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@TrendTrekker13 The dollar isn’t reacting to war noise—it’s rallying on the belief that the conflict is tilting toward control of iran oil flows. Tomorrow if tilts towards Iran winning then Gold would go up massively.
@michaeljmcnair cannot make sense of the logic here
“….. current administration's explicit push to discourage foreign countries from parking excess savings in US financial assets” - where does that come from?
“….gold has become pro-cyclical” - gold has always been cyclical