Tag Archives: gold

White House already Talking about Another “Infrastructure” Bill

The talk of generation X is when the next stimulus payment is coming so they can deposit in their free trading stock account app. Baby Boomers are wondering what stocks they can speculate with to retire rich. Seasoned investors are wondering what happened to good sound money principles. Less than a month after a $1.9 […]

Demand for Physical Gold and Silver Remains at Record Highs in 2021

Many of us today are absorbed with what the market is doing today. Computer monitors and screens across the world display price tickers. Trading is rampant and speculation frenzied. The desire to get the next hot tech stock or the promising biotech is obvious. The internet chat rooms are looking for the next heavily shorted […]

Jerome Powell Talked to Senate Banking Committee on Tuesday

On February 23, Jerome H. Powell, the Federal Reserve chair, testified to lawmakers on the economic rebound from the pandemic recession and the threat of future inflation. Equity markets continue to trade wildly as GameStop and Tesla continue to attract speculators as the Fed is seen as a savior no matter what. We all know […]

Questions You Should Be Asking Your Gold Specialist

As the Fed prints money, the US government buys equities and the stock market seems to be catching a new rally. As this is happening, the prices of gold futures have been flat or down despite record demand for physical precious metals. Your hedge fund managers might not be touting gold as they only worry […]

Demand for Physical Silver Surges

Silver is an essential component in many industries. Next to petroleum, silver is the most used commodity for industrial purposes. Its unique properties make it nearly impossible to substitute and its uses span a wide range of applications. Silver was a recent recipient of internet hype. This is exciting for the trader, but for wealth […]

World Gold Council Releases 2021 Outlook

This week the World Gold Council published its Gold Outlook 2021. The World Gold Council is the leading authority and market development organization for the gold industry. The World Gold Council is an association whose members comprise the world’s leading gold mining companies. In this week’s article, we take a look at some of the […]

What Does the Democratic Blue Wave Mean for Gold?

In a surprising event on Wednesday, the Democrats managed to turn both Georgia Senate seats blue giving them a slim majority in both houses of government. Given the Democrats’ control of the Congress, the Senate, and White House, markets finally got the so-called blue wave scenario, however narrow. Democrats controlled the Presidency and both chambers […]

World Reserve Currencies Since 1450

The US supplied the Allies in WWII and got paid in gold. After the war, countries linked their currencies to the US dollar, which was linked to gold. The Gold Standard ended completely in 1971, but the US dollar’s reserve status remained. Today more than 61% of all foreign bank reserves are denominated in US […]

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