Gold is sending a signal, but of what? Rampant inflation? The collapse of the dollar? Low interest rates? jmackin2 explores the partial truths.
Questions about gold often get to the heart of what’s going on in finance and economics. Ask why the price is up so much this year, and the most popular answers are ones that might make the heart miss a beat: The Federal Reserve is creating so much money that serious inflation is on the way, or the dollar is heading toward inexorable decline .
Some weird things have been under way with gold since the coronavirus crisis began, however. The metal developed a decent link to the performance of technology stocks: When...
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