Asset price is a simple case of demand and supply. The following words from Agnico eagle CEO ( one of the largest gold miner in the world) will tell you the supply situation. Smart investors already know about the demand picture
There is just so much demand for money printing these days from latin american countries like Venezuela and Argentina then it is strange for one of the biggest currency printer to in the world (De La Rue) to shock the markets with financial loss and cancel dividend.
below is the stock price chart in British Pound
People aren’t moving and I am scratching my head “why”?
US headed for 0% GDP growth in Q4 and Q1
