Hi,
In a previous newsletter we covered the difference between a gold and/or silver backed currency that is redeemable in those metals and one that is non-redeemable. We clearly highlighted the dangers of backing a paper or digital currency with precious metals or a variety of commodities and then subsequently NOT allowing the paper/digital currency to…
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Category: Gold Spot Price
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…
What High Gold Prices Say About the Weak US Dollar and What It Means for Investors
Explaining the Correlation Between Gold Prices and the Weak Dollar In general, prices for gold tend to climb throughout times of weaker US dollar and decline during times of stronger currency. The US dollar’s decreasing worth can cause inflation since it makes buying the same amount of goods and services more expensive. Investors may…
Learn Some Bullion Terminology
What Is Bullion? A number of shapes and configurations are available for the metal currency known as “bullion,” which is leveraged for investments. A fantastic strategy to invest your money and shield it from inflation or other economic volatility is to purchase and store bullion. Bullion is made of precious metals such as…
Spotting Counterfeit Coins and How to Protect Yourself
What are Counterfeit Coins? Coins that are counterfeited are made to look like real coins but were not struck by a legitimate mint or government organisation. To trick investors or coin collectors into paying more than the coins are worth, counterfeit coins are frequently produced using inferior materials. How Do They Make it? Casting:…
