Gold Outperformed Everything Except Stocks in the QE Era
Gold & Silver Daily
[During the QE Era,] despite the ultimate reflation, commodities have been very poor. One exception is Gold…
-Deutschebank
Good Morning:
Data: September Payrolls/Jobs
At 8:30am the BLS reports September BFP/Jobs report and unemployment; the headline NFP is expected to rise by 170k from August's 187k, with forecasts ranging between 90-256k. The Unemployment Rate is expected to uptick to 3.8% from 3.7% (GS preview attached)
**Find attached today’s Gold and Silver research excerpts from DB, BOA, IGWT, MUFG) as curated and presented for subscribers.**
In Gold We Trust: Oktoberfest Beer Ratio
Gold has thus protected the gold-affine beer lover very well against (Oktoberfest beer price) inflation in recent years, and therefore even in times of inflation the gold-affine beer lover in the euro area was not left high and dry.
Comment: Nice graphics as usual. Timely idea.
DB: Gold is Second Best in Asset Returns for all of QE Era
