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#45: Michael Oliver On The 'Massive Momentum Structure' In The Stock Market

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Momentum Structure of the Gold Price

Markets seem to be pricing in the transitory Fed narrative on inflation. If it proves to be inflation a little bit more sustainable, then people will begin to appreciate that stocks and bonds are not the place to protect myself from a Fed that's so far behind the curve. And it wouldn't take a ton of money to pour into gold to see it really take off.

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