This week I found myself...submitting forecasts for the Reuters Precious Metals Survey. It’s a peculiar exercise, this act of prediction, especially in the world of gold.
Today we’ll draw on some of my best sources to survey the inflation trends. As you’ll see, the direction isn’t as clear as either hawks or doves think.
Gold and silver ultimately became money simply because people wanted to use them as such. No government mandate was necessary. The metals spontaneously evolved as money...
Gold has been treading water in recent months, consolidating between $3,200 and $3,500 — a typical summer pattern as news flow and trading volume slow with traders on vacation.
