$GLD Loving Itself Some Inflation!

Takeaway: Gold loves inflation slowing growth.

Gold is shooting higher up over 11% year-to-date today as A) 10-year yields remain bearish TREND in our Hedgeye model and B) the US Dollar remains under pressure ahead of both new Fed chief Janet "Mother of All Doves" Yellen’s regime and President Obama’s 2015 "budget."

Yes ... Gold loves inflation slowing growth (and Team Canada Hockey). Sorry couldn't resist.

$GLD Loving Itself Some Inflation! - drake

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