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| EvilSpeculator is dedicated to identifying trends in the financial markets. To that end, we post market updates several times a week and engage in pertinent discussions. Risk Disclosure: https://evilspeculator.com/risk/ |
Evil Speculator - created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious market schemes at various social media waterholes (e.g. youtube, facebook, twitter, stocktwits) and of course on evilspeculator.com.
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Gold price retreats from over two-week top; bulls turn cautious ahead of US CPI
2024-12-11
Gold price advances to over a two-week high and draws support from a combination of factors. Geopolitical risks, trade war fears and rate cuts by major central banks underpin the XAU/USD.
Gold rallies higher, approaching $2,690 on higher demand for safe assets
2024-12-10
Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows.
The Fed’s Gold Standard Confusion
2024-11-22
Why did the United States abandon the gold standard?
In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab cites the international gold shortage during the Great Depression. “Countries around the world basically ran out of supply and were forced off the gold standard,” she writes.
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