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Why Gold And Silver Still Matter

15 Oct 2023 1 minute read 1 comment TyreP

This is not financial advice! Do your own research! In the digital age, it can be easy to get swayed by the enticing allure of cryptocurrency. The price volatility offers ample opportunity to make money. However, going back to the basics and holding...

Gold Skyrockets Back Above $1,900

13 Oct 2023 1 minute read 1 comment SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! I don't think I need to explain why gold is suddenly rising this morning. Gold has shot up about $30 per ounce since about 4 o'clock this morning after steadily rising all week. Gold was sm...

My Thoughts on Current Markets-18

11 Oct 2023 3 minute read 0 comments Perfectionist25

  We are on the third day of the Palestine-Israeli War and there is serious tension and uncertainty in the markets. You should not open a short-term position. But how should investors behave in this environment? Which investment instruments would be...

My Thoughts on Current Markets-17

10 Oct 2023 4 minute read 0 comments Perfectionist25

  As you know, the Palestine-Israeli war has broken out in the Middle East and we are going through a serious period. Because we have started a week in which geopolitical risks, that is, war, in which different countries may be involved, are escalati...

My Thoughts on Current Markets-16

18 Sep 2023 3 minute read 0 comments Perfectionist25

We have seen a similar sawing movement in Dow Jones for a long time, continuing in a certain range, with 34200 being the lower point and 35600 being the upper point. After making a sharp upward move on Thursday, it gave back half of the premium it ma...

My Thoughts on Current Markets-15

12 Sep 2023 2 minute read 0 comments Perfectionist25

Euro-dollar parity was at 1.0745 yesterday. I will continue to follow the 1.0775 level. However, a profit sale may come from there again. The band range I follow is 1.06-1.08. It will oscillate within this band range until the US central bank FED's i...

Central Bank Gold Buying Spree Not Slowing Down

8 Sep 2023 4 minute read 0 comments SweptOverNiagara

It's not a secret anymore that central banks around the world (except Canada's) have been on a roll for the last couple of years buying up huge amounts of gold. Reports are coming in that the gold buying spree has continued unabated through summer. I...

My Thoughts on Current Markets-14

5 Sep 2023 2 minute read 0 comments Perfectionist25

Euro-dollar parity was at 1.08 level yesterday. I continue to wait for the numbers 1.09 and above this week. Therefore, 1.08 and below levels use the euro side advantageously and offer a buying opportunity for medium and long-term investors. Especial...

My Thoughts on Current Markets-13

25 Aug 2023 1 minute read 0 comments Perfectionist25

Euro-dollar parity maintained its horizontal course at 1.0826 yesterday. It is stuck in the 1.08-1.09 band gap. An ounce of gold was at 1920 dollars yesterday. Last week, it fell to the level of $ 1890. I have often stated that there are suitable lev...

My Thoughts on Current Markets-12

24 Aug 2023 1 minute read 0 comments Perfectionist25

Euro-dollar parity is at the level of 1.0815, the support level of 1.08, which I expected, is working. At the level of 1904 dollars an ounce of gold, 1890 support level worked. Now there's the 1916 resistor above. But on Friday, FED Chairman Powell w...