February 19 (King World News) – Alasdair Macleod out of London: As our headline chart illustrates, gold and silver appear to be going their separate ways, with gold drifting lower while silver gradually ticks higher.
This week, gold fell $51 from last Friday’s close to trade at $1772 in European morning trade today, while over the same time zone silver drifted 20 cents lower to $27.07.
The fall in the gold price since early January contrasts with all other inflation indicators, except the increasingly meaningless CPI. The table below shows how cryptocurrencies, commodities and equities have performed since 23 March, when the Fed’s accelerated QE was introduced. Read more…..
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