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The View From The Montana Log-Cabin As Gold Shows Signs Of Decoupling

By Nigel Somerville | Saturday 11 June 2022


Gold finished the week at $1872, nicely up from last week’s $1851, following a day of yet more bad US inflation numbers and a corresponding sell-off in both equities and bonds. Gold initially followed the market down, but then rallied. Is this a sign of a decoupling which would see the yellow metal head sharply north as equities head the other way?

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