Gold Market Weekly: Real Yields Just Changed the Conversation - The Dark Side Of The Boom

Gold Market Weekly: Real Yields Just Changed the Conversation - The Dark Side Of The Boom

Source: The Dark Side Of The Boom

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DW NOTE

The Fed hiked into a supply shock, and gold fell 19% in nine months. That tells you the Hormuz closure isn't driving monetary expectations — or traders believe the deficit will shrink before inflation becomes structural. Neither has happened before.

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