The beautiful city of Niagara is home to one of the world’s greatest natural wonders, the famous Niagara Falls. Niagara Falls is known as Canada’s top tourist attraction. Aside from being one of the most popular cities in Canada, Niagara is home to over 485k citizens. The city is one of the most rapidly…
Category: News
What is a Troy Ounce?
A troy ounce is a weighting unit for precious metals that has been used since the Middle Ages. One troy ounce weighs 31.1034768 grammes and was first used in Troyes, France, according to the U.K. Royal Mint. A standard ounce weighs slightly less, 28.35 grammes, and is used to measure things like sugar and grain. To…
Is Gold An Effective Hedge Againts Inflation?
Many investors turn to gold as a convenient and cost-effective inflation hedge when protecting their savings from inflation. However, is it a good idea to invest in gold? Let’s look at this popular investment option and see if it is truly effective as an inflation hedge. Here are the Top 3 Reasons You Should…
U.S. GDP shrinks for 2 quarters in a row
For the first time in over a decade, the world has more debt than it can handle. U.S. GDP shrinks for 2 quarters in a row, meeting the PMI survey’s quarterly forecast, with the slowdown in growth largely driven by the flattening out of business investment and manufacturing output. According to U.S. Bureau of…
U.S. Government’s Financial Enforcement Arm Just Got Stronger
With what is continually developing across the world, it bears mentioning that the World Gold Council (WGC) has recently reported that central banks have again added 59 tonnes of gold in June totalling roughly 270 tonnes on the year. This of course, only being what gets reported to the WGC, general consensus being the unreported…
