Crisis: Panic Attack

Posted by Michael Berry , Ph.D. - Discovery Notes

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Gold has touched a new nominal high of $1035 per ounce (futures) this AM. Now this price move is not about inflation – yet.  We are not necessarily inflating out of the debacle.  It is instead the very beginnings of a global move to diversify away from the dollar.  It is all about gold’s role as the ultimate currency haven.  Inflation may or may not come later – but it is not here at present. Gold is going much higher – you must own a core position….full analysis HERE.