Hi,
Yesterday, Jerome Powell, Chairman of the Federal Reserve testified to the Senate Banking Committee that interest rates would need to go much higher than anticipated to quash an inflation rate that refuses to fall. This caused silver and gold to sell off on the market losing nearly 5% on the silver side, and nearly 2%…
Category: Sell Gold
IMF Release Working Paper on Gold as an International Reserve
On January 27th, 2023, the IMF released a working paper titled, Gold as International Reserves: A Barbarous Relic No More? It was released with the hope of understanding why central bank gold purchases in 2022 rose to a high since 1967. However, before diving into the paper itself, it is vitally important we have a…
The Benefits of Investing in Gold: A Good Investment Over the Long Term
Investing in gold is a great way to diversify your portfolio, hedge against inflation, and protect yourself from market volatility. Gold is a time-tested asset whose value has been rising steadily over the years. In this blog post, we’ll explore the benefits of investing in gold and why it is a good investment over…
The Definitive Guide to Understanding the Gold Standard
The gold standard may be unfamiliar to many, but it is nonetheless an important concept that significantly impacts our lives and our world. The gold standard is a standard of money, or how money is created and exchanged. The gold standard is a policy controlled by governments based on the minting, redemption, or transfer…
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…
