We are so far only in a technical recession, but the true recession is coming, or it has already begun. It should be positive for gold prices. Q2 2022 hedge fund letters, conferences and more Recession Or Transition?Who is right? Well, in a sense, both sides are right – and both are wrong. Why? Two consecutive quarters of negative economic growth constitute only the so-called technical recession. Which is the popular definition of recession used widely by the financial press and those analysts who don’t want to wait several months for the final verdict of the National Bureau of Economic Resear…