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What is meant by the term “recession”? A recession is an economic downturn that lasts months or years. A recession is declared when a nation’s economy faces negative GDP, growing unemployment, dropping retail sales, and shrinking income and manufacturing. Recessions are part of the economic cycle, the regular growth and contraction of an economy….
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What Factors Influence the Price of Gold?
What Factors Influence the Price of Gold? Gold’s price is driven by supply, demand, and investor activity. It appears straightforward, but how these components interact is often surprising. Gold is seen as an inflation hedge by many investors. This makes logical, since paper money loses value as more is created but gold is basically stable….
Gold vs. Bitcoin: Which Is Better?
An Overview The recession in the economy results in heavy loss of financial markets and investors. It is seen in the great recession of 2000 and the short phase of COVID-19. The reoccurrence of recession pushes the investors to take measures and avoid heavy losses. The experts and the unskilled economists are likely to be…
Silver Premiums Sound Alarm in U.S.
Silver Premiums Sound Alarm in U.S. One of the larger stories swirling around the precious metals industry this past week came out of Miles Franklin Precious Metals as their CEO, Andy Schectman, reported that a billionaire client had put through a $50 million dollar order for American 1oz Silver Eagles; the largest of his 30-year…
Gold and Silver During Recessions
Recessions signal the beginning of financial insecurity and may lead to long-term economic despair. Silver’s price as a haven asset may fluctuate considerably and fast during a recession. Indeed, the silver price normally rises during a recession, but historical patterns do not guarantee that this will be reproduced in the future. Many investors keep…