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PHYS - What Is The Role Of Gold In 2020?
October, 24 2020 10:51 AM
Sprott Physical Gold Trust ETV
Is gold's rally simply a response to the perception of the currency policies? In our recent discussion, veteran trader Jack Bouroudjian called the current environment "the perfect storm for gold due to the Fed and the economy." CME Group senior economist Eric Norland noted that "gold is a monetary phenomenon and reflects both Fed and other global central bank policies". My contention is that gold's buoyancy is reflecting a couple of things. For further details see:
What Is The Role Of Gold In 2020?
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