Hi,
For centuries, precious metals like gold and silver have served as an investment of stability in times of financial crisis. Not only do they carry intrinsic value, but they also represent a hedge against inflation, currency fluctuations, and geopolitical uncertainties. If you are an investor residing in Ottawa, the question isn’t whether you should buy…
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Category: Cash For Gold
The Rise of Central Banks Buying Gold at Record Pace in 2023
Since 2023, central banks around the globe have been progressively building up their gold holdings at a record rate. The shaky state of the world economy and soaring gold prices are to blame for this. The current gold bull market has been significantly fuelled by central bank gold purchases, which reached record levels in 2020…
Gold Quietly Eyes All-Time-High
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…
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…
Mixed Signals for Banks; Public Flocks to Gold & Silver
Previously we touched on the failure of Silicon Valley Bank, as well as First Republic Bank, the 2nd and 3rd largest bank failures in United States history respectively. We also asked the question on whether or not this was a contained situation or if these failures were likely to spread and cause contagion across the…
