The current economic expansion is surprisingly durable, as it has already lasted more than 100 months. It worries many investors who are afraid of the upcoming recessions. Surely, there are many reasons to worry, and the recession will...
The New York Fed created a new inflation gauge. What does it mean for the gold market? The standard inflation measures are the CPI and the PCEPI. They are useful indicators of changes in consumer prices. However, they omit producer prices...
The central banks’ inability to achieve their inflation targets led some analysts to argue for modifying these targets. Are they inappropriate in a modern, globalized economy? Should central banks change them? Or should they conduct a more...
In both 2015 and 2016, the price of gold bottomed in December, as one can see in the chart below. Will that pattern repeat itself this year? Well, there are some strong arguments in favor of that scenario. First, the price of gold actually...
Janet Yellen’s term as Federal Reserve chair ends on February 3rd. President Trump is expected to announce the new Federal Reserve Chair very soon, perhaps even this week. He said that we’ll get to know his choice before a tour in Asia in...
China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and - along with India - one of the biggest consumers of the yellow metal. According to the World Gold Council's data...
The third quarter of 2017 was positive for the gold market. The yellow metal price has gained more than three percent between July and the end of September. As one can see in the chart below, the price of gold jumped above $1,300 for a...
Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals. As the chart below shows, palladium has been generally cheaper than platinum –...
Platinum is one of the rarest elements in the world, much rarer than gold. This is why historically the white metal has been more valuable – just think of platinum credit cards which offer greater privileges and prestige than the gold ones...
We often hear about ‘peak gold’, i.e. the maximum level of the global production of the yellow metal. According to some analysts, the gold supply already peaked in 2016 or it is likely to peak very soon, offering hope for gold bulls. We do...