economy

You wouldn’t believe it by looking in the financial news but the price of gold has had a stellar run over the last few years . . . .

If you’ve been waiting for the U.S. unemployment-inflation relationship to reassert itself, 2018 may be the year for you . . . .

Gold remains one of the more "normal" trades this year - following seasonal patterns rather well. It has always been a case that gold tends to strengthen ahead of the Chinese Lunar New Year, and this year seems no different . . . .

Gold futures settled modestly higher Wednesday, helped by a slightly weaker dollar index even as stocks reclaimed a portion of the sharp declines that marked the start to the week . . . .

Stocks have now opened the year up 6%.  Global interest rates are on the move, with the U.S. 2-year Treasury trading above 2% for the first time since 2008.  Oil is trading in the mid $60s.  And base metals are trading toward the highest levels of the young, two-year bull market in commodities . . . .

The US dollar weakened across the board after the release of the US employment report and pushed gold to the upside. The metal rose $6 in a few seconds, from $1316/oz to $1323 to test daily highs . . . .

Gold hit its highest in 2-1/2 months on Friday and remained on track for its biggest annual rise since 2010 as a wilting dollar, political tensions and receding concerns over the impact of U.S. interest rate hikes fed into its rally . . . .

The Russian economy appears to be in a far better state than that of the USA. The country’s economic management seems to be comfortably better than most Western economies . . . .

If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and those of the asset. What makes the comparison to gold unique is that gold is, if I may call it such, the purest of all assets because it doesn’t change. It is the world around it that changes . . . .

Bridgewater Associates founder Ray Dalio, the 68-year-old founder of the world’s largest hedge fund (160 billion under management), said bitcoin is "in a bubble" during an interview on CNBC Tuesday morning, arguing that the so-called currency is too difficult to spend, and too volatile to be a useful store of value . . . .