–stocks rose causa the FED flip-flop indicated 2 to 4 rate cuts this year…the trade war with China and Europe and many other macro problems still remains in place…as do the other 137 reasons to own gold–probably the foremost of which is the vast amount of zero bound interest rate debt around the world….and the prospect that the U.S is heading in that direction…so stocks to da moon and gold sent down once again to multi-year lows is not necessarily a done deal.
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