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For the fourth time within the final 10 years, the inventory market broke to a brand new all-time excessive after consolidating for just a few years or crashing because it did throughout COVID-19.
Two of the earlier three situations marked vital peaks for valuable metals. The opposite in 2019, got here after valuable metals corrected for 3 years and proper because the Federal Reserve lower charges for the primary time shortly.
So long as the Fed cuts charges over the approaching months, we might see a repeat of 2019.
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