Gold: Short-Term Squeeze Leads To Long-Term Damage

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Fundamentals
It feels like there is a strong sentiment under the gold market that is building up to a boiling point. This sentiment is being validated by the economic numbers coming out now, which are stronger than expected. People are extremely eager to go out for dinner, go to movies and do things, so there is a massive amount of pent-up demand, which is leading to some inflation. The pandemic damaged inventories, so many commodities, labor, real…

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