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Gold is one of the closest viewed assets in a recession. That is especially true when inflation threatens to get out of control as gold is considered a hedge against inflation. Moreover, it tends to outperform equities in environments when inflation gets above trend.
So far, inflation is not picking up consistently anywhere in the developed world. Naturally, this raises the question of what is the price of gold doing at the $1800?
Some Interesting…
The post Bearish Divergences Spell Trouble for Gold Bulls appeared first on Vantage Point Trading.
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