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– Hartnett: This Is The Best Hedge Against Inflation Reacclerating In 2025:
Without paywall: https://archive.is/lR8KF#selection-1018.1-1031.21
Of course, election markets and online polls are best known for being wrong, which is why besides having been bullish on bonds – and right – Hartnett has another favorite trade (since a sweep by either Republicans or Democrats guarantees a flood of debt in coming years as fiscal stimmy piles upon fiscal stimmy despite the dire current situation discussed last week). And that trade is gold: gold is surging to daily new all-time highs because according to Hartnett, gold is the “best hedge against 2025 inflation reacceleration” just as gold sniffed out the exploding inflation in 2021 and 2022 by being the best performing asset of 2020 (more on that below).
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