Since the days of Cleopatra, humankind’s desire to use gold in ever more bizarre ways seems to have grown stronger by the day, with food often the primary target of this creativity. Today, gold appears to have conquered cuisine, with everything from gold-covered ice cream, to gold tacos, Indian tandoori and even 24-carat-covered gold steaks.
From Ice Cream To Toilet Seats: The Most Bizarre Uses For Gold Read More »
A variety of factors, including worries about the US dollar, inflation, the stock market and trade sanctions have led people to consider alternative investments for their future. Precious metals have always been an alternative due to their negative correlation to other markets. This means that often when stocks or currencies are falling precious metals are rising. There are 4 precious metals to consider for investment and to secure retirement.
4 Precious Metals to Consider Read More »
Today we are going to look at an article by our friend Gary Tanashian over at “Notes from the Rabbit Hole”. He looks at the seasonal nature of gold, stocks vs gold, and a footnote on Silver.
Has the Gold Rally Begun? Read More »
Mali in Western Africa which produced 50.9Â Â tonnes of gold in 2016, up from 50.5 tonnes produced in 2015 (but below 2009 levels). Can current levels of production be sustained? Or are their best days behind them?
Since 1776, many things have changed dramatically in America. One of the most drastic series of changes has been in the way we conduct transactions using money. Believe it or not, the monetary system that is in place today would be almost completely unrecognizable to the founding fathers. Here are some cool facts about the history of our monetary system.
America & Money: Cool Facts About the History of Our Monetary System Read More »
Several factors determine the U.S. price of gold. Inflation, market uncertainty (i.e. worry), the value of the Dollar compared to other currencies (a falling dollar increases the gold price), supply and demand. Market supply can come from three sources: mining, scrap (people selling jewelry to raise cash), and Central banks selling reserves. Demand can come from industrial and commercial sources and investment demand (i.e. people hedging against uncertainty or expecting a rise in gold prices). Recently, overall market and political uncertainty in the world is rising while the Dollar is falling.
Gold Prices Inching Higher Read More »
We are now in a Trump takeover. Trump changes everything. The mantra in the past was “don’t fight the Fed.” Next year it’s going to become don’t fight Trump!”
Trump Changes Everything Read More »
After a precipitous drop in November 2015 gold bottomed near $1,000/oz in December. But then in January and February everything changed. Gold went from a “Barbarous Relic” to a store of value and gold once again staged a major rally of about 20%. Shooting it back into the public eye.
Gold is Back in the LimeLight Read More »
Traders who follow the price of gold and silver, should keep an eye out on the U.S. dollar index. Once the dollar starts to show signs of increased volatility (top) similar to 2000 – 2001 money will find its way into other currencies and precious metals as the new trade and safe haven.
Commodities Overtake Stocks and Bonds with Best Rally Since 2010! Read More »
During most of 2015, the U.S. price of gold plummeted… beginning the year around $1300 and finishing near $1050 for an almost 20% loss. As the economy and construction in China slows, other commodities have also been hit by the current bear market conditions. But so far in 2016 gold has improved slightly to around $1100. So where is gold headed now?
Where’s Gold Headed Today? Read More »
