Thanks for Acknowledging the Inflation Elephant
There’s always a dance between gold and inflation. As an inflation hedge, gold should do well in inflationary environments. The rationale is two-sided. On one side, investors turn to gold to protect their wealth when inflation is eroding the value of bank accounts and bonds. That’s the classic inflation hedge/safe haven argument. On the other […]
Wake Me In September Please
I connected the right dots last week but got the direction wrong. On the heels of weak ADP jobs numbers out last week on Wednesday, I guessed Friday’s official July jobs numbers would also surprise to the downside. And I thought that would be good for gold because weak job numbers would remove almost all […]