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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: Platinum
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…
The 4 Best Precious Metals to Invest in Right Now
Precious metal Elements regarded as scarce and chemically inert are referred to as precious metals. They have a high economic value since they are scarce. There are several applications for precious metals, including jewelry, industrial operations, and investments. A precious metal is a substance that has value beyond its monetary value. Alloying elements may be…
Bank of Canada Increases Rates to Fight Inflation
Bank of Canada Increases Rates! In recent years, inflation has been a severe issue in countries around the world. With several global, international, and national factors coming into play, many countries have faced some of the highest inflation rates in years. Here in Canada, prices have skyrocketed as well. The Central Bank of Canada…
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….
