Gold investors are biting their nails right now over gold’s inability to rally in the face of widespread fears. Normally the yellow metal would be in full-blown bullish mode with as much uncertainty as there is now over U.S.-China trade and Brexit. Yet gold prices have been uncharacteristically subdued despite these worries in the last few weeks. In today’s report I’ll make the case that while a near-term gold rally can’t be ruled out, until demand for gold’s “sister” and “cousin” commodities revives, any gold rallies from here are likely to be short-lived.
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