Wednesday, January 25, 2023

Chart of the Day: Gold Prices in ASEAN Local Currency Rarin' for a Breakout!

 Despite falling USD-ASEAN currencies (PHP, MYR, THB, IDR, VND & SGD), gold prices in 5 of the region’s largest members (in local currency units) seem rarin’ for an upside breakthrough. (Philippines, Malaysia, Thailand, Indonesia, Vietnam, and Singapore)


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Liquidity Without Output II: The Philippine Banking System Under Late-Cycle Containment

    If you depreciate the money, it makes everything look like it’s going up – Ray Dalio   In this issue:  Liquidity Without Output II: The ...