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How quickly time passes! It has been nine years since the Great Recession ended. What does it imply for the economy and the gold market? Are we on the verge of another crisis?
In this edition of the Market Overview, we will answer these questions. We will summarize the gold market in H1 2018 and provide tips on what to expect next. In particular, we will analyze the state of the current economic expansion, and whether or not it will end soon as many analysts believe.
Also, we will examine the two hottest issues in the past six months, or even the whole recovery. First of all, inflation has come back. After years of being subdued and resulting in fears of deflation, it has reached the Fed’s 2-percent target. Will that make gold shine – or not necessarily?
The second important theme we will discuss is the yield curve. It has become very flat – actually, we are only about 25-30 basis points from the inversion. As the inverted yield curve is believed to be a good predictor of the recession, we will dig into the topic and draw conclusions for the gold market.