The latest Federal Open Market Committee (FOMC) meeting has come and gone, so what have we learnt from it regarding the state of the U.S. economy, bond purchase tapering, and timing for raising interest rates?
The World Gold Council (WGC)’s latest “Gold Demand Trends” report was published at the end of July and now that we’ve had a little time to digest the statistical data, we’ve drawn our own conclusions from it
My view is that the cryptocurrency has no substance behind it and that at least some of the Bitcoin sales and marketing sector is run by individuals with, to say the least, unsavory backgrounds that would imply they are attracted to get-rich-quick schemes.
What the impact is likely to be on the gold price is a matter of some dissension among observers – most are either bullish on the gold price (some hugely bullish), or consider that things won’t change at all and the principal price driver will remain rising inflation and potential moves to control it.