Only a matter of time before gold breaks its currency chains; mining stocks remain attractive - BCA’s Ibrahim
(Kitco News) - The gold market has been trading sideways for the last four months. Despite the lack of momentum, one research firm continues to recommend buying gold on dips, maintaining that the structural bull market is far from over.
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Next week’s July meeting minutes and Jackson Hole speech offer in-depth looks into the Fed’s past and future (Kitco News) – While this week’s economic news focused on inflation and the health of the American consumer, next week the spotlight centers once again on the Federal Reserve.The U.S. Bureau of Labor Statistics reported on Tuesday that the Consumer Price Index rose 0.2% last month after June’s 0.3% increase, in line with expectations, and 2.7% over the past 12 months, which was slightly below expectations for a 2.8% increase.
