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GDX / Fed Reloads Gold Stocks

The Fed just reloaded gold stocks for another big run higher. Their latest bull upleg was interrupted by the Fed's most-extreme hawkish pivot ever witnessed. Fed officials transitioned into a big-and-fast new rate-hike cycle and launched the most-aggressive QT monetary destruction ever attempted. That ignited a monster US-dollar rally that unleashed heavy gold-futures selling. Read More

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Reloads

Gold

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GDX

Posted: Jun 3 2022, 17:29

Author Name: Seeking Alpha

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