Gold: Best Quarter in 30 Years Yesterday marked the close of the first quarter in 2016 in which the 3 C’s (Commodities, China and Central banks) were in focus. Among the winners in financial markets is gold. After the very weak 2015, gold came back to 1’235 USD per ounce and climbed almost 17% in the first 3 months …
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Models and Weddings
‘ I don’t think anybody has a very good model of what makes gold prices go up or down.’ What Federal Reserve Chair Janet Yellen said at her confirmation hearing in November 2013, was instantly opposed by financial analysts. Of course, they would have good models for gold. According to these models, the following factors are decisive: Inflation Dollar Oil Geopolitics …
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