This just isn't working out the way it's supposed to.
When countries cut interest rates and inject monetary stimulus, it's supposed to give gold a boost. But the yellow metal has just finished its
Todd Gordon, founder of TradingAnalysis.com, just exited a gold position he has held since last April. "It seems like with central banks puming in so much liquidity, I think the precious metals markets are starting to kind of discount liquidity withdrawal and these precious metals are selling off," he told CNBC's Melissa Lee.
The current low level of
"Inflation is not going to skyrocket. It's going to happen slowly," she says. "If that happens, you don't need to have an inflation hedge on."