The U.S. Monetary base declined again during April by 0.67%. This news might mean that gold price will continue its downward trend during May (assuming all things being equal). The strong relation between U.S. Monetary base and the changes in…
I have already examined in the past the relation between the U.S. Monetary base and the changes in gold price. As the U.S. Monetary base tends to expand, the price of gold tends to increase as well. Let examine the…
I have already referred to the relation between the expansion of U.S. Monetary base and the development of gold price. As the U.S. Monetary base expands, the price of gold tends to rise as well. Can we use this relation…