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Source: Pipe- Gold Feeds
Commentary: Quantitative easing, low interest rates and overall “inflationary” policies on the part of the Fed, Bank of England, EU and others have been a major pillar of gold’s multi-year rally. As long as these policies continue, we will likely see gold and silver remain strong.
NOTE – it’s not that gold is more valuable, it’s the paper money losing it’s value. 1-0z of gold will always be worth 1-oz, but in corresponding paper dollars, its price can fluctuate, sometimes wildly.