Gold and Silver Enter Rare Territory as Breakouts Accelerate - FOREX.com
Gold and Silver Enter Rare Territory as Breakouts Accelerate - FOREX.com
Source: FOREX.com
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DW NOTE
Gold is up 31.8% year-over-year with the Strait of Hormuz closed, 2,000 ships stranded in the Gulf, and the Fed holding rates at 3.5% despite inflation well above target. The rare territory is that central banks are still pretending a supply shock of this magnitude can be managed without monetary tightening.