When it comes to trade, there is no free lunch. A lower US dollar helps US exporters. But, for the US – a net importer by a huge margin – it raises the price of imports. So, it was really interesting to watch Treasury Secretary Mnuchin step in it explain that a lower USD would … continue reading →
Tag Archives: USD
Gold is approaching our next upside target from two weeks ago [see: Gold – Following the Yellow Brick Road.] continued for members… … continue reading →
I’m not a gold bug. I’ve always thought the price is pretty heavily manipulated (long before it hit the headlines) and I guess I’ve avoided it on principle. Looking back at my forecasts over the past year or so, that was probably a mistake. Since our December 14, 2015 forecast, GC has gained about 19% … continue reading →