Gold is an 'extremely crowded trade' and is heading lower, trader says – CNBC

Gold is an ‘extremely crowded trade’ and is heading lower, trader says
CNBC
That’s because gold is acting as a currency and once the “hysteria slows,” it will return to acting like a commodity, James Cordier told CNBC’s “Closing Bell.” “Later this year, we think … prices of commodities and inflation are going to be down, and …

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