The Daily Gold, Released on 10/14/21
The narrative of growth and inflation plus expectations of higher real interest rates has hurt Gold. When the narrative shifts to stagflation & associated problems from inflation, Gold outperforms. Inflation has to persist for several quarters for damage to be done and the narrative to shift.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.
gold, inflation, Jordan Roy-Byrne, stock market
Jordan Roy-Byrne: When Will Commodity Inflation Help Gold? added by Herman James on 10/13/2021View all posts by Herman James ?+'