Gold price under pressure and Modern Monetary Theory
Petri Redelinghuys of Herenya Capital talks markets with the US and gold both suffering a red week and strategist Mohammed Nalla on understanding Modern Monetary Theory.
Might chop gold in my portfolio from 4% to 3% and add 1% to crypto.
The narrowing of differential between US and SA inflation is a huge concern. My personal inflation basket and what Stats SA measure has no correlation and there is no narrowing. Means to me that the ZAR should be weaker.
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Interesting.
Might chop gold in my portfolio from 4% to 3% and add 1% to crypto.
The narrowing of differential between US and SA inflation is a huge concern. My personal inflation basket and what Stats SA measure has no correlation and there is no narrowing. Means to me that the ZAR should be weaker.
Have to take a bit more risk.
Vote 3
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