Gold’s Lustre Takes A Toss

Resource Investing News

  The massive amount of stimulus that has flooded the system is set to translate into higher inflation. And rising inflation is gold’s best friend. But what exactly seems to be happening here? Dump your gold and lick your wounds. Don’t do it in private though. There are lots of folks out there in a …

 

The massive amount of stimulus that has flooded the system is set to translate into higher inflation. And rising inflation is gold’s best friend. But what exactly seems to be happening here?

Dump your gold and lick your wounds. Don’t do it in private though. There are lots of folks out there in a similar position. The Fed is bound to raise rates sooner than you think, and gold has peaked.

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