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Friday, June 12, 2020

Holding at Least 10% in Gold Makes Sense as Inflation Begins to Pick Up


Look for gold prices to continue to move higher as the Federal Reserve will do everything to fight deflation risks, according to one economist. 

In an interview with Kitco News ahead of the Federal Reserve’s monetary policy announcement, Tim Shaler, chief economist at iTrustCapital, said that he couldn’t state enough the risks deflation poses for the U.S. and global economy.

- Source, Kitco News