Gold posts best month since February despite investor concerns over rate hikes
Gold posts best month since February despite investor concerns over rate hikes
Source: Yahoo Finance
―
DW NOTE
Gold is up 23.7% year-over-year while the Fed holds at 3.65% and official CPI shows 3.53%. The "investor concerns over rate hikes" framing is backward — the market is pricing sovereign debt risk and currency debasement, not reacting to central bank theatre. Real rates are deeply negative and gold knows it.