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Also notice during this entire process of massive money printing over the last 6-9 months, after a quick run up, gold has been flat to down.
Gold has a high correlation, historically, to inflation. Yet it is sounding no alarm.
That's because the money that used to go to gold is going to Bitcoin. The beginning of the massive run-up in the price of Bitcoin is taking place at the cost of gold.
Again, inflation is not a single thing.
RE: Will The Increase In Minimum Wage Cause Inflation?