Gold Rises as Dollar Debasement Trade Attracts Investors - WSJ
Gold Rises as Dollar Debasement Trade Attracts Investors - WSJ
Source: WSJ
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DW NOTE
Gold is up 14.2% this month while crude is down 26.9% from its yearly high — in a month where the Hormuz blockade entered its sixth month and a US-Iran ceasefire collapsed. That spread says investors aren't hedging supply shocks; they're hedging the central banks that refused to let them happen.