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Craig Hemke: Collapsing real interest rates will keep driving gold higher
1:20p ET Wednesday, August 5, 2020
Dear Friend of GATA and Gold:
Real interest rates are going negative, the TF Metals Report's Craig Hemke writes this week at Sprott Money, and will be the main driver of gold prices as the United States enters another period of "stagflation," like the period in the 1970s in which gold soared.
Hemke's analysis is headlined "Real Rates Push Gold Higher" andit's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/real-rates-push-gold-higher-craig-hemke...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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