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Brien Lundin: Inflation spooks the Fed but too late to stop gold

Section: Daily Dispatches

By Brien Lundin, Editor
Gold Newsletter / Golden Opportunities
New Orleans, Louisiana
Wednesday, January 4, 2021

Gold rallied over the last couple of days, essentially regaining all that it had lost on Monday’s sell-off. And then the Fed minutes were released.

Amazingly, the minutes showed that Federal Reserve officials and economists had apparently just discovered the rampant price inflation that everyone else had been talking about for months.

... Dispatch continues below ...


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Company Announcement
Wednesday, July 28, 2021

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That took away gold's gains for the day…but I believe the news was actually bullish for gold if we look just a bit further down the road.

You see, the Fed's discovery that the inflation genie is out of the bottle led it to confirm an accelerated schedule of QE tapering, and the first rate hike as early as this March.

This sent gold falling from its daily highs. But it also sent the U.S. stock market tumbling.

That's one reason why the Fed won't be able to get too far down the road of tightening monetary policy: The markets won't let it. ...

... For the remainder of the analysis:

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