Trumpflation Might Not Help Gold if Real Rates Keep Rising
Gold bugs are caught between a shiny rock and an asset inflation can't debase.
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What's happened to gold?
Conventional wisdom held that the uncertainty that would follow a Donald Trump victory in the election would be very positive for safe-haven assets like gold, but since Nov. 8 the shiny stuff has fallen by more than 6 percent to below $1,200 per ounce.