Gold Dominance in age of fiscal dominance
Gold price made triple bottom at 1620 two years ago since than gold flying on daily chart
Rich people and central bank gold buying because us fiscal policy is dominating fed monetary policy. One of the biggest reasons economists forecast of recession has been proven wrong constantly.
If USA doesn’t stop its government spending and fed easy money policy aka fed put
Than dollar collapse can drive gold price much higher longer term
Or if things reverse soon or after election than gold can stop going up too
Rich people and central bank gold buying because us fiscal policy is dominating fed monetary policy. One of the biggest reasons economists forecast of recession has been proven wrong constantly.
If USA doesn’t stop its government spending and fed easy money policy aka fed put
Than dollar collapse can drive gold price much higher longer term
Or if things reverse soon or after election than gold can stop going up too
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