The reason all nations have abandoned a gold standard is because they do not want to be limited in their desire to create limitless amounts of fiat money. With the help of central banks and politicians..
The leading gold holders are some of the world’s most powerful nations, such as the US, Germany, Italy and France; they are keeping 60% of their foreign reserves as gold. This is a testament to the significance of gold in the central banking system.
In 2008 the derivatives implosion was diverted - the risk is now immensely higher, resulting with continued monetary expansion - a plus for the PMs sector.
If insiders remain on the sidelines, that could portend more trouble ahead for the stock market, strategists say. Since stock buybacks were the main driver...
Whether gold gains popularity among ordinary investors this year as a safe haven remains to be seen. The public, unfortunately, may not become interested in a big way until..
The key to this year’s economy is in Jerome Powell’s hands. That’s certainly not ideal, but it is reality. I would much rather market forces be the key..
The late 2022 rally that drove gold and silver back into the green on the year is very likely the result of a "market" that did finally learn to see through The Fed's blather and..
There will be corrections along the way, and Gold will have to chew through significant resistance from $1870 to $1950. But aside from that, there is nothing that will stop it.
