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JJP - Risk-Reward Increasingly Skewed To The Upside
iPathA Series B Bloomberg Precious Metals Subindex Total Return ETN
The Fed cites the strength of the economy as an enabler of monetary tightening to bring down inflation, but all data contradicts that assumption.
As long as this tightening cycle continues, downside risk remains for Gold, Silver, and the miners.
Gold may already know that a Fed reversal to more stimulus on steroids is the most probable outcome and may have already begun its rally to new record highs.