The price of gold has languished in between its 21 and 34 day moving averages. Luk roman says the inflation effect will, in fact, be transitory. He thinks a new secular inflation trend underlies those transitory spike effects. The ten year treasury is back above three percent; do you think that means anything?
MacroVoices Erik Townsend and Patrick Ceresna welcome Luke Gromen to the show to discuss foreign divestiture of U.S. assets, inflation, precious metals, Luke’s outlook for the USD, and much more. https://bit.ly/39l40sH
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