The other day I posted my thoughts on inflation, and whether we should expect a resurgence. To follow up on that I thought I would take a look at the ole Dollar/Gold chart and see if it was providing any signals. In general, when expectations are for higher inflation, Gold will outperform the Dollar. When [...]
When inflation hits, many investors think about turning to gold as an investment. If you watch the financial networks, you will see many advertisements for buying gold, usually in the form of coins. Gold bugs cite many reasons for buying gold these days. Inflation is one. The likely roll out of central bank digital currencies [...]
Throughout this pandemic, the price action in the gold market has been quite interesting. In 2020, as the Federal Reserve turned up the money printing to full power, gold's initial reaction was to explode higher to new all time highs above $2,000 per ounce. But, the market didn't stay there for long and it quickly [...]
The Labor Department reported a net gain of over 940,000 jobs for the month of July, which dropped the unemployment rate to 5.4%. Economists expected a gain of 850,000 and a rate of 5.7%. As a result, there were some significant moves in the futures markets in the Treasuries, currencies and precious metals. Treasury prices [...]
