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MarketWatch/Chris Matthews/11-11-2022
“Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook.”
USAGOLD note: We have been monitoring consumer sentiment as a possible indicator of future gold demand, and the demand for gold coins and bullion among retail investors has certainly risen as the index has declined. The Index is now at all-time lows.
University of Michigan Consumer Sentiment Index
Source: TradingEconomics.com
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