Gold and Silver Investing People often think that investing in gold and silver is a safer option than investing in stocks and shares. When opposed to investing in stocks and shares, purchasing precious metals like gold and silver is sometimes seen as a more secure alternative. Making your first investment could not come at…
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Gold Price Scales $1,850 as Dollar Eases Following Fed Rate Hike
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…
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…
Is Price Gouging by Greedy Corporations Causing Inflation?
Greedy Corporations Causing Inflation When you become an investor in precious metals it is immediately imperative that you begin to understand human psychology to some degree because it is in fact one of the largest drivers of price action within this industry. The reason for that is because silver and gold have historically been…
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…