Monday, April 13, 2015

The most important gold news story of the year

The single most important thing that affects gold demand in the world is:

The Indian monsoon.

Indian Express - cloud over monsoon season: longer el Nino is forecast. Though if you ask the Cookie Monster, who studied some climatology in university, he'll point out that the science seems to suggest the location of the temperature anomaly is more important than whether it simply happens somewhere.

But anyway, it's something to keep in mind.

The first official monsoon forecast comes sometime around April 25th, so mark it on your calendar.

No comments:

Post a Comment