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Gold has historically increased in price during some of the worst market crashes, acting as a sort of safe haven. This is due to the precious metal’s negative correlation with the stock market. The World Gold Council claims that finding new gold discoveries and putting new mines into production both take a lot of…
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Category: Jewelry
Buying Gold and Silver Bullion in Markham, Ontario
Markham is a lovely city in Ontario, located in the Regional Municipality of York. The city is the fourth largest city in the Greater Toronto Area (GTA). Markham is located approximately 30km northeast of downtown Toronto. Approximately 360k people are proud to call the city of Markham their home. This ranked the city the…
Why Indian people purchase gold on Dhanteras festival
Dhanteras Festival This day, the first day of the five-day Diwali celebration combines the Sanskrit words “Dhan,” which means riches, and “teras,” which means 13. It occurs on the 13th day of the Hindu lunar calendar and marks the beginning of the festival. It is considered a day of good fortune in Hindu culture…
What is meant by the term “recession”?
What is meant by the term “recession”? A recession is an economic downturn that lasts months or years. A recession is declared when a nation’s economy faces negative GDP, growing unemployment, dropping retail sales, and shrinking income and manufacturing. Recessions are part of the economic cycle, the regular growth and contraction of an economy….
Fighting Inflation
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…
