Category: 6. Business
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Once We Get North of $3,000, Gold Prices are ‘Going Parabolic’
Yesterday, Peter Schiff joined host Jesse Day on his show, Commodity Culture, to discuss the expanding global conflict and its implications for the gold market, the state of the economy, and his forecast for inflation. The wide-ranging… Continue Reading
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Why Silver Investors Should Pay Close Attention to Copper – Jesse Columb
In a recent video, Jesse Columbo, an independent precious metals analyst, highlighted the often-overlooked relationship between silver and copper. With a background in finance and a passion for precious metals, Columbo has gained a… Continue Reading
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Russia’s Gold Holdings Hit Historic High: Now 31.5% of Total Reserves
In a dramatic shift in its central bank investment strategy, Russia has ramped up its gold reserves to historic highs, defying Western sanctions and reinforcing its economic fortress. As of October 1, 2024, Russia’s monetary gold reserves… Continue Reading
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Gold the third most popular investment in Germany
In 2022, Germany was the second largest market for retail gold investment. It boasted a 185 tonne net bar and coin demand, but that number slumped to 47 tonnes in 2023 and just 5 tonnes in the first half of this year. But that isn’t to say… Continue Reading
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Mining CEO: Junior leaders have a publicity problem
American Pacific Mining Corp. co-founder and CEO Warwick Smith thinks some of the accomplishments junior miners have had in recent years deserve the kind of celebration often given to Facebook’s Mark Zuckerburg or Tesla’s Elon Musk, who… Continue Reading
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Metals prices dip on lower-than-expected U.S. inflation data
Gold and silver prices dipped following Friday’s release of U.S. inflation data, which showed no increase in the producer price index on a month-over-month basis. PPI was up 1.8% from a year ago, and, following August’s increase of 0.2%,… Continue Reading
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B2G to invest millions into Canadian junior
Shares of Founders Metals Inc. (TSXV: FDR.V) rose more than 12% Thursday after B2Gold Corp. (NYSE:BTG) announced an investment of more than C$12 million into the Canadian junior miner. Founders has more than 49 mineral claims in New… Continue Reading
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Kazakhstan’s Gold Reserves Decline Amid Central Bank Sales
The National Bank of Kazakhstan (NBK) has announced a reduction in its gold reserves for the fourth consecutive month. In August, the NBK sold 5 tonnes of gold, bringing its total holdings to 290 tonnes. This marks a decline of 4 tonnes… Continue Reading
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Gold Prices Rally as Rate Cut Bets Strengthen
Gold prices extended their gains on Thursday, October 10th, as investors increased their bets on a potential interest rate cut by the Federal Reserve in November. The rally was fueled by the latest U.S. economic data, which showed a slight… Continue Reading
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How Geopolitical Tension Changes Gold Investment: A Retirement Advantage
The gold bull run that began in early 2022 came right after an especially intense cycle of interest rate hikes, with the Federal Reserve raising the benchmark federal funds rate 11 times in 2022 and 2023, to 23-year highs.[1] Gold rose… Continue Reading