Gold’s investment case has fundamentally changed, and rising yields are no longer a dealbreaker - FTSE Russell’s De - Kitco
Gold’s investment case has fundamentally changed, and rising yields are no longer a dealbreaker - FTSE Russell’s De - Kitco
Source: Kitco
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DW NOTE
Gold is down 18% from January despite the Fed hiking, the Strait of Hormuz closed, and the 10-year at 5%. The investment case hasn't changed — the thesis has failed. When central banks tighten into a supply shock and gold still sells off, that's not a new paradigm, that's a crowd exit.