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.
