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(Kitco Information) – The month-to-month continuation bar chart for close by Comex gold futures reveals costs trending solidly up, on a longer-term foundation, to counsel nonetheless extra upside in the approaching months. The trend-line value projection from the month-to-month gold chart, at current, suggests costs will hit a brand new all-time file excessive in September of 2022, if not earlier than. Curiously, such a projection syncs up with notions that problematic value inflation will ignite within the subsequent few years, following the huge injections of liquidity into monetary markets the previous a number of weeks by main central banks.
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