TALKING TECHNICALS: What about inflation?
Gold, bitcoin and silver may act as hedges if inflationary conditions were to develop
30 July 2020 - 12:00
We’re living in a world of monetary expansion. This is being lead by the US Federal Reserve, which is promising to continue juicing the markets with liquidity in an effort to stem the economic destruction wrought by the Covid-19 pandemic.
Much of that liquidity is finding its way into financial markets. This is most clearly evident in equity markets, where a V-shaped recovery has occurred off the March lows, despite the weak economic environment...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.