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Gold under the cosh

Situation could get 'messy'

Michael Quinn
Gold looks good when money printing is underway, but much less so when monetary tightening kicks-in

Gold looks good when money printing is underway, but much less so when monetary tightening kicks-in

Gold was as low as $1660/oz overnight, with some commentary earlier this week pegging levels around $1700/oz as being significant markers. The situation was well characterised by a small Bloomberg report...

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