Hi,
Have you ever considered how little gold there is in Canada? Most other countries, including the US, do have gold, therefore it’s a good question. The Bank of Canada began selling its gold holdings in the early 2000s. Canada is the G7 country. Together with Angola, Belize, and Tonga, Canada is currently one of…
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A Look at the Record-Breaking Gold Prices Surge of 2023
Due to the US dollar’s advantages against gold, gold is predicted to perform well soon. The Dollar Index and gold do not correlate favourably. Before to that, spot gold rose 1.6% to $2,009.59 per ounce, which was just shy of the record set at the start of the pandemic. The Causes That Boosted Gold…
Understanding How Gold & Gold Equities are Affected by US Recessions
When it comes to identifying a recession, the National Bureau of Economic Research (NBER), a preeminent economic think tank established in 1920, is the accepted source in the United States. The Relationship Between US Recessions and The Price of Gold NBER typically announces a recession between six and eighteen months. The amount of each asset…
How Credit Suisse Used Record Borrowing to Navigate the Global Banking Crisis
Introduction Swiss-born and -based Credit Suisse Group AG is a leading international investment bank and provider of financial services. Financial services provider with the second-largest global investment bank Its headquarters are in Zürich, and it has offices in all the world’s major financial hubs. Swiss rail system expansion was financed by Credit Suisse when it…
Protect Your Wealth with Royal Canadian Mint Bullion: Here’s Why
Protecting your wealth is now more crucial than ever in the unsure times we live in. And while there are other ways to achieve this, buying bullion has become a popular choice in recent years. Especially, investors seeking a safe and dependable means to protect their money now select the bullion products offered by the…