Gold has recently surged past the $2,500 mark, breaking records and signaling significant economic shifts. This milestone reflects increasing economic uncertainty, persistent inflation, and global geopolitical tensions. The weakening of…
Gold has recently surged past the $2,500 mark, breaking records and signaling significant economic shifts. This milestone reflects increasing economic uncertainty, persistent inflation, and global geopolitical tensions. The weakening of…
Why Central Banks are Increasing Gold Reserves and Why You Should Too Gold has always been a symbol of wealth, security, and stability. Its allure transcends cultures and centuries, making…
Has the Political Race Changed? As we approach Election 2024, the landscape seems as tumultuous as ever. With one incumbent president stepping aside and a former president still in the…
The End of the Bank Bailout: Cause for Concern? On January 24, 2024, the Fed announced that the Bank Term Funding Program (BTFP) will cease to make new loans to…
The year is beginning with a lot of anxiety about a potential recession, stock market crash, and more bank failures. But, let’s hand it to Wall Street. The S&P 500…
2024 Silver Price Forecast NASDAQ believes that the price of silver could go as high as $26.20, and if it does get to that level, it believes it could rise…
According to gold pricing experts, industry leaders, financial analysts, and big banks, there are several factors affecting the forecast of gold prices in 2024. These include: US/Global recession The Fed…
Low interest rates are good for our economy. They spur economic growth, encouraging businesses and consumers to make big purchases, i.e., houses, cars, business R&D/expansion, etc. Less is paid in…
As investors and analysts scramble to fully understand the reasons behind this sudden market downturn, many are re-evaluating their portfolio strategies.
Traditionally, buying gold has not been an investment strategy advocated by banks, lenders, or financial advisors. Yet, this past year Central Banks purchased gold in record numbers… during a time of financial crisis, widespread layoffs, and an impending recession. This blog aims to explore the reason why central banks would move their capital to the tangible asset of gold, highlighting gold’s resilience in volatile markets, its retained value (against the dollar’s decreasing purchasing power), and ultimately, its position as a sound, safe, and worthwhile investment [here’s what the banks don’t want you to know…]