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The gold rally

Unhedged

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The Golden Investment Surge

This chapter examines the rise in gold's popularity as a favored investment amidst distrust in government and central banking. It discusses the asset's appeal during economic uncertainty, the interplay with real interest rates, and the impact of geopolitical tensions on gold prices. Additionally, it highlights the unique characteristics of gold and the changing dynamics of demand, particularly in countries like China and India.

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