In order to invest successfully in gold we need to understand the fundamentals that push gold to rally. There is always a trigger that brings change in the gold market. For now, the technical trigger for gold is the stock market. Gold buyers look at Fed Rate cuts tend to drive the bull market up. […]
Author Archives: Ultimate Gold Trust Contributor
Australia’s Mineral Exploration Spending Hits Record Highs
The gold industry and mineral exploration in general have been going through some ups and down. Just a few months ago, everyone was panicking about reaching peak gold and lamenting the fact that there haven’t been substantial exploration. We have come to the end of the year and in retrospect, the world of gold is […]
Why does it sound like Trump is trying to get you to buy more gold
America’s President, Donald Trump has not had nice things to say about the dollar. A strong dollar will interfere with his grand plan of making America great. Trump has been very vocal about the dollar and as an American president, what he says and does is highly influential on the dollar’s performance. Right off the […]
Can Gold Reach The $1,500 Mark In 2018?
It’s finally happening, mainstream economic players and investors in the world like Goldman Sachs have gone bullish on gold. They aren’t the only ones. More investors and money managers think that gold might break through and hit that magical $1,500 per ounce mark. As things stand, that mark is based on more than just hope […]
Can Bitcoin Replace Gold?
Anyone who has studied or follows economics has heard of John Maynard Keynes. There is a lot that he has said about gold and most of it is not good. He famously called it a “barbarous relic.” But for a while, this relic was the standard go-to assets to hedge against economic uncertainty. Regardless of […]
What Drove Gold Prices in 2017
Last year, the price of gold stood at $1,156 on the 31st of December. Today, the price is inching towards the $1,300 mark. Gold gained about13% in 2017, the best it has done since 2010. There were a couple of things that were in the way but despite those headwinds, gold has performed remarkably well. […]