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Why the ‘great de-stocking’ in oil and commodities could pave the way for future gains

Goldman Sachs Exchanges

CHAPTER

Gold and the Fed's Recession Fears

Gold has outperformed the rest of the commodity complex, but let's just put it in perspective. We've crossed $2,000 an ounce back in July of 2020, maybe three years ago. The key if you really wanted to go above 2100, you have to take a view that very few investors are willing to take is that the Fed cannot manage this inflation situation.

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