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  • Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit  [View article]
    The bond market is wrong because the bonds aren't being bought just by rational investors, they are also bought by foreign governments to recycle dollars.

    Yes, commodities can keep going because 1) the alternatives are worse, and 2) there is an excess of capital looking for a home in an increasingly inflationary environment.
    Mar 07 13:05 pm |Rating: +1 0
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