# Moore on Gold and Commodities | The Belfer Center for Science and International Affairs

> A Belfer Center commentary discusses a proposal by Stephen Moore to base monetary policy on a commodity basket or gold. It argues commodity prices respond to real interest rates and that a commodity target would suit only commodity-exporting countries.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/58997-moore-on-gold-and-commodities-the-belfer-center-for-science-and-international
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The piece is policy commentary with no direct supply or demand change for feed commodities, so its price impact is negligible.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-07-29 | [Board of Governors of the Federal Reserve System : Documents Relating to the COVID-19 Pandemic, Federal Reserve Board Announces the Extensions of Its Temporary U.S. Dollar Liquidity Swap Lines and the Temporary Repurchase Agreement Facility for Foreign and International Monetary Authorities (FIMA Repo Facility) through March 31, 2021, July 29, 2020 \| FRASER \| St. Louis Fed](https://feedsoft.ai/events/52301-board-of-governors-of-the-federal-reserve-system-documents-relating-to-the.md) | +0.4% | -0.4% |
| DXY | 2017-10-28 | [Oil surges through $60 a barrel level \| The National](https://feedsoft.ai/events/68381-oil-surges-through-60-a-barrel-level-the-national.md) | -0.2% | -1.6% |
| DXY | 2022-06-24 | [Central bank sold roughly $7 billion to stabilise forex market](https://feedsoft.ai/events/41261-central-bank-sold-roughly-7-billion-to-stabilise-forex-market.md) | +0.2% | +1.4% |
| DXY | 2017-08-31 | [Import duties for maize, sorghum and rye updated \| AGENCE EUROPE](https://feedsoft.ai/events/69511-import-duties-for-maize-sorghum-and-rye-updated-agence-europe.md) | -1.4% | +0.8% |
| DXY | 2017-10-10 | [E.U. lowers maize, sorghum and rye import duties \| World-grain.com \| October 10, 2017 13:51 \| World Grain](https://feedsoft.ai/events/68532-e-u-lowers-maize-sorghum-and-rye-import-duties-world-grain-com-october-10-2017.md) | -0.2% | +0.8% |

## Sources

- belfercenter.org: https://www.belfercenter.org/publication/moore-gold-and-commodities

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.