Hi,
What is Inflation? In general terms, inflation is simply when everything gets more expensive. It is a general increase in prices for everything in the economy. This means that businesses have to spend even more money on the same amount of goods and services. Aside from that, this gradual increase in prices also corresponds with…
Blog
Category: Gold
Gold: The Unsanctionable Money
Since the Russian invasion of Ukraine earlier this year, one of the main economic debates has been whether the sanctions placed on Russia by the West and other European nations are working or not? Given the fact the Russian Ruble has been the best performing currency of the year and those European nations, like…
Why Buy Gold?
Gold Prices Since ancient times, gold has been highly sought. Gold has been a medium of exchange, a status symbol, and an indicator of economic success throughout all of human history, both documented and undocumented. This persistent price shows that gold has lasting appeal and worth. Gold is often regarded as one of the safest…
Silver Price vs. Gold Price Volatility
Prices of gold When inflation is high, currencies are weak (particularly the U.S. dollar), or something catastrophic happens around the globe, gold prices tend to climb. As a result, the correlation between price and volatility in the gold market is more complex than in the stock market. It is not uncommon for both price and…
What Is a Krugerrand
Definition The Krugerrand is a gold bullion coin that is manufactured in South Africa. This currency is quite popular. It was the first bullion gold coin ever created, with production beginning in 1967. The South African Mint uses the Rand Refinery to make the Krugerrand in a variety of different weights, including the one ounce…
