It's really hard to tell short

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It's really hard to tell short term if a deal gets done. However, there is clearly appetite for rate hikes at the Fed and inflationary pressures are mounting. I definitely wouldn't write off rising interest rates yet, but I'm very long gold regardless. I don't see a medium term scenario where the gold price doesnt continue marching higher due to the grinding debasement of the USD.

# US Conducts New Military Strikes on Iran, Triggering Over 4% Surge in Oil Prices Amid Strait of Hormuz Tensions

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