Gold Prices Surge, Bullion Nears 1600 oz.

Gold Prices Surge, Bullion Nears 1600 oz.

$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]

Weaker USD Would Help US Workers

Weaker USD Would Help US Workers

$USD, $GLD, $SLV Experts are in a debate on just how does the average American benefit from the USD’s reserve currency status, and would the Buck’s fall from grace have a negative, or positive, impact on the livelihood of the average American worker Economist Steve Keen recently declared that average investors are over-inflating the risks […]

Gold Miners Happy Price Taps at $1,300 oz

Gold Miners Happy Price Taps at $1,300 oz

$GLD, $SLV, $USD, $AAPL Miners see Gold prices moving higher in 2019 December’s holiday cheer is carrying into Y 2019 for Gold-mining companies. A gauge of mining shares is extending gains after its best December since the financial crisis as investors flee to safe-haven assets amid a slump in the broader equities market and a […]

Bitcoin (BTC) Proves No Safe-haven Play

Bitcoin (BTC) Proves No Safe-haven Play

Bitcoin (BTC) Proves No Safe-haven Play $BTCUSD, $ETHUSD The global equity market sell off spilled over into the cryptocurrency space, with major digital assets including Bitcoin, Ethereum and Ripple shedding billions in market value in just mins. The unexpected collapse in the digital currency sector follows a period of price stability for the highly volatile market, and may suggest that investors are less […]

Gold Dips on News of Resumed US-China Trade Talks

Gold Dips on News of Resumed US-China Trade Talks

Gold Dips on News of Resumed US-China Trade Talks $GLD, $SLV, $USD Gold pared gains as China became a focus point again The possible progress in the trade dispute pressured the USD. Gold prices dipped Thursday as investors purchased riskier assets instead of seeking a safe-haven in gold, on news a new round of US-China […]

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern $GLD, $SLV Gold prices held steady during Asian trade Tuesday as investors remained on the sidelines amid expectations of a Fed interest rate hike later this month and on fears of an escalation in the US-China trade dispute. Spot gold was mostly unchanged at 1,195.79 oz […]

Stanley Druckenmiller Changed His Mind About Gold

Stanley Druckenmiller Changed His Mind About Gold

Stanley Druckenmiller Changed His Mind About Gold $GLD, $DIA After the US Presidential election, billionaire hedge fund manager Stanley Druckenmiller made headlines by announcing that he had sold all of his Gold on 8 November. Yes, sold all of his Gold on Donald Trump’s election as President. He said that the way he saw the […]