Gold Now Up Against All Major Currencies as Inflation Hits 30-Year High

November 12, 2021 – Ryan Puplava gives this week's market wrap on the most recent data showing surging inflation here in the US, Europe, and around the globe. Frank Barbera discusses the market outlook and says that institutional investors are increasing their exposure to inflationary hedges as the 'transitory' inflation thesis continues to lose credibility. Next, Jim Puplava speaks with Ryan Sweet at Moody's to get an update on their economic view. Ryan says more and more of Moody's customers are asking about recession and offers his take on when that's likely to happen. Lastly, in today's Smart Macro segment, Chris Puplava explains how gold is now strengthening against every major global currency and where he thinks precious metals and the overall stock market is headed.

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