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Dollar doom narratives miss how the monetary system actually works. Brent Johnson explains why gold and a strong dollar rise together.
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Wall Street economists can spend all day debating what the Federal Reserve might do, whether inflation is really defeated, and whether the economy is heading toward a soft landing, a hard landing, or some newly invented
Gold surges past July's consolidation, eyeing $4,200. With Fed anxiety and inflation fears looming, is a real breakout underway?
VOO led ETF inflows with $3.3B. Investors also poured money into Treasury and gold ETFs; total ETF flows reached $5.3B on Thursday.
Dan Loeb's Third Point sold its entire gold stake after one quarter, just before bullion rallied in August.
QQQ attracted $860.25 million and VOO $693.23 million in ETF inflows Thursday, while GLD added $627.68 million as total ETF flows reached $2.83 billion.
Gold breaks away from real yield rules as central banks dump Treasuries for bullion. Discover why silver could be set to target $100+.