Here’s why the US dollar may be closer to a peak than markets think, even as inflation rages and the Fed remains hawkish

MarketsInsider/Jennifer Sor/10-23-2022

“But examples of dollar peaks in the 1970s and 1980s may be more applicable to today since those periods also saw high inflation, [Goldman Sachs] analysts said in a note on Thursday.”

USAGOLD note: Seems logical…… The article at the link above gets into Goldman’s full rationale. Given the well-entrenched inverse correlation between the dollar and the yellow metal, one would think a peak in the dollar index would be good news for gold investors.

The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.