Peak Inflation Was Transitory – Ep 818
The Peter Schiff Show Podcast
00:00
Gold Sells Off - Is the Fed Trying to Beat Inflation?
Gold's initial reaction to the hotter than expected inflation number was very typical. Gold sold off as the dollar rallied. Collateral damage is in the gold market, and that's exactly what happened. If we get a black monday, maybe investors will be piling into gold and dumping 30 yeur treasuries.
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