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Always do your own due diligence. We seek safe harbor.
Nothing has improved here. All smoke and mirrors. Inflation for everyday goods up 250%. We are in a depression awaiting our nations financial collapse brought on by power hungrey, greedy, politicans and corporations..All government numbers are bogus.. The metals have been manipulated . Have a nice day..
It might be premature to declare that QE-caused inflation has been proved false. More than one step in the process has already begun. Substantial amounts of fiat have been created out of thin air (which can’t be kept out of circulation forever), US debt is being bought by the FED because fewer entities are willing to hold it, and foreign businesses have for some time been preferring currencies other than the dollar. When this phenomenon comes home, the dollar will lose its value even here in the US. All that has really been proved is that when unscrupulous people come to power, a government has tricks up its sleeve. For people who don’t mind being tricked, that’s no problem, but for people who do, it is.
The article is not negative but positive for Gold. What the author says is that he thinks that Gold is about to complete it’s bottom phase and turn to new highs.