Synek, Richard - In: European financial and accounting journal : EFAJ 19 (2024) 1, pp. 1-19
In this article I have analysed the long-term relationship between US M2 money supply and the price of gold per troy … to US M2 money supply. M2 was used in two variants, seasonally adjusted and not seasonally adjusted. No relevant … observations indicates very weak correlation between the change of M2 and the subsequent change of the gold price, so semiannual …