Posted 29. octoober 2017
While bitcoin would appear to be a libertarian’s monetary dream at first glance, the reality is that many of the longtime gold bugs have yet to go all the way down the cryptocurrency rabbit hole. For those most part, these gold bugs do not believe in the long-term viability of bitcoin due to its lack of “intrinsic value.”
Posted 24. may 2017
Many new investors don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet.
Posted 20. february 2017
A landlocked nation perched between China and Kazakhstan is embarking on an experiment with little parallel worldwide: shifting savings from cattle to gold.
Posted 12. december 2016
Historically, inflation originated when a country’s ruler such as king would force his citizens to give him all their gold coins under the pretext that a new gold coin was going to replace the old one. In the process the king would falsify the content of the gold coins by mixing it with some other metal and return diluted gold coins to the citizens.
Posted 07. december 2016
These different viewpoints depend on how one views gold. Those looking for a return on their money in currency terms perceive gold as an investment which they can sell at a currency price higher than what they bought it for.
Posted 30. november 2016
The southern African Republic of Zimbabwe knows all about currency crisis. In 2009, the country was forced to stop printing its own currency because inflation levels had grown to astronomical proportions. At its highest levels during 2008 and 2009, Zimbabwe’s inflation rate was estimated to have reached 79.6 billion percent.
Posted 23. november 2016
Next to Donald Trump’s economic policies, one of the most spirited economic debates at the moment involves which direction the dollar will move in the coming months. While Goldman Sachs is predicting the dollar and euro will reach a value equivalency by Q4 of 2017, other analysts see the greenback trending downward next year.
Posted 10. octoober 2016
During the final days of 2014 Canada's minister of the environment gave the green light to Seabridge Gold's KSM project in northern British Columbia, the world's largest undeveloped gold-copper project by reserves.
Posted 06. september 2016
Bond-fund manager Bill Gross is turning away from bonds as yield hit record lows and focusing on gold and real estate. Bloomberg's Alix Steel, Jonathan Ferro, and David Westin have the details on "Bloomberg ‹GO›."
Posted 30. august 2016
Gold may be worth more than what traders have decided is the spot price.
There's a correlation between gold price changes and the rate at which central banks bought assets to expand their balance sheets, according to Deutsche Bank's Michael Hsueh and Grant Sporre.