GOLD SEASONALITY
According to work compiled by Dimtri Speck, June historically has been the seasonal low for gold prices in USD. Why? The general explanation being nothing more than the summer vacation season causes less liquidity and […]
According to work compiled by Dimtri Speck, June historically has been the seasonal low for gold prices in USD. Why? The general explanation being nothing more than the summer vacation season causes less liquidity and […]
Slowing global economic growth along with competitive currency devaluations is showing up in gold prices denominated in various currencies. The gold price is experiencing significant technical break-outs to the upside in terms of yen, euro, […]
On the heels of a 9% decline in exports, two months of capital outflows, a stock market crash and the renminbi not being included in the SDR currency basket, the Peoples Bank of China moved […]