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Gold Price Predictions by Incrementum
In 2020, a bold prediction regarding the price of gold was made. . . .
17 October 2024 · Thursday
Good evening, WeekendInvestor
Today’s Daily Byte
It’s a day that we were dreading for the last few sessions, particularly concerning the right shoulder of the Nifty head and shoulders pattern.
We will discuss that today, as well as a brand new asset class that SEBI has recommended. What is this all about? What kind of strategies will this entail, and what are the upsides and downsides of this new asset class?
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Gold price model working well
Over the past few years, gold has continued to be a topic of interest for many investors. One of the key sources providing insights into the future of gold prices is Incrementum, a respected authority on the subject. They have developed models that predict the price of gold over the coming years. Their projections have been fairly accurate over the last four or five years, making their predictions worth paying attention to.
In 2020, Incrementum made a bold prediction regarding the price of gold.. . . . .
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India Households are strong
An interesting analysis of household debt as a percentage of GDP shows how different countries have handled debt over the last ten years. When we look at the numbers from 2012 to 2022, the changes in household debt tell us a lot about economic trends and stability. This comparison reveals that while some countries have seen significant increases in debt, others, like India, have maintained a much more stable approach.
India stands out in this global comparison for its cautious approach to household debt. Over the past decade, India’s household debt as a percentage of GDP has barely increased. . . . . .
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