Those arguing for more government intervention to 'fix' markets or help the economy might want to consider than, according to Deutsche Bank, in the latest set...
Those arguing for more government intervention to 'fix' markets or help the economy might want to consider than, according to Deutsche Bank, in the latest set of inflation figures, private sector inflation was barely above 2%, but government related inflation was closer to 6%. Pretty good argument in favour of freer markets i would think. On to gold, and the tone has remained bearish, despite the Ukraine situation worsening, and some questionable US housing data. Gold will need to hold above the 100DMA or otherwise a test of USD $1250oz or lower is easily on the cards. Would certainly take a brave investor to go long now, unless they're of the buy and hold type, and can stomach the volatility. More detail report here (VIEW LINK)
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Gold and precious metal bull since early 2000. Have spent +25yrs working in investment analytics, research & portfolio construction, with a primary focus on the role of precious metals in investor portfolios. Author of two books on investing in gold and the causes of the GFC. Lover of markets, competition & technology
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