Due to its unique properties, gold was one of the first metals discovered by mankind. The precious metal doesn’t rust or corrode, is malleable for artwork or jewelry, and conducts heat and electricity.
One of the clear-cut winners of the 2022 commodity rally has to be palladium. The metal commonly used in catalytic converters recently saw its price catapult to record highs following Russia’s invasion of Ukraine, and is now trading 30%...
Gold has always been the prized metal of mankind for its artistic and cultural value, with a rich history dating back to Ancient Egypt. In many parts of the world, it serves as a symbol of wealth and the centerpiece in almost every special...
Gold is often criticized by Wall Street as kind of a useless investment. Institutional investors prefer assets thought to contain the potential for growth, or “sprouts”. An investment has to produce a growing revenue stream – if it doesn’t...
Gold is among the safest of havens in times of war, or any other type of geopolitical instability. During the 1970s, which saw a number of upheavals in the Middle East including the Iranian Revolution, the Iran-Iraq War, and the Soviet...
Driven by the need to decarbonize due to increasingly apparent climate change, governments around the world right now are choosing to de-invest from oil and gas, and instead are plowing funds into renewable energies even though they aren’t...
The United States reached a new milestone this week, but it’s nothing to be proud of. For the first time, the national debt hit 30 trillion dollars.
The US Federal Reserve, whose job is to keep unemployment in check and inflation in the “Goldilocks” zone of 2%, is telegraphing three interest rate increases of 0.25% each (1% at the high end of the range) this year.
Inflation is one of the best determinants of gold price movements, because investors buy precious metals (gold, silver, platinum and palladium) as an inflation hedge when the prices of goods and services are rising faster than interest...
The gold to oil ratio is an important indicator of the global economy’s health. Because gold and crude oil are both denominated in US dollars, they are strongly linked. That is because as the US dollar rises, commodities priced in USD fall...