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Consequences of an Inflationary Recession June was an extremely important month in the financial world for one main reason; that reason being that upon months conclusion it would also mark the end of Q2 leaving many of us waiting for the official GDP announcement for the U.S. to be revealed. However, the Q2 GDP number…
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Category: Silver
Why do central banks raise interest rates to curb inflation?
Why do central banks raise interest rates to curb inflation? With inflation reaching record highs, central banks across the globe are pushing for interest rates to climb at their fastest pace in decades. As prices grow, the US Federal Reserve, the Bank of England, and the European Central Bank all take substantial anti-inflation policies….
What are Precious Metals?
What are Precious Metals? Rare and chemically inert metals are called precious metals. They have great market value since they are scarce. Numerous applications call for the usage of precious metals, including jewelry, technology, and industry. Explanation Gold, silver, platinum, and palladium are the four major precious metals. Silver is also considered a valuable metal….
Royal Mint UK Britannia Coins
Royal Mint UK Britannia Coins Since 1987, the Royal Mint in the United Kingdom has been producing gold Britannia coins; from 1997, they have produced silver Britannia coins; and since 2018, they have produced platinum Britannia coins. Britannia, a female personification of the United Kingdom, is featured in a variety of different portrayals on the…
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…
