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Peter Schiff: Traders Starting to Realize High Inflation is Bullish for Gold

schiffgold.com
 2021-06-01

Cover picture for the articleFor months, the markets have responded to inflationary pressures by piling into dollars and selling gold. They’ve taken this counterintuitive approach because they believe the Fed will tighten monetary policy to fight inflation sooner rather than later. But we’re starting to see a shift in sentiment. As Peter Schiff explains in a recent podcast, traders seem to be realizing that inflation might be here to stay, and that is bullish for gold and bearish for the dollar.

schiffgold.com

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