Analysts say silver appears well-placed to outshine the yellow metal in the second half of the year. Precious metal prices have pushed higher in recent weeks amid growing expectations of U.S. interest rate cuts. Earlier in the year, the Silver Institute said in a report that global silver demand was expected to reach 1.2 billion […]
The Ron Paul Institute for Peace and Prosperity breaks down the profound damage caused by central bank money printing: it pits savers against speculators, encouraging consumers to use debt to fund basic needs since their savings are constantly evaporating due to monetary debasement. The Fed’s “dollar destruction,” as Paul calls it, is something that Americans
Ron Paul: Fed’s “Dollar Destruction” And Moral Crisis Read More »
The Government is Stacking $1 Trillion of Debt Every 100 Days What is Really Going On? U.S. Dollar Down 40% Since 2000 – Gold Up 700% The current Administration’s Neck-Breaking Spending Spree has no end in sight! The U.S. national debt has ominously soared and is shattering records with each passing quarter. Since Spring 2023,
In an era where the global economy navigates through turbulence and uncertainty, gold’s allure seems to shine brighter than ever. Joe Cavatoni, Senior Market Strategist at the World Gold Council. “Gold as a pure investment is actually starting to get more interest and more momentum onshore… we had a 28% increase in annual demand, which
Central Banks’ Strategic Shift Towards Gold in an Uncertain Economy – Joe Cavatoni Read More »
The historical gold price chart reminds us of the importance of gold as a long-term investment, for individuals as well as central banks. There are plenty of reasons to own physical gold, is what the 100-year gold price suggests. In this article, we look at the gold price chart over +100 years and derive relevant
100-Year Gold Price Chart – Historical Chart Read More »
In the last two years central bank gold purchases as its share in global demand has tripled, representing between 25% and 30% noted by Commodity analysts at ANZ. “[Emerging market] central banks could purchase over 600 tonnes of gold annually until 2030, to take its share in their foreign reserves to 10%. China will likely
Central Banks Are Turning To Gold As They Lose Faith In Bonds – ANZ Read More »
Gold prices saw a 15% gain, despite challenging headwinds as the Federal Reserve maintained its aggressive monetary policies, supporting the higher bond yields and the U.S. dollar. The World Gold Council published its 2023 fourth quarter and full-year gold demand trends report, saying that annual gold demand, excluding over-the-counter markets, totaled 4,448 tonnes, a 5%
Central banks and OTC markets drive record gold demand in 2023 – WGC Read More »
The BRICS expansion is a major catalyst for the ultimate demise of the U.S. dollar, with the additional five new members accelerating the de-dollarization process as they increase trade in local currencies and buy and sell oil not using the dollar, thereby further destabilizing the petrodollar, warned Andy Schectman. On top of the shifting mindset
Simply put, the corrections in Gold and Silver are coming to a close. The peak in the 10-year and the DXY will signal the beginning of the rally to new record highs in Gold. My target for Silver is 28-30. Then the 10-Year will fall below its low of 3.78% while the DXY breaks 100 and
From Dystopia to Utopia in Gold & Silver Read More »
In their recently published 2024 outlook, analysts at AuAg Funds said they expect to see a 20% rally in gold prices this year, pushing the market past $2,400 an ounce. “We believe that central banks will shift away from rate hikes and adopt a more accommodative policy stance in 2024, which will catalyze a substantial
