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Gold Hits New All-Time Record High
On 8th of March, 2024, gold prices soared to a record high, driven by anticipation of monetary easing in the U.S. and ongoing geopolitical tensions. This surge attracted momentum-driven funds, potentially setting the stage for further increases in the value of this precious metal. The broader, robust fundamental factors supporting gold include: Strong physical demand
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Four States Consider Lifting Taxes On Precious Metals
- February 12, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Earlier last month, lawmakers in four states took significant steps toward reducing the tax burden on precious metals investments. In a move aimed at encouraging investments in gold, silver, platinum, palladium, and even copper bullion, legislative proposals in Kentucky and Wisconsin sought to remove state sales taxes. At the same time, Georgia and Kansas focused
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The Decline of US Dollar Dominance: Insights from a Wall Street Veteran
- February 1, 2024
- Posted by: Agbaje Feyisayo
- Category: News
In a recent news that has sent ripples through the financial world, Dick Bove, a seasoned Wall Street analyst with a 54-year tenure, declared the impending end of the US dollar’s era as the world’s dominant reserve currency. In an interview with The New York Times, Bove, who retired this month at 83, laid out
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Gold Hit $2,135.39/oz. All-Time High Last Month
- January 19, 2024
- Posted by: Erman Ebren
- Category: Buy Gold, Gold, News, Uncategorized
Great excitement surrounded gold’s upshot, closing out 2023. Reasons for the move are said to be many including; Israel-Hamas and Ukraine-Russia conflicts, major central bank purchasing, and the highest Fed funds rate level in 22 years. Ongoing economic and geopolitical uncertainty will continue to provide a positive driving force for gold prices while easing inflation
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Types Of Gold
- January 3, 2023
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, News
According to ancient mythology, man hunted for food, shelter, and gold. Most people don’t know this, but the earliest men were gold hunters. The value of gold was also identified far back in 860 BC. As such, the crazed longing for the precious metal has been traced back to early man. With the chemical formula
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Are You Part of Bill Gates’ “Greater Fool Theory?”
- June 23, 2022
- Posted by: Mehul Dedhia
- Category: News
At a conference last week, Bill Gates brought attention to NFTs (Non-Fungible Tokens), which are unique digital images that are privately owned although indefinitely reproducible. It’s a form of financial security consisting of digital data stored in a blockchain. Gates pointed out that cryptocurrencies are based 100% on a financial theory known as the Greater
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Sinking Stocks Provide Buoyancy for Gold!
- May 25, 2022
- Posted by: Mehul Dedhia
- Category: News
Putin’s War, inflation, and rising interest rates will undoubtedly increase demand for gold. Historically, there’s no question what happens when war, inflation, and rising interest rates grip an economy. These factors have caused the demise of some of the world’s greatest economies. It’s not always a rapid collapse, like the Great Depression, but economic downtrends
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More Than 500 Ships Waiting To Load at Shanghai Harbor!
- May 20, 2022
- Posted by: Mehul Dedhia
- Category: News
Coronavirus is back and wreaking economic havoc Resurgence of the coronavirus and its plentiful variants are not only continuing to take a toll on the world’s population, but ongoing lockdowns continue adding to the global economic slowdown. China’s strict coronavirus induced lockdown continues to prevent cargo from getting where it needs to be and the
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London and American Markets Have Suspended the Participation of Russian Refineries!
- March 8, 2022
- Posted by: Erman Ebren
- Category: News
It’s hard to imagine Vladimir Putin’s end game with regard to the Ukraine. Total capitulation and a governmental replacement with Russian management would certainly be his choice, but based on the Ukrainian response, that’s got no chance. What is known for sure is that London operates the largest bullion market on the planet, trading trillions
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Donald Trump Says Cryptocurrencies Are A Disaster Waiting To Happen!
- September 2, 2021
- Posted by: Erman Ebren
- Category: News
When asked about today’s crypto market, former US president Donald Trump told Fox Business’ Stuart Varney, “I like the currency of the United States…I think the others are potentially a disaster waiting to happen.” He went on to say that, “They [cryptocurrencies] may be fake. Who knows what they are?..They certainly are something that people
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