“In my book is incoming stagflation and that’s been holding gold up at these levels,” he said. “We have said before, but now is the time to be patiently bullish on gold.” The gold market has room to fall further and even test support at $1,800 an ounce after falling below $1,900 for the first time since […]
Gold’s Selloff Doesn’t Change the Long-Term Bullish Outlook – Saxo Bank Read More »
“When that comes this fall, I believe it’s going to be a very difficult holiday season, certainly challenging for most retailers,” former Toys “R” Us CEO Gerald Storch said. “Every report we hear from retailers out there is that consumers are stressed, they’re reluctant to buy goods. “When you adjust for inflation, sales of physical
Bank-sector stress makes a stagflationary debt crisis more likely and potentially more severe. Higher inflation would lead to higher bond yields, which in turn would hurt stocks as the discount factor for dividends rose. But, at the same time, higher yields on “safe” bonds would imply a fall in their price, too, owing to the
