Gold’s a horse that just won’t run

This week alone, President Joe Biden, in his first address to Congress continued push his nearly $2 trillion infrastructure spending plan.

dollar looks to weaken as government spending continues to rise and adding to this perfect storm is the fact that interest rates are not going anywhere anytime soon.

It will take some time before we see substantial further progress,” Powell told reporters on Wednesday.

Gold is a thoroughbred in this market but it just can’t seem to find its legs.

…Read the full story