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Gold Prices Drop $20 from 5-Month 'Geopolitics' High as Silver ETF Shrinks, Comex Speculation Nears Record
Inflation Will Be Gold's Best Friend - SPDR Gold Trust ETF (NYSEARCA:GLD)
There are many ways to measure inflation, and raw material prices are just one of the methods. Source: CoinDeskThe rise of Bitcoin and the current gold price is a sign of the decline in value of traditional currencies. Commodities signal inflationary pressuresRaw material prices tend to be some of the best signals when it comes to monitoring economic conditions and inflationary pressures on the economy. In late 2015 and early 2016, the U.S. and global economy faced the risk of deflation as raw material prices traded to multiyear lows. These are just a few examples of many increases in raw material prices.
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