Gold hits over three-month high on dollar weakness, Treasury bond buyback plans - CNBC

Gold hits over three-month high on dollar weakness, Treasury bond buyback plans - CNBC

Source: CNBC

DW NOTE

The Treasury is buying back its own bonds while the deficit runs at $1.9 trillion. That's not demand management, that's monetisation with a press release. Gold is pricing the only rational response: exit.

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