gold

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What Types of Investment Gold Are Offered?

6 May 2023 1 minute read 1 comment stag89

The main division in investment gold is between gold bars and gold coins. But products can be classified by many indicators, which shows how much flexibility this asset class provides. A feature that can be used when choosing is the content of pure g...

FED Raises Rates Another 25 Basis Points to 5.0 /5.25%

3 May 2023 3 minute read 1 comment SweptOverNiagara

The markets were on the edge of their seats all week awaiting today's decision from the FOMC meeting. The FED raised rates as expected by 25 basis points although there were polls suggesting 85% of participants expected a pause while the remaining 15...

Ray Dalio Does Not Understand Why So Many People Prefer Bitcoin to Gold ... and That’s Normal Since Ray Is a Boomer.

29 Apr 2023 2 minute read 9 comments ssaurel

'I don't understand why people are more inclined to go to bitcoin than gold,' says hedge fund billionaire Ray Dalio. First of all, I don't intend to denigrate gold as many Bitcoiners do. I'm a Bitcoiner, but I'm not going to lie to you: gold is still...

Is Gold Set For A Massive $1,000 Correction?

24 Apr 2023 4 minute read 1 comment SweptOverNiagara

No one can perfectly time the markets, not even the best of the best but when some of them start speaking in sync about possible coming events in the financial realm, I tend to take notice. Over the last few days, three well known names have come out...

Silver Hit Massive Record 237.7 Million Ounce Deficit For 2022

20 Apr 2023 4 minute read 2 comments SweptOverNiagara

Back in November, I published a post titled, 'This year's 194 million ounce silver deficit to push prices higher' sending out a warning that a massive supply crunch was forming in the physical silver market. The year wasn't over yet so the 194 millio...

Why Does Gold Continue to Shine Despite Inflation?

20 Apr 2023 1 minute read 0 comments stag89

For Commodities, it appears that All That Glitters Is Gold. Despite recent financial system instability and fears about the global economy's health, gold has stayed stable. What are the reasons for the precious metal's continued radiance? In March, i...

Ray Dalio Questions Bitcoin’s Ability to Establish Itself as an Effective Currency Calling It a “Very Poor Alternative to Gold”

17 Apr 2023 3 minute read 2 comments ssaurel

In a recent interview, Ray Dalio once again questioned the ability of Bitcoin to become an “effective currency.” For Ray Dalio, Bitcoin's price volatility will always be a problem and central banks will not adopt it: “Bitcoin is neither an effective...

I Knew This Would Happen!

14 Apr 2023 2 minute read 0 comments SweptOverNiagara

While I was out working in the garden this morning, gold and silver suddenly nosedived. I went searching for the reason and I think I found it on KingWorldNews.com with today's headliner, 'Alert: Bullion bank gold short positions approaching highest...

U.S. Dollar Down 10% In 6 Months - Heading Back To Lower Weighted Average

14 Apr 2023 5 minute read 0 comments SweptOverNiagara

As I'm writing this post, I am looking at a graph of the U.S. Dollar Index at TradingView.com going all the way back to 1967. It shows very chaotic dollar movements while at the same time, shows exactly where key historical events occurred, such as t...

Silver Continues To Edge Higher - Asleep No More?

12 Apr 2023 3 minute read 1 comment SweptOverNiagara

Today's CPI print in the USA pushed silver to where it now sits at $25.47 at time of writing. While CPI came down lower than expected, wages have gone down for the 24th consecutive month. Oil's decline in dollar value since last summer was a main com...