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Inflation Advances, and So Does Gold – Except That It Doesn’t

Gold

Inflation accelerated again in September, and gold prices (finally!) reacted positively. Bad news: the rally was short-lived. Q3 2021 hedge fund letters, conferences and more Inflation Isn’t Disappearing Just Yet Unfortunately, I was right. One month ago, when commenting on the CPI readings for August, I wrote that inflation “doesn’t have to go away anytime […]

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