China's recent strategy to accumulate gold and the country's recent ban of speculative trading of the metal due to its suppressive nature tells a story.
A story that aligns with wars that don't make sense.
A war that keeps inflation high, which keeps interest rates increasing, which creates a strong dollar... and a weaker gold.
This war is about defending a dying USD, At least that's what I think after this weeks Pre Core CPI Tweet on Monday the 13th which sent what seemed to be a settling peace deal completely derailed and in turn put a cap on low inflation report and an XAUUSD Bull Surge.
Trump got a sniff of low inflation and had to do something about it.
There are always more variables of course, such as the month of June was a fall in oil prices which provides inaccurate findings but I am always skeptical that things are never what they seem.
What do you think?
A story that aligns with wars that don't make sense.
A war that keeps inflation high, which keeps interest rates increasing, which creates a strong dollar... and a weaker gold.
This war is about defending a dying USD, At least that's what I think after this weeks Pre Core CPI Tweet on Monday the 13th which sent what seemed to be a settling peace deal completely derailed and in turn put a cap on low inflation report and an XAUUSD Bull Surge.
Trump got a sniff of low inflation and had to do something about it.
There are always more variables of course, such as the month of June was a fall in oil prices which provides inaccurate findings but I am always skeptical that things are never what they seem.
What do you think?
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.