Monday , 21 September 2020


Tag Archives: gold vs 2-year Treasury rate

Gold Is Going To Be Constrained For The Balance of 2016 – Here’s Why

We maintain the view that the rise in gold since the beginning of 2016 is not fundamentally supported, but that later in 2017 the inflation conditions and the value of the dollar, might provide a foundation from which a new gold bull market rally could grow. We, therefore, expect gold to drop down to meet the curve and test the $1,000/ozt. level as the dollar climbs out of its trading range.

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