Mainstream media can’t explain gold’s rise, blaming uncertainty and geopolitics, while ignoring job losses, ballooning deficits, rate cuts, and a weakening dollar driving future inflation.

Gold is piercing a level that has held for 45 years. Moves of this size never happen in calm markets. Confidence in the current monetary system is fraying. The rally is powered by record central bank buying, ballooning U.S. debt, …

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