The crash of gold is surprising, considering that there was a war (started by the US) and it was not going good, yet people still flocked to USD because of expectations that interest rates will be pushed upwards due to inflation.
For the life of me, I will not understand how interest rates no changing did not plunge USD into dire straits and boosted gold, insead people are just hanging around waiting for the next adjustment, hoping that the president's lapdog Warsh, will bring interest up.
Absolute nonsense.
# Gold Breaks Below $4,000! Will We See $3500?

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