Precious Metals and the Great “Taper Debate”
Precious metals are increasingly becoming the subject of necessity rather than debate in the backdrop of the great “taper debate.”
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Precious metals are increasingly becoming the subject of necessity rather than debate in the backdrop of the great “taper debate.”
Gold price manipulation is back, as was gold’s flash crash; below we skate through its details and ask: “Why now”
Below we unpack the implications behind central bank gold purchases (rising), negative real yields (falling) and Stanley Fischer’s Fed-speak (cringing).
Earlier in July, President Biden came away from a meeting with Fed Chairman Jerome Powell and calmly announced that in
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