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XAU/USD - Gold Spot US Dollar

Real-time Currencies
Currency in
USD
Disclaimer
2,369.52
+23.42(+1.00%)
Real-time Data

XAU/USD Discussions

As the FRB uses the psychological persuasion of future tightening to attempt to persuade investors to believe inflations remains transitory, only the naïve would take this to the bank. If they could have reduced the MBSs and Treasuries off their balance sheet they would have. The last time they did it, several elements of the financial system reacted violently to their actions. The system is failing and I suspect this time it can't be revived. With the massive expansion of the money supply over the last few decades, after the prior inflationary period of the 1980s, keeping your currency in dollar denominated assets is extremely risky for the various reasons everyone should know.
That's the point,always practice to doubt everything,with doubt in place,you won't be entering so recklessly.always plan ahead if you position end up being wrong,proper margin management you can hedge or martingle losses into winning.good share👍
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