Gold Bulls Have to Wait

Source: Przemyslaw Radomski CFA Published on Tuesday, September 18 2018
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Last week was full of interesting economic data. We analyze them to show that gold bulls have to be patient. The data suggest that the US economy remains healthy. So far.Inflationary Pressure EasesOn August the 24th, 2018, we published Gold News Monitor in which we wondered whether inflation has peaked. Now, we know the answer: it indeed peaked in July. The CPI has reached 2.7 percent in August over the last 12 months, a slowdown from 2.9 percent in the previous month, as one can see in the char
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