Gold Isn't Driven by US Inflation Says Jan van Eck

Jan van Eck, CEO of VanEck Funds, said gold prices are not primarily driven by US inflation and stated he is not concerned about the $40 trillion US debt level. Eck also said Treasury Secretary Bessent and President Trump are "toying" with the market regarding proposed $5,000 checks to Americans conditional on Republican control of Congress, according to Bloomberg Businessweek Daily.

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