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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
GEOPOLITICAL TENSIONS COMPLICATE GOLD'S BULL CASE Middle East tensions are creating mixed signals for gold, according to American Hartford Gold president Max Baecker. While geopolitical uncertainty supports safe-haven demand, rising energy prices could fuel inflation, strengthen the dollar, and pressure gold. Central bank purchases have roughly doubled from pre-2022 levels, while China has increased its gold reserves for 23 consecutive months. Related assets: $GLD $IAU $GDX
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