The view is and has been disinflation first, then a return of the inflationary macro
With gold once again topping $5,200 an ounce, I thought it a good time to look back in time and ask: Where did this coveted metal comes from and why has it retained its universal appeal though the ages?
Gold’s expected weekly trading range is 304 points, which with the Middle East offensive could be covered early on in the ensuing week; (the daily is 159 points).
Technical stock chart updates on $AU, $FNV, $AG, $GDXJ, $NUGT and more.
In recent weeks, a series of revelations around the world has unsettled public confidence, exposing how influence can blur the boundaries between access, reputation and accountability.
Yet as we reduce the known risks, we sow the seeds for the next 10-sigma event. It is the improbable, unseen risks that will create the next real crisis. It is not that the fingers of instability have been removed from the equation, it is that they lurk in different places, not yet visible.
