If you haven’t noticed, silver’s on the move. The price reached a new 52-week high yesterday. And the gold/silver ratio—an indicator many analysts, including me, track to determine if one or the other metal is lagging its historical performance—has fallen 8% over the past eight trading days.
The Precious Metals Week in Review – July 26th, 2019
The U.S. appears set to kick the proverbial can down the road once more as the House passed a two-year deal to increase the debt ceiling yet again, sending it to the Senate for a vote.
Owning Gold vs. Silver – Ask The Expert
Written by Mark Yaxley, General Manager, Strategic Wealth Preservation. In this article, precious metals expert Mark Yaxley, General Manager for Strategic Wealth Preservation in the Cayman Islands, addresses a common question asked by investors who are thinking of buying precious metals; “Should I buy gold or silver? Which is better to own?” It’s a question…
Starving Billionaire
Here we have an image from 2008. It records a Zimbabwean, making a visual comment on the fact that, in a matter of months, his country experienced government–driven hyperinflation that left him broke.
How to Stop Falling Dominos
I loved watching dominos fall as a kid. Setting up different arrangements was fun, but watching them fall was, of course, the most entertaining part.
The Precious Metals Week in Review – July 19th, 2019
1. The battle over the U.S. debt ceiling has once again become a Congressional showdown, as was widely expected. The U.S.-China trade war also continues to remain largely unresolved and these two items alone are likely to trigger a significant increase in market volatility in the coming weeks. 2. The seasonally adjusted number of Americans…
Promise the Moon
In the 2018 US general election, a spate of liberal candidates appeared, seemingly out of nowhere, each making dramatic promises for a more collectivist US.
The Precious Metals Week in Review – July 12th, 2019
Trade and speculation about the moves of the Federal Reserve moved back to the forefront of factors affecting market volatility this week. Continued escalation of tensions in the Middle East region also remains a factor.
Gold Q2 Highlights: Breakout!
This brief report will highlight what’s taken place with precious metals this past quarter and year-to-date, along with how they compared to other assets. We’ll also briefly look at what potential catalysts lie ahead.
Why Irrational Socialist Schemes Must be Implemented
Traditionally, the Democratic Party in the US has placed its primary focus on the protection of the middle class. But, in recent years, it has taken a sharp turn toward racial identity politics, gender issues and redistribution of wealth along socialist lines.