Stocks are up, but so is gold — and analysts say the metal's rally is just getting started

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Stocks are up, but so is gold — and analysts say the metal's rally is just getting started
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Gold is traditionally used as a hedge against inflation and prices typically move higher as economic conditions deteriorate.

However, somewhat counterintuitively, global stocks and gold prices are both seen to be moving higher at present. Analysts say stimulus from central banks — and the extra money supply that can create — leaves gold well placed to rally in both the short and long term.

 

When economy is in recession precious metals rise always.

Golds rally started 8 years ago at $1200.

nothing like a bullish call from 🙄

PeterSchiff

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