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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold will be back, eventually

Posted on 16 November 2016

Anyone waiting for gold to spring back and into an unrestrained bull run after a surprisingly poor reaction to Donald Trump’s election to the White House are likely to be disappointed, according to RBC analyst Tyler Broda.
The near-term macro-economic environment created by a Trump government suggests a gold price not far north of current trading levels and there is room for further losses. “Following president-elect Donald Trump’s victory, the markets have seen a sharp increase in volatility, especially as we push through the paradigm shift of a potentially more inflationary and higher nominal rate environment,” Broda said in a note this week………………………………….Full Article: Source


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