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Remarkable chart: gold in yen.
No further comments necessary. Source: Michel A.Arouet, Ht @AugurInfinity
Gold >2400 as markets believe lower than expected CPI report is opening the door to rate cuts by the FED starting in September.
Source: www.zerohedge.com
What do Serbia, Czech Republic and India have in common?
central banks are ALL accumulating gold... Source: Bloomberg, Krishan Gopaul
India increases gold reserves by the most in 2 years
Source: Barchart
Which commodities protect against different inflation shocks? Goldman regards GOLD as a decent hedge
Source: Goldman Sachs, Ronnie Stoeferle
US family offices currently allocate just 1% of their assets to commodities, including gold.
Source: UBS, Tavi Costa
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