. The dollar is rallying because it's the cleanest shirt in a dirty hamper, not because US fundamentals justify it.