At a speech to the Executive Club in Chicago on 3 March, Janet Yellen laid out the Fed's intentions for the Fed Funds rate as plainly as possible. To begin, Yellen advanced the idea of the "neutral rate". She said the neutral real Fed Funds rate is neither expansionary nor... Show More
The fundamentals of gold remain strong; inflation should outpace interest rates and global debt remains high. I think gold will find a floor at some stage, and when it begins to move up again it could be quite aggressive. Key catalysts will be ‘the three I’s: Inflation, interest rates, and... Show More