Still No New Highs for Gold Since 1980
The intra-day high for spot gold in 2024 is $2785 oz. That is an increase of 34% over its closing price of $2062 oz at the end of 2023.
The intra-day high for spot gold in 2024 is $2785 oz. That is an increase of 34% over its closing price of $2062 oz at the end of 2023.
RE: FED POLICY...
“I think instinctively – I can't prove this, we're going to learn about this empirically – but...
Below is a chart posted and updated regularly by the Federal Reserve Bank of St. Louis...
Rhetoric regarding trade tariffs increased prior to the election, and that same rhetoric continued post-election.
NOTE TO READERS: "Global Credit Collapse Is Deflationary" was originally published as an exclusive for TalkMarkets on October 29, 2024.
Kelsey Williams has more than forty years experience in the financial services industry, including fourteen years as a full-service financial planner. His website, Kelsey's Gold Facts, features articles that aim to educate and inform others about gold within a historical context. In addition to gold, he writes about inflation and the Federal Reserve.
Kelsey is the author of two books: Inflation - What It Is, What It Isn't, And Who's Responsible For It and All Hail The Fed!: A Closer Look At The Federal Reserve