We can see inflation coming

Inflation fears continued to grow last week on news that the January Consumer Price Index, a key indicator of inflation trends, jumped 0.5%, well above market expectations. The report indicated that inflationary price pressures were broad-based, with rises across the...

It’s different this time

The inflation fears from the positive wage growth report on Friday carried over into Monday when the Dow Jones Industrial Average suffered the largest intraday point drop in its history. The CBOE Volatility Index jumped almost 100 percent to its highest point in its...

Inflation finally shows up

The Dow Jones Industrial Average plunged over 650 points on Friday (2/2) on its way to its worst week in over a year. The catalyst was a good news/bad news U.S. employment report. The major data point in the report was the good news—a 3% jump in wage growth, something...

Outlook for gold in 2018

Gold prices surged last week when U.S. Secretary of the Treasury Steve Mnuchin suggested that a “weak dollar” was a good thing. They fell back down when Trump contradicted him later with his comments on a strong dollar. However, the reality is that the U.S. dollar has...

Gold is the safest “currency”

Gold prices continued to range between $1,325 and $1,340 per ounce last week, as gold maintained its weekly uptrend breakout (see the following chart). At the same time, the U.S. dollar collapsed after treading water during the fourth quarter of last year. The main...

New inflation measure: UIG

On Friday, gold prices shot up to $1,340 per ounce, posting a four-month high with its fifth-straight weekly gain. The U.S. dollar plunged on Friday, falling against the euro in response to an agreement for a new political coalition in Germany. Analyst forecasts for...