Hi,
Something extraordinary is happening in China. The world’s largest gold producer is simultaneously importing gold at a pace that could reach 1,700 tonnes in a single year. At the same time, Shanghai’s silver inventories have surged to roughly 1.5 million kilograms, or approximately 48.2 million troy ounces. And underneath it all, the money supply of…
Category: Gold
Canadian Dollar Weakens as Fed Rate-Hike Bets Rise: What It Means for Gold
The Canadian dollar slipped to a nine-day low against the U.S. dollar on Friday as stronger-than-expected U.S. inflation data increased expectations that the Federal Reserve could raise interest rates at its upcoming meeting. The loonie fell 0.2% to C$1.3862 per U.S. dollar after briefly touching C$1.3883, its weakest level since September 2. The Canadian currency…
Economic Situation in Canada: How The 3.3% GDP Growth in Q2 Affects the Canadian Economy
Canadian economic growth exceeded expectations in the second half of 2026. Statistics Canada reported a 0.8% increase in real GDP in the second quarter of 2026, or 3.3% annually. Exports, family consumption, and business investment boosted growth. After this bounce, Canadians watching the economy wonder how higher economic growth would affect inflation, interest rates, the…
Watching Interest Rates, Inflation, and Geopolitical Risk Is Important for Investors Who Are Buying Gold at CAD $6,200
Interest Rates Are Important No dividends or interest are paid out on gold. Because of this, interest rates are taken into consideration by investors. When interest rates and bond yields continue to rise, it may encourage investors to keep interest-bearing assets in their portfolios. This might put a strain on gold. Perhaps the opportunity cost…
THE WORLD IS BRINGING ITS GOLD HOME
The reserve currency is losing trust. And the warning signs are getting harder to ignore. For decades, the U.S. dollar has sat at the center of the global financial system. Countries accumulated dollars, stored their gold in major Western financial centers, and trusted the system to remain stable. But something is changing. Since 2018, a…
