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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

What Is The Next Bullish Fundamental Driver For Gold?

Posted on 12 May 2014

During the final phase of the last Gold rally between 2008 and 2011, we heard a lot about any number of bullish catalysts for gold: The long term decline of the US Dollar as the world’s reserve currency,Insatiable Asian demand for physical gold, The specter of hyperinflation resulting from the Federal Reserve’s quantitative easing policies, Negative real interest rates, Central bank accumulation of gold, And the list goes on……
As we sit here today in May 2014 none of these formerly bullish fundamental drivers appears to carry much weight in driving the day-to-day price of gold. When will this change? And what will be the next major fundamental driver in the next leg higher for gold?……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


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