Author: Brandon GreenNeptune Global, Director of Sales China’s traders have had a massive impact on gold and silver prices, with a 400% surge in trading on the Shanghai Futures Exchange in 2024. While gold could soon hit $3,000, silver is also seeing gains thanks to seasonal patterns. Historically, silver prices spike at the end of the year, and analysts expect a similar trend in 2024. [...]
Tag: US Dollar
Silver: The Shiny Underdog of Precious Metals
Author: Brandon GreenNeptune Global, Director of Sales Move over, gold. There's a new metal in town stealing the spotlight, and it's none other than our trusty friend silver. While gold has been hogging all the attention with its recent price surge above $2,500, with headlines like “400 oz Gold Bars Now Worth $1 Million For The First Time,” silver has been quietly plotting its[...]
Opinion: U.S. dollar — and its No. 1 status — could become a casualty of economic war
A less-respected U.S. dollar will have major implications for world trade and American consumers U.S. economic power is founded, in part, on the primacy of its currency. While this role has been questioned at various times over the past half a century, current geopolitical developments pose the most serious challenge yet to the U.S. dollar’s dominance. In rejecting, the idea of a single, [...]
Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
There’s an off chance that gold prices could soar to $3,000 per ounce, and oil to $100 per barrel within the next 12 to 18 months, according to Citi. Central bank aggressive purchases, stagflation, and a global recession are catalysts that could drive the price of the yellow metal almost 50% higher, Citi analyst said. Gold prices could soar to $3,000 per ounce, and oil to $100 per[...]
Buy Gold Now Or Wait?
Should you buy gold now? Or, should you wait? The pat answer is "it all depends"; which is true, but, it’s an inadequate answer. A bigger problem might be the question itself. Why would someone who is planning to buy gold now decide to wait? Some people might hesitate because they haven't seen the price action they expected. For others, it might be a lack of[...]
What Gold Needs
"Gold needs weak economic data as a catalyst to push prices higher..." trumpeted a headline this past weekend. In a similar vein is the oft stated claim that "a recession is good for gold". Several months ago, someone said that all gold needed to move to new highs above $2000 was lower inflation numbers. Earlier this year, the supposed "catalyst" for higher gold[...]
Heightened Investment Risks Demand Asset Review. Liquidity Paramount.
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BITCOIN FLOUNDERING AS DIGITAL SUBSTITUTE – Gold Tops $2000 As Crypto-Correlation Crashes
April 18, 2022 From ZeroHedge: Since the beginning of the year, gold has surge over 9%, topping $2000 again this morning amid geopolitical crises and global stagflation fears… At the same time, cryptocurrencies have suffered with Bitcoin down around 15% (back below $40,000 this morning), with the most aggressive shift from 'digital gold' to 'real gold' occurring since Putin[...]
DO YOU KNOW WHAT INFLATION REALLY IS? THEN HOLD SOME GOLD AND SILVER
April 13, 2022 From the Degussa Market Report In March 2022, annual US consumer goods price inflation was 8.5%, the highestlevel since 1981. While Main Street considers it, and rightfully so, terrifying data,Wall Street actually sees it as good news of sorts: Financial markets are expectingUS CPI inflation to have peaked, and hopefully inflation rates will come down inthe coming months.[...]
Longtime Preachers of “Don’t Fight The Fed” Now Fighting The Fed
April 13, 2022 Wall Street strategist have historically preached the old adage "don't fight the Fed." In a nutshell, this advice conveys that investors should simply position their portfolios to benefit from the direction the Federal Reserve is steering the economy via its policy decisions. The wholehearted embrace of this advice was especially true over the past couple of decades whereby[...]