Last week I was in beautiful Colorado Springs attending the 35th annual Denver Gold Forum, where sentiment for all things gold was cautiously optimistic.
Many of the speakers and attendees were bullish on the physical metal, pointing to gold’s resilience in the face of a very strong U.S. dollar and multiyear-high yields. When the Federal Reserve begins to lower rates and the value of the greenback cools relative to other currencies, I believe it will really be dollar-denominated gold’s time to shine, as it is right now in many countries such as Argentina, Japan, China, South Africa and more.
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