Gold: After a torrid couple of weeks, which saw gold fall from around $1310/oz to lows below $1270, #gold has posted a bit of a recovery over the past three days and is now at the highs of the week.
(short thread) https://t.co/thWIorpN00
Gold: Despite the inflows into ETFs we discussed yesterday, #gold declined during US trading on Wednesday, settling around $1310/oz.
It's remained under light pressure today and is currently just above$1308/oz.
(Short thread) https://t.co/DKSDL47wQ8
Quick summary of some recent consumer research of retail investors across Turkey, Saudi Arabia, United Arab Emirates and Malaysia
#Gold: Languishing around $1284/oz this morning following the correction from its recent highs.
(short thread) https://t.co/p2f5TIHxPW
In his book The Curse of Cash, leading economist Ken Rogoff suggests that excessive reliance on paper money is responsible for ills ranging from tax evasion to terrorism. He also believes that monetary policy would be more effective in a largely cashless society. Cryptocurrencies are not an effective replacement for paper money, he says, but gold’s role is likely to increase as cash fades from view.
