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Mike Kosares: Gold takes center stage in dollar scare
2:32p ET Monday, February 5, 2018
Dear Friend of GATA and Gold:
The Trump administration, USAGold's Mike Kosares writes today, doesn't want the "strong dollar" policy of previous administrations but a dollar that can be "strategically benign."
"In its unambiguous ambiguity," Kosares writes, "the Trump administration has signaled no intention of disrupting any market-generated dollar weakness. It will stand aside."
This, Kosares concludes, signifies stagflation, which is good for gold.
His analysis is headlined "Gold Takes Center Stage in Dollar Scare" and it's posted at USAGold here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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