Posted inChina, Japan, Northeast Asia, Russia, World

A trend in the gold price (and I don’t like it)

There is one systemic risk parameter that is creeping higher in the background, namely the gold price. We can identify a rising trend in the gold price independent of the other usual suspects among safe-harbor assets (TIPS, Japanese yen, volatility). And we can identify the trend’s starting point in February 2016, coinciding with a spike […]

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