The Dollar Doesn't Need to Die for Gold to Win - TradingView
The Dollar Doesn't Need to Die for Gold to Win - TradingView
Source: TradingView
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DW NOTE
Gold is up 11.7% in a month with the strait closed and oil up double digits — yet it's still 16% below the $5,318 high it hit in January when the waterway was open. The market pricing a supply shock and a haven bid simultaneously is normal. The idea that either one requires the dollar's demise was always rhetorical excess.