Mississippi has become the 43rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion.
Rumors are making rounds that Saudi Arabia is selling oil for yuan, which it converts into gold on the SGEI. Such a development would make sense as large parts of the world want to de-dollarize..
Central banks will continue buying the precious metal as part of their diversification strategy, while investors will like its hedging appeal in an environment where..
The reserve currency status of the Greenback is in jeopardy. Is hyperinflation in the cards, reminiscent of the Argentine Peso? All currencies inevitably return to gold-backing.
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$400 trillion in paper assets could seek shelter in the comparatively tiny $8 trillion precious metals sector. Energy crisis 2.0. 65 gallons of crude oil required to produce one ounce of gold!
Does one investment bank control over 50% of the paper gold and silver market? The real price of gold is expected to climb in the coming years. Improving EPS could make gold shares the investment du jour.
Most people mistake rising prices for inflation. Inflation occurs when a Central Bank creates money at a rate in excess of the rate of wealth creation..