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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…
Category: Cash For Gold
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…
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…
Reasons Why You Should Invest in Gold Bullion
Gold is an ancient and valuable resource used throughout history as a form of currency and investment. It is no secret that the world economy is in a rough patch. More than ever, it makes sense to invest in physical gold bullion. Here are just a few reasons why: Economic uncertainty: No one knows…
