1. There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers. To them, the notion seems ludicrous. Notwithstanding the selloff over the past few weeks, markets have rallied in start-and-stop…
Investors are seeking out buying opportunities from temporary price dips to add more physical precious metals into their portfolios.
1. On Monday in Indonesia, Presidents Joe Biden and Xi Jinping shook hands to kick off the first in-person meeting between leaders from the U.S. and China since the coronavirus pandemic rocked the world. Biden said both countries have a responsibility to “prevent competition from becoming anything ever near a conflict,” and Xi said the…
The need for a safe haven asset is clear. The toxic mix of economic, market, and financial risks leaves investors with few places to turn.
With unresolved issues encompassing much of the globe, it would not be surprising to see the gold price achieve new record highs this year.
Many investors still view physical precious metals as a hedge against inflation, geopolitical, and economic uncertainty.
As volatility in other areas continues to escalate and prices continue to climb in other products and commodities, many investors are looking at physical precious metals with renewed interest and have continued to acquire the product.
As businesses reopen and the demand for goods and services regains momentum, many investors continue purchasing physical precious metals to shield their portfolios from inflation.
The Precious Metals Week in Review – January 19, 2018
The Precious Metals Week in Review – January 12, 2018
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