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Gold Quietly Eyes All-Time-High While there were a few financial analysts that have been warning people of instability in the banking system ever since stimulus checks spurred unprecedented currency creation – most officials in government/finance have been reassuring the public that the banking system is strong. Even going back to this past Monday, President Joe…
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What High Gold Prices Say About the Weak US Dollar and What It Means for Investors
Explaining the Correlation Between Gold Prices and the Weak Dollar In general, prices for gold tend to climb throughout times of weaker US dollar and decline during times of stronger currency. The US dollar’s decreasing worth can cause inflation since it makes buying the same amount of goods and services more expensive. Investors may…
Zimbabwe’s $100 Million Gold-Backed Digital Currency Plan: How Can it Help the Country?
Overview of Zimbabwe’s Financial Crisis Southern Africa’s landlocked nation of Zimbabwe is a sovereign state. Harare is the nation’s capital and largest metropolis. a nation with about 16 million inhabitants. Due to a confluence of causes including hyperinflation, currency devaluation, political unrest, and economic mismanagement, Zimbabwe has endured a severe financial crisis for many…
The Recent Gold Heist in Toronto Airport & How to Keep Your Gold Safe?
The Toronto Airport Gold Heist Airports serve as important locations for both the transportation of goods and passengers. Sometimes, the value of that cargo can be substantial. According to Canadian authorities, valuables, and gold totalling more than $20 million went missing on Monday, April 17. This is quite unusual. An extensive police investigation was…
Numerous Applications of Silver Throughout History and into the Modern Era
There are numerous different types of silver, and each one has distinctive characteristics and applications. Sterling silver is an alloy that has 92.5% silver and 7.5% copper, typically. Jewellery, cutlery, and decorative goods often use it. Fine silver is 99.9% pure silver used to produce collector coins, silver bullion, and jewellery. Silver-plated products are…