Strong Jobs Report verses InflationIt was pretty obvious that the market considers inflation a mugh bigger problem than the growth of jobs. Gold has gone up a lot in the last two trading days because of inflation. Inflation is not transitory it is here to stay. Gold has only one trajectory in the short, medium, and long term, that is up because the weak dollar has been a result of years and years of money printing. Now that inflation is here to stay it will take years and years to tame, but first they have to do something about it. That hasn't even crossed The Fed's mindset becase the pain of higher rates will crash the economy. Gold has nothing but a strong wind at it's back now. The gold explorers with real drill results will benefit Biglee especially in the leverage to the price of gold.
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