Via Jason Ruspini.
Best online pokies guide for New Zealand players.
[Download this post to watch the embedded video above, if your feed reader does not show it to you.]
Download this post to watch the video, if your feed reader does not show it to you.
Previously: The Interdependence of Prices and Gold –- by Jason Ruspini
I did not give $1500 as a gold target this year! When asked for my gold price prediction, I said, if you look at gold as a % of global fx reserves and investable assets you can justify very high gold price predictions, but I don’t like to model absolute levels, I like to look at marginal, incremental signals. If you put a gun to my head though: $1300-1350 — not “$1300-1500?.
Also edited out was a differentiation of liquidity shock vs. deflation vs. disinflation.
I should add that long-term trend-following is a fine way to trade gold.
These are all my own opinions, not those of Conquest.