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$BTC
$GT When UBS Bank speaks, you should listen
Not a collapse... but repositioning
A 12% drop in gold in one day is not just a "correction,"
but a message from the markets about the future of U.S. monetary policy.
Last Friday and throughout the week,
the yellow metal experienced its largest daily decline in 13 years,
affected by the nomination of "Kevin Warsh" for the U.S. Federal Reserve chairmanship.
This man is not only known as an economist,
but also as a "hawk" inclined toward strict monetary policies and disciplined budgets,
which reshuffled investors who had long bet on endles