Share 'Can We Predict Gold Prices via the U.S. Money Base?'
I have already referred to the relation between the expansion of U.S. Monetary base and the development of gold price. As the U.S. Monetary base expands, the price of gold tends to rise as well. Can we use this relation to learn more on the future development of gold? The following chart presents the development of gold and U.S. Monetary Base during 2011. According to the chart, U.S. Monetar…
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