Nobel Prize-winning economist Milton Friedman is usually quoted as stating, “Inflation is attributable to an excessive amount of cash chasing after too few items.” Outlined, inflation is the speed of improve in costs over a given time frame and leads to much less buying energy for a given foreign money. During times of rising costs, gold has lengthy been seen as a method to hedge in opposition to inflation. Is that this nonetheless true in right now’s markets? Additionally, why are monetary professionals not too long ago referencing “stagflation”, a time period not broadly utilized in over forty years?
Watch NinjaTrader’s Tom Schneider and particular visitor Bob Iaccino talk about these questions and extra together with conceptions, misconceptions, and a basic change available in the market’s notion of gold and Gold Futures (GC).
Subject coated embody:
- Are gold costs a predictor of inflation or recession, versus an inflation hedge?
- The pandemic’s affect on market sentiment round gold and inflation.
- The Fed’s actions to fight inflation and what could lie forward.
- A technical and basic analysts have a look at gold costs versus the U.S. greenback and the affect on international foreign money and buying and selling.
- Utilizing NinjaTrader charts to discover gold futures costs, and relating the charts to inflation and the actions of the Central Banks, particularly The Fed right here in the US.
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