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
When you envision retirement, do you think of site seeing the U.S., traveling across Europe, or spending more time with grandchildren, friends, and family? While past generations were able to enjoy these retirement pastimes as early as age 55, the reality now is that many Americans may never gain the opportunity to fully retire. Data
Gold Can Protect & Grow Your Financial Future ~ Secure Your Retirement Goals! Read More »
Gold finished the final trading day of 2023 trading at $2,063.45, posting a 13.5% gain for 2023. Many analysts are predicting hundreds more in gains in 2024. (Kitco News) – If you told investors in September of last year that by the end of 2023, the gold price would be closing higher than the year,
Gold Closes out 2023 Above $2063, Technicals Point to Price Gains in January Read More »
The technical analysis for this gold market is obviously very bullish. The Federal Reserve’s suggestion that it is going to cut interest rates during the year will continue to put upward pressure on the gold market. The bond market will continue to see lower yields for 2024, and therefore it does make more sense to hold gold.
Gold Outlook for 2024 Read More »
Cavatoni said that central bank gold demand has completely transformed the marketplace as nations continue to diversify away from the U.S. dollar. The Federal Reserve aggressively raised interest rates at its fastest pace in more than 40 years this past year, the gold market still managed to trade around $2,000 and even carved out a
Gold Is Poised for New All-Time Highs in 2024 – World Gold Council Read More »
“Precious metals will always be in demand,” said Hegarty. “You can never ever, ever have enough gold. Gold will always be in demand because it’s both a commodity and a currency. Hegarty noted that it’s both a hedge against inflation and geopolitical uncertainty. Peace, happiness, and kindness haven’t broken out completely around the world at this
‘You Can Never Ever, Ever Have Enough Gold’ – EMR Capital’s Owen Hegarty Read More »
Summer will be gold’s time to shine, according to metals strategists at Bank of America. Metals and Mining Outlook for 2024, the BofA analysts said that while the war in the Middle East has boosted gold in the near term, “the yellow metal ultimately remains a trade on rates, so once the Fed announces a decisive
Hundreds of years of history show that global power shifts disrupt the monetary order on average every 75-100 years. Looking at just the last 100 years, the U.S. has experienced several major shifts in the Monetary Order. In 1933 President Roosevelt initiated a recall of gold from the public. In 1934 he devalued the U.S.
‘De-dollarization’ – Understand the Changing Global Monetary Order Read More »
