If you went into a laboratory to build a gold price optimizer, you would want a couple of things.
A falling dollar
Rising inflation expectations
Money printing
Central bank balance sheets expanding
Fiscal deficits increasing
Political turmoil
All of these things were in place over the last few months, and yet gold has done the opposite of what you expected it to do. It’s down 9% over the last 6 months, and it̵…
The post What Happened to Gold? appeared first on The Irrelevant Investor.