US inflation jumps
US inflation preview: Expect a disappointment – and a downing of the dollar
Month: August 2019
Gold Prices Off Their Highs
Gold prices off their highs but are still holding strong gains as consumer inflation pressures rose in line with expectations last month.
Predicting the next U.S. recession
Morgan Stanley forecast that if the U.S. lifts tariffs on all imports from China to 25 percent for 4-6 months and China takes countermeasures, the U.S. would be in recession in three quarters.
Gold Price Boost
Gold prices are likely to receive a boost from de-dollarization, say SP Angel analysts. “The recent increase in gold prices may be set to continue on the strength of a global push for de-dollarization,” according to the analysts.