Latest Gold & Silver Price News
What Affects the Price of Gold
Gold has been known to be the most desirable metal on earth. Although it is the most precious metal, there are some issues that gold is facing like its demand and supply imbalance. Gold has been used as an investment and a useful product in electronics, but there are also some factors that affect the price of gold. One of the biggest factors that affect gold’s price is its amount of supply in the central banks around the world. In 2003 the stock of gold was about 33,000 metric tons, accounting for nearly 25% of all the gold mined in the world. In the same year, 3,200 metric tons of […]
When to Sell and When to Buy
Gold is always a sought-after asset. Not only does it diversify your investment portfolio, but it also helps you gain ground in creating your very own hedge against an economic crisis that might occur while owning the asset. For newcomers, gold has always been hard to understand. The market fluctuates in such a way that sometimes it can become unpredictable. And so many other factors affect it as well. Some of these could be the political standing of the country, the economy, the oil markets, the scarcity of gold itself, the demand for the product and so much more. But fret not. We have compiled a list of things you […]
Gold and Silver Facts
Gold and Silver have been useful to mankind since ancient civilization. Even today, we use gold and silver in our everyday lives. But most of the people nowadays don’t know the purpose and the importance of both metals. Let’s talk further about two of the most important metals ever discovered by mankind. Here are some amazing facts about Gold and Silver. Gold characteristics Color golden yellow Atomic Weight 9665 Normal State solid Melting Point 18 deg C, 1337.33 K Boiling Point […]
Gold and Economic Freedom
Gold has had a significant impact on the U.S economy. Since the beginning of World War I, gold has been the sole international standard of exchange. Golds impact on the economy waxes and wanes, depending on how safe other investments are. Gold has been considered a luxury good since it is durable, homogeneous, divisible, portable and has significant advantages over all other media of exchange. Before gold was used as a coin, its value was recognized even in the first Egyptian Dynasty. Its beauty, luster and malleability made it perfect for many uses. it has been used in the early times as a standard of exchange together with silver and […]
My Goodness, What Is Happening to Platinum?
By Clint Siegner, Money Metals Exchange You may have noticed the platinum price has fallen well below gold’s price and it continues to underperform the other precious metals. What is happening in the platinum market? We see a handful of factors driving the recent declines in platinum. For starters, it is facing the same challenges we find in the gold and silver markets. The dollar has been getting stronger, interest rates are rising, and traders on Wall Street have rarely been more carefree. Mainstream investors are positioning for economic strength, not looking for safety. Platinum is trading like the other precious metals, which is to say performing poorly. As of […]
Gerald Celente: Fed May Bring Down the Economy, Crash Markets
Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps most well-known Trends forecaster in the world, and it’s always great to have him on with us. Gerald, thanks for the time again today, and welcome back. Gerald Celente: Oh, thanks for having me on, Mike. Mike Gleason: Well Gerald, one of the hot topics in the markets today is the escalating trade tensions. Trump just announced another $200 billion in tariffs on China and he looks ready to more than double that if the Chinese should […]
Trump’s Backdoor Power Play to Rein In the Fed
“Just run the presses – print money.” That’s what President Donald Trump supposedly instructed his former chief economic adviser Gary Cohn to do in response to the budget deficit. The quote appears in Bob Woodward’s controversial book Fear: Trump in the White House. Trump disputes many of the anecdotes Woodward assembled. But regardless of whether the President used those exact words, they do reflect an “easy money” philosophy that he has expressed many times before. Trump Likes Low Rates, Loose Money President Trump has described himself as a “low interest rate person.” This past summer, Trump launched a very public attack on the Federal Reserve’s rate hiking campaign. He wants it […]
Axel Merk Exclusive: Can You Sleep at Night When the Market Goes Against You?
Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in Axel Merk, President and Chief Investment Officer of Merk Investments and author of the book Sustainable Wealth. Axel is a well-known market commentator and money manager and is a highly sought after guest at financial conferences and at news outlets throughout the world. It’s great to have him back on with us. Axel, it’s always a pleasure and thanks for joining us again. Axel Merk: Great to be with you. Mike Gleason: Well, before we get into other matters like Fed policy and the latest on trade wars and so forth, Axel, I […]
Are Silver and Gold ‘at the Flood’?
By David Smith, Money Metals Exchange There is a tide in the affairs of men… Thus, begins one of the most famous quotes ever uttered, taken from Shakespeare’s play, Julius Caesar. Brutus, talking to Cassius, says, “There is a tide in the affairs of men. Which taken at the flood, leads on to fortune…” A flood tide takes place at the very crest in the water’s height. Once the “tide turns,” there is no stopping its ebb until, much later, it reaches an extended, even a minus low. If you’re ashore in parts of Alaska, where a tide can run 20 feet, not embarking “at the flood” and waiting until […]
The Bullion Market
Bullion is any precious metal that is in the form of bars or ingots. It is usually used for trade in a market and comes from the original French word “bouillon” which means boiling. This was the term used to describe the activity of a melting metal. Each Bullion varies when it comes to its value depending on its precious metal content which is determined by its purity and mass. To find out the purity of each gold bullion, they use the century-old method known as fire assay along with modern spectroscopic instrumentation to accurately determine its quality to ensure the owner receives fair market value for it. It is […]
What is a Gold IRA?
A Gold IRA is a type of retirement account by which physical gold or other precious metals are held in custody for the benefit of the IRA account owner. It works like a regular IRA but instead of using paper assets, The IRA holds bullions and coins. So basically, Gold IRA is a type of investment vehicle used to save for retirement by buying or holding gold bullions and other approved precious metals. with your traditional or Roth IRA, you stash your savings in the form of stocks, bonds or mutual funds. In a Gold IRA, you use precious metals. You can also own many other precious metals aside from […]
5 Reasons to Buy Silver instead of Gold
Is silver really better than gold? Why should someone buy silver instead of buying gold? What potentials does silver have as an investment? All these questions will be answered right here. It is natural of an investor to be curious and want to discover if one type of asset is better than another. This is particularly true when it comes to silver and gold since both markets generally differ in size. Money in silver Silver isn’t part of our currency, yet it is still considered of value along with gold. One evidence is that this cannot be generated easily and thus depreciates like paper or digital forms. And by real […]
Growing job market in the U.S.
Before we dive in let’s first understand the basics. Now, what is the job market? Well in simple terms, the job market is the market in which employers search for employees and employees search for jobs. The job market is also directly related to unemployment. The higher the unemployment rate, the greater the supply of labor in the overall job market. When employers have a larger pool of applicants to choose from, they can be pickier or force down wages. As the unemployment rate drops employers are forced to compete more heavily for available workers, which has the effect of increasing wages. During the past months, we have seen a […]
