Steve Hanke, teacher of applied economics at Johns Hopkins University, produced, in collaboration with his coworkers, a view index for gold.
The index works by using a computer formula scan media posts on the internet and screen "bullish" or "bearish" key words.
Bullish words consist of "inflation", and "quantitative easing" while gold bearish terms might consist of "strengthening dollar."
Hanke informed David Lin, support for Kitco News, that the belief index, which has usually been a leading sign for cost, goes to extremely bullish degrees today.
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