Gold: The Fundamentals Matter

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Published : January 10th, 2017
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SeekingAlpha/SomaBull/01-10-17

Summary:

• As the assumption goes, gold and the dollar have an inverse correlation. The problem is, there is no long-term inverse relationship between the two.

• The precious metal will consistently move higher along with the money supply.

• The current rate of M2 expansion is much stronger compared to the last several years.

• The CBO is currently underestimating the level of interest rates in its forecast.

Read the rest of the article at USA Gold
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