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. […]
Category Archives: Current Economic Situation
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 […]
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. […]
Asia’s Return to the Golden Era
The fact that the Asian economies are rising much more rapidly when compared to that of the western economies is something that should not be taken lightly or regarded as a phase that will pass. Countries such as China, India, Indonesia, Singapore and Japan are seemingly bound together on a tangent that are slowly making […]
China Demands on Gold and Other Metals Will Change Dynamically
After a tough year for the Chinese economy, politicians seems to have a clearer panorama for upcoming seasons. While this country remains as the biggest gold buyers in the world, indicators could be changing due to the influence of local industries. A recent announcement from the Chinese Ministry of Industry and Information Technology said that […]
Why has Gold Fallen from Grace?
Anyone who has been in touch with the investment market is in one way or another aware that the prices of precious metals is below expectations and off lately it dipped below the 1,200 USD mark after a good 6 % jump early on in the year leaving speculators bewildered on which way to go. […]
Golden Risks
Although gold investments can be regarded as one of the most tempting venues for investors to venture into with an aim to bump up their investment returns with a commodity that is largely considered safe, it is not exactly as solid and sure as most people think it is. As a matter of fact, gold […]
The Bullion Secret
Although there are banks that are honest about their gold bullion reserves, there are some who are not only secretive about their bullion reserves, but misreport it. It is a common fact that most central banks keep the actual amount of gold reserves a secret, some are even believed to not have any and the […]
Gold Industry Is Getting Stronger Despite Low Prices
With a bearish gold market, investors are losing their nerves. Many already bet against the precious metal. But, some can see further than the negative (are pretty naive) forecasts that are pretty common on the internet. The low prices are just an effect of the investors taking odd decisions. Surely you already hear or read […]
Is Gold Against Western Central Banks?
There is still obstinacy against the concept of the gold as one of the safest investments. Many economists and politicians are loath to accept the gold as the right way to composite the nation reserves and backup the currency. They just consider it as a nice way of saving that can be used by investors. […]