Central banks bought more gold last year than any year since records have been kept.
Gold in Q1: Hello, Banking Crisis
The shocking closure of two US banks, the Fed slowing interest rate hikes, and a weakening US dollar all roiled markets and led to a spike in gold demand.
Bad News Comes in Small Packages
So, the downsizing of a Gatorade bottle doesn’t mean that tomorrow we’ll be without food. This is a mere symptom of a greater problem.
The Precious Metals Week in Review – March 10th, 2023
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…
The Precious Metals Week in Review – January 20th, 2023
Many investors have included physical precious metals as part of their diversification plans, given their long history as a hedge against both inflation and during times of economic turmoil.
The Precious Metals Week in Review – January 6th, 2023
1. Happy New Year! And to start off this New Year we have the International Monetary Fund Managing Director Kristalina Georgieva warning that the global economy faces “a tough year, tougher than the year we leave behind. We expect one-third of the world economy to be in recession,” Georgieva said in an interview aired on…
The Precious Metals Week in Review – December 30th, 2022
Astute investors take added steps to help ensure that their portfolios are well-diversified in the event of a drastic downturn in the global economy.
The Precious Metals Week in Review – December 16th, 2022
Investors continue to stick to their plans to add physical precious metals to their portfolios whenever temporary price dips present themselves at a discount.
Gold in Q3: The US Dollar Attacks!
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.
The Precious Metals Week in Review – October 14th, 2022
As geopolitical, economic, and environmental uncertainties escalate, many investors watching these volatile moves continue to try to take steps to diversify their portfolios and seek out alternative investments.