The Federal Reserve’s Confidence Game!
With the forthcoming December FOMC meeting looming, it looks like its crunch time for investors in the gold space. Opinion is clearly divided, not just in terms of whether rates will rise for the first time in nine years, but also on the potential impact this is likely to have on the gold price and the fate of the US Dollar.
In this exclusive MiningMaven Expert Interview, Gervaise Heddle, author of ‘The Money Enigma’, discusses his latest article, Confidence Game Creates a Dilemma for the Fed which explores how the Federal Reserve now faces a serious and potentially existential challenge as to whether it should leave interest rates on hold does start the process of raising rates.
Gervaise’s take is that they are damned if they do and damned if they don’t. Either way, as investors in the gold space, we will be following events closely as they unfold. We hope you enjoy listing.
About Gervaise Heddle
Gervaise Heddle is the author of The Money Enigma and is the founder of Bletchley Economics.
Gervaise has nearly twenty years experience in senior management positions across the global investment management industry. Gervaise was a Managing Director at Macquarie Funds Group where he was responsible for seeding and developing hedge funds and new asset management strategies. Prior to this, Gervaise was a Fund Manager and Director at Merrill Lynch Investment Managers in the Princeton and London offices. Gervaise began his career as a global equities analyst for Bankers Trust Australia.
Gervaise is an Advisory Partner at Park Avenue Value Partners, a long/short equity hedge fund based in New York. The Managing Partner of Park Avenue Value Partners, Kristofer Segerberg, spent nine years managing and co-managing global long/short equity portfolios at Soros Funds Management.
Gervaise graduated with First Class Honors in Economics from the University of Adelaide, Australia, and is a CFA charterholder.