S&P Closes in on Bear Market, and Why Gold’s Rally is “Scary” 06/10/22
CNBC's "Fast Money"
00:00
Why You Shouldn't Buy Gold
Gold rallied more than one % to day, hitting its highest level in a month. Buy gold as an inflation hedge because you think central banks may not necessarily have control over things. Bekay viker: Why is that so scared? Because they're going to be raising rates because they can't. They don't have control over inflation, so they've got to raise rates faster than the market thinks.
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Transcript
