Gold has always been the treasure, both figuratively and literally, when it comes to investment. However, when the economy feels uncertain, it gets even more appealing to put your money into something that seems to withstand the test of time, like precious metals and gold futures. When demand is high, its price is high, too,
The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump’s trade tariff uncertainty warning the UK is likely to see an inflation spike An economic slowdown in the UK will add pressure on the Bank of England to cut rates (Image: (Image: Getty)) The Bank of England
Well, President Donald Trump has managed to do what is likely to be irreparable damage to the American economy. For decades the United States dollar has been the world’s reserve currency. It is the place investors around the world have put their money, especially during times when there are concerns about the global economy. U.S.
(Bloomberg) — Silver climbed to a one-week high as concerns about a global trade war fanned haven demand and the dollar weakened. Gold held a two-day advance. Most Read from Bloomberg Silver gained as much as 1.2%, rising for a third day. A guage of the dollar hit the lowest in about three months, as
Marc Faber, Author, The Gloom, Boom & Doom Report, says, everything is in a bubble. On Monday, they sold a t-shirt of the famous US baseball player Babe Ruth, for $24.1 million. It is grossly inflated. The most inflated are the FAANG stocks in the US, the so-called Magnificent Seven. The Magnificent Seven stocks have
In this presentation, Jeffrey Christian of CPM Group discusses the relationship between central banks and their gold reserves. He reviews the historical context of central banks’ gold accumulation, from the post-World War II era to the present day, and discusses the shifting roles of gold as a monetary asset. Jeff explains why gold, despite losing
Aug 22 (Reuters) – U.S. companies increased borrowing to finance equipment investments by 13% in July compared with the previous year, the Equipment Leasing and Finance Association said on Thursday. New loans, leases and lines of credit signed up by companies in July were up 11% from $10 billion a month earlier. “Our latest report
Gold prices are off their highs from earlier today and last week as investors factor in some new important ingredients into their trading decisions. Background Gold prices closed in positive territory last week, as the shining metal recorded some really solid gains and closed above the important level of 2,500. Now, traders are asking themselves
The global market is witnessing a rally today, marking a recovery after the carry trade that shook world stock markets last month. While this relief rally may persist in the short term, its momentum could be tested if there are no further strong triggers. The belief that the carry trade issue is behind us is
In this presentation, Jeffrey Christian of CPM Group reviews current gold and silver investment demand and some of the factors driving markets. The video begins with a global focus for gold investment, where strong demand is evident. Jeff details the significant role of institutional investors, high-net-worth individuals, and retail investors in fueling this demand, particularly