Takashi Kaguki (Kamimation?) "Weekly Gold Market Outlook" December 12, 2022 issue

Kaburi-ki Takao, the president and CEO of Kabushiki Kaisha Investment Daily Company and a master of cycle analysis, writes a weekly report on gold price outlook.

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This week focuses on the year-end's biggest events: the November US Consumer Price Index (CPI) released on the 13th, and the FOMC meetings held on the 13th and 14th. In recent times, CPI has had a significant impact not only on interest rates but also on exchange rates, stocks, and commodity markets. Investors are unlikely to take aggressive action this week.

Note: Last time, October CPI (released November 10) showed year-over-year growth of 7.7%, slowing from 8.2% in September and below market expectations (8.0%). This led the market to recall the peak of inflation and expect the Fed to slow the pace of rate hikes, triggering dollar selling, bond buying (lowering yields), and continued rise in the gold price, nearly reaching $80. However…

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【Takami Kaburi Profile】

Graduated from Kwansei Gakuin University, Faculty of Economics. In 1995, partnered with the world-renowned American market analyst Raymond Meriman and published Japan's first market cycle and astrology reports. Renowned for cycle and astrology-based market analysis. CEO of Investment Daily Press Co., Ltd., CEO of Investment Daily Publishing Co., Ltd., Director of Wakabayashi FX Associates, Member of the Japan Technical Analysts Association, Editor-in-Chief of Investment Daily Alpha.

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