MacroVoices #354 Jim Bianco: CPI, FOMC, China & More
Macro Voices
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The Biggest Problem With Gold
Jim Boulden: Gold has been rallying like all the other fiats have been rallying. He says we've turned gold into effectively another fiat and it trades like another Fiat. We're going to see higher interest rates, which I think is the primary driver of the currency right now. That means maybe we'll see a low in the sell-off of the dollar and the dollar will start to strengthen.
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