Image Source: Pixabay
 

There was a lot of economic data this month that seems to signal a strong economy. Does it though? Is everything really fine? In this episode of the Friday Gold Wrap, I dig deeper into the data and reveal a less sanguine reality. I also explain the inner workings of the spot price for gold, how it’s determined, and the factors that influence it.

Topics Discussed

• “Strong” economic data isn’t so strong
• Fed paper admits rate hikes could “hammer” economy
• Things happen slowly and then all of a sudden
• What is the spot price and how is it determined
• Factors influencing the spot price
• Market manipulation?

 Video Length: 00:33:44

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