The value of central bank gold reserves just surpassed the value of foreign U.S. Treasury holdings. When the biggest players in the world swap bonds for bullion, it’s worth paying attention.
We’ll explore the silver price history from 1925 to today and zoom in on recent decades (30-year and 10-year price trends).
Gold and oil are the two most important commodities in the world. Tracking the gold/oil ratio is like watching the tug-of-war between Wall Street and Main Street.
We’ll explore the gold price history from 1925 to today and zoom in on recent decades (30-year and 10-year price trends).
Discussions of a new “BRICS currency” are gaining widespread attention. This article explores why an increasing number of foreign nations are attempting to “de-dollarize,” and why gold has emerged as a viable alternative to the USD as the global reserve currency.
Gold and interest rates have an inverse relationship. When interest rates fall, the price of gold tends to rise, and vice versa.
The “gold spot price” refers to the price an investor will pay for the immediate delivery of one ounce of gold. But who decides it?
The price of gold rises when some event encourages marginal buyers to buy, or discourages marginal sellers from selling. This article discusses the top 10 factors that drive gold prices.
Gold is hovering around $2,320/ounce, down from its all-time high of $2,450 on May 20th. Silver has taken a bigger hit; down 11% from its May peak.
Silver skyrocketed this month as the market realized the world will demand much more industrial metal than miners can provide. And yet, silver remains far below its 2011 high.
Typically, rising yields are bad for gold. Not this year. Rising yields represent an increasing risk of a public debt crisis, for which gold may be the only remedy.
When the Fed cuts interest rates this summer, gold and silver stand to absorb billions of dollars as investors redeploy their mountain of cash.
The gold/silver ratio = price of gold divided by the price of silver. Here is how to use the ratio to spot opportunities in the precious metals market.
Gold has risen 6% in less than a week, achieving an all-time high.
Low credit spreads and surges in “extreme greed” often reflect a fervor which disregards proper risk assessment.
Prior to 1971, the US dollar was backed by gold. Today, the dollar is backed by 2 things: the government’s ability to generate revenues (via debt or taxes), and its authority to compel economic participants to transact in dollars.