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Gold Price Scales $1,850 as Dollar Eases Following Fed Rate Hike Gold reached skyrocketing prices on Thursday as an easing dollar enabled offsetting pressure from the hefty interest rate hike by the US Federal Reserve formerly. Spot Gold was up 0.09% to $1,850.98 (USD) per ounce by 1:00 pm. ET, hitting the $1,850 mark…
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Inflation Goes From Bad To Worse As Demand For Gold And Silver Remains Strong
Inflation Goes From Bad To Worse “Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else’s religion, but he’ll accept his gold.” – Robert Kiyosaki. Stock market risks is a great concern , Let us discuss about it. Consumer Price…
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U.S. inflation quickens to a 40-year high, pressuring Fed and Biden
Do you know what happens when the country experiences inflation? In the long run, it decreases the purchasing power. It indicates that the value of your currency will be lower the following day compared to how high it was today. The same thing is currently happening in the United States. US inflation is said…
Beware: United States Dollar Being Touted as Safe Haven
United States Dollar Being Touted as Safe Haven If I told you an asset had lost over 95% of its value since it had began circulating through societies economic systems – would you then question my expertise if I then told you that same asset should be viewed today as a safe haven STORE OF…