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home / news releases / GLD - The Inflationary Spike Unfolding While China Dumps Treasuries

GLD - The Inflationary Spike Unfolding While China Dumps Treasuries

SPDR Gold Trust

2024-05-20 09:22:45 ET

Summary

  • The process of deglobalization is accelerating, and China is dumping US Treasury Bonds.
  • Metal prices, including gold and copper, are spiking to record highs, indicating an unfolding deglobalization-induced inflationary shock.
  • The US stock market is in the euphoria stage, but it's facing a recessionary bear market.

The news of the week

What was the news of the week, last week? The S&P500 ( SP500 ) breaks out to new all-time highs above the 5,300 level? The Dow Jones ( DIA ) closes above the 40,000 level for the first time? The CPI inflation shows some cooling ?...

For further details see:

The Inflationary Spike Unfolding While China Dumps Treasuries
Stock Information
Company Name: SPDR Gold Trust
Stock Symbol: GLD
Market: NYSE
Website: spdrs.com
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