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Liberty and Finance
Premiered Jan 14, 2023
Getting inflation under control without having a recession is “next to impossible,” says asset manager Adrian Day. “We’re fooling ourselves if we think we’ve seen the lows in the S&P,” he says, noting there is further downside to the stock bear market. Institutions and central banks were buying gold in September through November to defend themselves against falling markets and inflation. He is extremely bullish on gold in 2023, however, he does see the possibility of a pullback short-term.
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