Tag: U.S. Monetary Base

Gold and U.S Money Base – June Report

The U.S. Monetary base decreased again during May by 0.92%. This news could suggest that gold will continue to trade down during June (assuming all things being equal). The strong relation between U.S. Monetary base and the changes in gold…

Did the Liquidity Trap Cause the Hike in Gold Price?

I have stumbled upon an interesting article by Paul Krugman, a Nobel laureate in economics; the article offers an explanation for the hike in gold price in the last few years. Krugman, who considers himself a deflationista, i.e. a person…