Government’s Financial Repression Toolkit
Precious Metals Commentary (week ending 6th of September 2019)
This week, gold tried to crack the $1,550 level but profit taking overnight on the back of easing trade tension saw the yellow metal dropping to $1,513 and silver to $18.50. A strong Australian dollar saw local gold prices holding just above $2,200 and silver retracing to $27.10.
In this market report, we look at:
- A run up in platinum
- What tools governments can use to create financial repression
- Whether the RBA will have to resort to unconventional measures
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here