Commodity Trade Mantra

Posts Tagged ‘Forex Markets’

The Fed is Data Dependant - Gold Price is Dollar Dependant

Rising gold holdings have been the one bright spot for the gold price that has held steady even in the face of weakness on the gold chart. The big question the market is going to be asking is can the Fed indeed hike rates at a pace that would send the US Dollar higher with all the negative side effects from that. Much depends on what the Forex markets do with the US Dollar.

Expect Physical Gold Backing of Currencies Within Next Decade

The whole precept that printing money is good, that somehow zero or negative interest rates are good, is totally fallacious. Unimaginable & yet somehow the investment public has bought into it. So probably in less than 10 years we will see physical assets backing currency. Of course, the most likely physical asset is gold.

What the drop dead date for the Volcker Rule might mean for Gold

Big trading banks traditionally have occupied the short side of the paper gold market. The Volcker Rule which limits banks’ speculative investments (including gold) goes into effect April 1, 2014. There has already been quite a bit of adjustment to bank portfolios & will get interesting as we move ahead.

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