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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “federal budget deficit“

September 27, 2024 Key Gold Headlines

Gold Pumps After Monster Rate Cut – And So Will Inflation

In the wake of the Fed’s juicy 50 bps interest rate cut, the dollar responded immediately by dropping against gold. With more rate cuts on the way, Israel’s war expanding rapidly, and inflation ready to rip higher, new record prices are on the way for the yellow metal.