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We’re in another housing bubble; gold price back above $2,000 a ‘certainty’ – Mish Shedlock

Government measures of rising cost of living are not effectively adjusted to consist of properties like real estate, said economic author Mish Shedlock.

Shedlock notes that what actually drives gold rates is the decline of self-confidence in the reserve banks.

0:00 – Key drivers of gold
8:10 – Monetary policy and also gold
12:44 – Definition of rising cost of living
15:47 – Housing bubble
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