John Exter is said by some to be the most honest central banker in history. Of course, the bar is not set too high as central banking is rife with opaqueness that causes most of the public to be highly unaware of what goes on within this sector of the economy. However, before his…
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Category: Gold Price Canada
What is a Recession?
As we emerge from the pandemic, we’re hearing a lot of talk about a “recession”, but what exactly does that mean? The exact definition of a recession is a significant decline in economic activity over a long period of time. This can occur when the nation’s Gross domestic Product (GDP) is negative. Other signs…
The Goal is Generational Wealth
It goes without saying that the world has vastly changed since 1642 when the Commonwealth of England was established and the Monarch took control. While their family assets date in some accounts to as far back as the 1300s it can be debated how much real power the Monarch still holds, as officially they…
Historical Overview of Gold prices: 30 BCE to the Current scenario
The history of gold’s value may be traced back to 30 BCE due to its value and usefulness as money. Value of Gold in the Roman Empire The value of gold has evolved since 30 BCE, when it first became valuable and used as money. From 31 BCE until 14 CE, Emperor Augustus of ancient…
What is Gold Spot Price?
Despite how crucial the spot price is, many people are unclear on what it is and how it affects the price of gold. In fact, a lot of small businesses who purchase gold from private sellers think the spot price equals the cost of the most recent physical transaction or the current cost of…