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There has been considerable discussion in recent weeks about the prospect and threat of rising inflation.
The latest reading of the government’s CPI (Consumer Price Index) continues to suggest that inflation so far remains low.
The ongoing threat of inflation could lead to more buying of gold and other hard assets.
The gold market may very well have entered a win/win scenario.
In recent days, bargain hunters and long-term investors have stepped into the market, and gold may soon reverse decisively and make a new run at its all-time high of $2,060 an ounce.