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Gold’s moving higher and… the USD Index is moving higher as well, which one is faking it? In the recent past I commented on gold’s performance as being similar to what we saw in 2011. Today’s move higher makes the similarity less clear, but still intact. chart As a reminder, back in 2011, gold consolidated for over 40 days, then it rallied sharply, and ...
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Personal income increased $66.5 billion (0.3 percent at a monthly rate) in February, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $50.3 billion (0.2 percent) and personal consumption expenditures (PCE) increased $145.5 ...