For those investors back in 1956, who bought one ounce of gold for 35 dollars, however, they could have sold that same ounce today for over $1700 – an increase of 4,757%.
The Next Empire
China, Russia, and the rest of the world, when faced with American threats and bluster, will not simply fold their tents and accept that the US must be obeyed.
The Precious Metals Week in Review – January 21st, 2022
Inflation, geopolitical uncertainty, and economic uncertainty have frequently driven prices for precious metals higher in the past.
The Precious Metals Week in Review – January 14th, 2022
In the current economic and geopolitical environment, savvy investors have continued efforts to ensure that their investment portfolios are sufficiently diversified against the effects of inflation, economic uncertainty, and geopolitical tensions.
The Precious Metals Week in Review – January 7th, 2022
Many investors have included physical precious metals as part of their diversification plans, given their long history as a hedge against both inflation and times of economic turmoil.
The Precious Metals Week in Review – December 3rd, 2021
Many such investors view temporary price dips in precious metals as nothing more than buying opportunities that allow them to acquire additional physical product for their portfolios whenever price dips.
The Precious Metals Week in Review – April 23rd, 2021
As businesses reopen and demand for goods and services regains momentum, many investors continue purchasing physical precious metals to shield their portfolios from inflation.
Sex, Drugs & Rock ‘n’ Roll
The boomer generation reached their teens in the 1960s, and having grown accustomed to receiving whatever they wanted in life, they were young adults and wanted to party. The phrase, “sex, drugs and rock ‘n’ roll” was coined and it was an apt one.
The Precious Metals Week in Review – January 17th, 2020
It was another news-filled week, particularly with regards to the ongoing U.S.-China trade dispute. The Senate impeachment trial for President Donald J. Trump also began its initial stages this week and will likely eclipse news from mainstream media outlets over the coming weeks.
These Gold Investors Got Your Back, Jack
It happened with little fanfare, with virtually no reporting by the mainstream press. But this development signaled that one of the biggest gold-buying entities sees a growing need to own gold right now.