There is a clip circulating of Larry Fink (CEO of BlackRock) giving his opinions on current Federal Reserve (FED) monetary policy and how he feels this is going to impact the economy moving forward. Some readers may already know who Larry Fink is and what BlackRock does, but for those that don’t: BlackRock is…
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Author: AU Bullion
GDP disappoints, but Bank of Canada unlikely to alter rate path
About GDP disappoints, but Bank of Canada unlikely to alter rate path The Bank of Canada has been increasing the interest rates, which became worrisome at the start of the current year when the economic growth rate decreased. However, since the demand has started increasing once again, the increase in interest rates is likely to…
Hedge funds turn bullish on gold but remain heavily bearish on silver
Hedge funds turn bullish on gold but remain heavily bearish on silver Hedge fund investors in the gold market have started earning profits from their short positions as gold prices start to recover after a decline. This happened because the US dollar prices have started to decline after staying strong for 20 years. Another…
The Quantum Financial System: No Longer “If?” Rather, “When?”
It has been 6 ½ years since the World Economic Forum (WEF) released an article titled, Welcome to 2030: I Own Nothing, Have No Privacy, and Life Has Never Been Better. At the time, it really gained no attention other then from those circles deemed to be filled with conspiracy theorists. However, since the article…
Gold price is still on pace to push above $2,000 as stagflation, and recession risks rise
Gold prices are expected to reach more than $2000 an ounce by the end of 2022. According to the annual report by ‘In Gold We Trust’, these prices are even expected to rise above $5000 an ounce towards the end of 2030. This is an authoritative report on gold market investment which gives a…