
MacroVoices #366 Louis-Vincent Gave: Staying Humble in Troubling Times
Macro Voices
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Gold Is Holding Its Value in the Face of a Challenging Environment
Over the past couple of years, it's massively outperformed US treasuries. And so have many other bond markets. People are not rushing into the safe arms of uncertainty. The fact that gold is holding itself up with short rates basically moving up every day and long bond yields starting to creep up once again has an important message.
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