There were increases in silver and gold of 6.5% and 10.2%, respectively. Demand for gold and silver as a safe-haven has increased since the current economic downturn that has impacted US and European banks. The price of the precious metal will increase significantly over the next few days, according to experts who are bullish…
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Category: Silver
A Week to Remember in Global Finance: Dollar Being Ditched
Throughout the past year, we have been covering the progressive de-dollarization that has been taking place around the world. Initially sparked by the weaponization of the dollar by the United States via sanctions after Russia invaded Ukraine, countries have quickly realized that to be at the mercy of the USD, is equivalent to financial slavery. …
What You Need to Know About Silver Toning
Toning can be seen on a variety of composition coins, but it is most frequently observed on silver coins. Gold, copper, nickel, and other metals can also have some toning. The development of toning is a gradual and natural process that might take months or years. Coin toning is the natural or intentional change…
Mixed Signals for Banks; Public Flocks to Gold & Silver
Previously we touched on the failure of Silicon Valley Bank, as well as First Republic Bank, the 2nd and 3rd largest bank failures in United States history respectively. We also asked the question on whether or not this was a contained situation or if these failures were likely to spread and cause contagion across the…
How Credit Suisse Used Record Borrowing to Navigate the Global Banking Crisis
Introduction Swiss-born and -based Credit Suisse Group AG is a leading international investment bank and provider of financial services. Financial services provider with the second-largest global investment bank Its headquarters are in Zürich, and it has offices in all the world’s major financial hubs. Swiss rail system expansion was financed by Credit Suisse when it…