China and Gold: An Update
Mike Robertson, host of Straight Talk Money radio, welcomes Frank Holmes to the program to pick his brain on two market themes dominating headlines recently: China and gold.
Mike Robertson, host of Straight Talk Money radio, welcomes Frank Holmes to the program to pick his brain on two market themes dominating headlines recently: China and gold. Frank offers his insight into what’s been driving the gold price so far this year, and what the month of September could have in store for the yellow metal. He says historically September is a good month for gold. Frank also discusses China, commenting on his recent blog post that details the decline in the country’s manufacturing sector.
What could this all mean for investors? Find out by listening to the replay below.
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The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
The Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
M2 Money Supply is a broad measure of money supply that includes M1 in addition to all time-related deposits, savings deposits, and non-institutional money-market funds.
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