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Gold market finally realizes Fed is completely wrong; $2,000 now on the way | Kitco News

“With all indicators pointing to inflation continuing to be problematic, the U.S.

Wyckoff explained that the reason there was a decoupling between gold and the Consumer Price Index last year was because it was perceived by the marketplace as an occurrence that was not going to be permanent.

Speaking more about inflation, Wyckoff said, “When central banks were infusing money into the financial system at the rate that they were for the past couple of years during the pandemic, that caused inflation down the road.

In my Kitco Annual Report on Gold, I forecast that gold was going to experience a good year in 2022, and that has started out to be the case,” he noted.

…Read the full story

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