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Alasdair Macleod: Now it's gold's turn
By Alasdair Macleod
GoldMoney, Toronto
Monday, December 15, 2025
Wednesday's Federal Open Market Committee statement confirmed that money printing resumes and is set to undermine the dollar in 2026.
Estimates of future inflation will increase and gold and silver rise further.
... Dispatch continues below ...
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The star of the show this week was silver, as the chart below illustrates. The message being sent to derivative markets should alarm them: There just isn't any physical liquidity to support the mountain of silver delivery obligations. ...
... For the remainder of the analysis:
https://www.goldmoney.com/research/now-its-gold-s-turn
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