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There has been a US dollar at the centre of the world banking system ever since it began. It plays a big role in international trade, central banks’ reserves, product prices, and deals that happen across international lines. Increasing numbers of nations are looking for alternatives to the dollar, which is producing a gradual but…
Category: Buying Gold
China Is Buying More Gold Than Ever Before. Do You Need to Worry?
Over the past several years, the rapid expansion in China’s official gold reserves has attracted the attention of the world financial market. This raises significant concerns for investors from all around the world, including those from Canada and the United States. There is no reason to freak out. Nevertheless, China’s actions point to the practice…
The Great Eastward Migration of Wealth
History rarely announces itself. It whispers… until suddenly it roars. The greatest financial shifts are often invisible until they are irreversible. By the time the headlines acknowledge them, fortunes have already changed hands. Today, the warning signs are everywhere: physical silver is commanding dramatically higher prices across Asia, governments are building new gold settlement systems…
What Is the Strait Of Hormuz And Why Should Investors Care?
The majority of investors may consider the Strait of Hormuz a geopolitical hotspot connected to their assets. As a matter of fact, this little canal that connects Iran and Oman is among the most significant economic chokepoints in the whole planet. Twenty per cent of the world’s oil consumption and a significant share of the…
Gold, Silver Prices Rise On US-Iran Deal, But Hawkish Rate Predictions Weigh
Geopolitical relief and uncertainty over monetary policy added to the complexity of the precious metals market. Gold and silver prices rose on hopes of a compromise between the United States and Iran to reopen the Strait of Hormuz and relieve tensions in the Middle East. But that was offset by signals from central banks that…
