Archived IMT (2008.10.16)
Oil prices drop to $72 per barrel, shedding 50% off their July highs, while gold slips to $838 per ounce, thus, further boosting the gold/oil ratio to 11.6 from the 5.8 lows of this summer, which is consistent with the notion of an incoming "global recession" as a result of notable bounces in the gold/oil ratio. SEE LAST MONTH's ARTICLE on the topic. The latest GLOBAL YIELD CURVE charts in the website show sharp steepening in the US, EU and UK curves, suggesting further central bank rate cuts ahead, another positive for gold.
Another Japanese Recession?
by Adam Button | Feb 17, 2020 12:47
Bazooka or Nuclear Stimulus
by Adam Button | Feb 14, 2020 10:35
Look Here Before Jumping in
by Ashraf Laidi | Feb 13, 2020 16:38
Bears Lack Follow Through
by Ashraf Laidi | Feb 13, 2020 14:31
ندوتي مع أكس تي بي يوم الإثنين
by Ashraf Laidi | Feb 12, 2020 15:33