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With the government printing massive amounts of money, tensions between the US and China rising, Europe dealing with Brexit, the effects of the pandemic continuing to spread, and tensions with Iran rising, the fundamentals for gold still look fantastic.
Massive unemployment, businesses closed or failed, and people leaving some of the big cities all point to a serious economic crisis and are bullish for gold.
In March, the best thing the Fed did was to act right away with a stimulus package.
We are dealing with a completely new set of markets in a new paradigm.