Inflation Risk: Awareness is Growing

PUBLISHED BY PHILIPPE HERLIN | SEP 16, 2020 | ARTICLES1325  The Fondapol think tank has just published a report with the provocative title, “Whoever Pays his Debts Gets Richer”. We must dare to use this age-old formula at a time when debt is exploding like never before throughout the world, and especially at a time of zero – or […]

Palladium Comes Back

Palladium prices increased on Monday, settling within the $2,200 cost range, as the US dollar continued to drop for the fourth straight day. It looks like palladium comes back. Palladium attracted assistance just recently by capitalists’ hopes about encouraging coronavirus injections, which will most certainly stop any more lockdowns and also support the recuperation of […]

Famous Crypto Owners

As Bitcoin and altcoins in general turning into a booming industry, it comes as no surprise when many celebrities and billionaires, with disposable income have chosen cryptocurrencies to invest. Successful businessman, famous actors, politicians, and even musicians are proud crypto owners. Bill Gates Bill Gates is no stranger to all of us. He is an […]

What is IRA Approved Gold?

When it comes to investing in IRA coins or bullion, not all coins or bullion are approved. That’s because the IRS has placed strict purity rules and requirements and rightly so. Therefore, all coins and bullion approved, are those who meet the strict IRA rules. The IRA approved gold, should have a purity grade of […]

Gold in Short Supply-What’s Next?

Metal producers are reducing gold production due to government restrictions in response to covid-19 concerns. Coronavirus also caused all European precious metal refineries to shut down and disrupted transportation. 1/3 of NYSE listed gold mines have withdrawn 2020 production guidance. The South African government imposed a 3-week shutdown of the country, which means temporary mine […]

The Coronavirus Triggers the Long Overdue Global Recession

Last week, the stock market suffered its largest weekly loss, since the 2008 financial crisis amid worries that one of the largest economic expansions in history may be coming to an end. Many analysts blame the coronavirus for the market downturn. In particular, the Dow Jones suffered the largest fall in history in a week, […]

Gold Breaks Over the 1600 Mark

Over the last few days, we ‘ve all witnessed gold breaking over the $1600 mark as stocks suffer significant losses. There is a lot of nervousness in the market and people are putting gold and silver into their portfolios. In the meantime, the US dollar is actually strengthening against both the Euro and the Japanese […]

No Reason to Sell Gold

There is no reason to sell gold, as the outlook for gold prices remains positive. All indicators are bullish to gold. There is no end to the trade war between China and the United States. The bond yields will continue to fall. Brexit uncertainty still rising as the Tories lose parliament support. The economic outlook […]

Second Round of Quantitative Easing in Europe Will Add Extra Steam to Gold’s Rally

The European Central Bank is ready to start a new round of quantitative easing, in order to get the European economy back on its feet again. The ECB president Mario Draghi made it crystal clear that, all measures available to the ECB will be taken to stop the European economic slowdown. The export driven European […]

Dynamics of Gold Over 50 Years-From $35 to $1200 per troy ounce

Money periodically lost its value and became cheaper hundreds and thousands of times. This happened in many countries, across different continents. I have compiled the most revealing examples of devaluation of national currencies over five decades. 1967-1968. A crisis in Peru Peru’s state budget was seriously depleted during the second half of the 1960s. The […]