1. Silicon Valley Bank’s collapse reverberates in global markets. Trading has been halted in First Republic Bank Monday morning after shares dropped by a record 67 percent before the market opened. This is after Joe Biden claimed, “US banking is safe”. The San-Francisco-based bank, whose clientele includes Mark Zuckerberg saw its share price plunge from…
1. A “perfect storm” is brewing, and markets this year are going to get hit with a recession, a debt crisis, and out-of-control inflation, the economist Nouriel Roubini said. Roubini, one of the first economists to call the 2008 recession, has been warning for months of a stagflationary debt crisis, which would combine the worst…
Investors continue to stick to their plans to add physical precious metals to their portfolios whenever temporary price dips present themselves at a discount.
1. This week saw the Federal Reserve raise interest rates yet again and a flood of information out of Europe that served to further increase recession fears. Stock markets tumbled again on Friday, with the Dow Jones Industrial Average closing at fresh lows for 2022 as global currencies mostly slid lower against the US dollar.…
Many investors continue to take advantage of temporary price dips to add more physical precious metals to their portfolio at a relative discount.
Many investors continue to choose to hold physical precious metals in their portfolios as part of their diversification strategies.
That suggests investors make sure they own a meaningful amount of physical gold now.
As businesses prepare to face a possible dwindle in consumption, many investors continue purchasing physical precious metals to shield their portfolios from inflation.
As businesses prepare for the eventuality of new restrictions and shutdowns, many investors continue purchasing physical precious metals to shield their portfolios from inflation.
According to preliminary data released by Statistics Canada on Friday, the economy could have grown in the second quarter of the year after declining 0.5% in April and 0.3% in May
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