This first stage of the inflationary process may last for many years. While it lasts, the prices of many goods and services are not yet adjusted to the altered money relation. There are still people in the country who have not yet become aware of the fact that they are confronted with a price revolution […]
When the UK launched this Brexit thing, it seemed like they had a plan and then big gaping holes started to show up. UK citizens who thought that Brexit was just about being autonomous from Europe learnt that it wasn’t as easy as that and that things could actually become worse for them if they […]
We know that the Chinese are the biggest producers and consumers of gold, but do we really know how much gold China really has? The short answer is no. According to the Chinese Central banks, they have 1,842.6 tons of gold in reserve. That’s what is the official number is said to be. The People’s […]
In the precious metal sector, palladium has gone up by 7.8%, by the 25 September because of China buying a lot of gold. The World Gold Council has reported that central banks have added 193.3 tons to the vaults in a six month period. This is 8% more than the amount recorded during the same […]
A lot of people have been talking about the stock market. Everyone thinks that the stock market is about to crash, but funny enough, no one is doing a thing about it. Many current investors are bearish about gold and constantly looking for signals of the Great Unwind. According to fund managers the Bank of […]
A lot of countries have been taking their gold back from foreign banks in countries like Britain and France. Hungary is the latest country in the list of countries repatriating their gold. Germany bright $31 billion worth of gold from the US, England and France. This is almost half its gold reserves. In 2015, Australia […]
The World Gold Council started the year off by releasing a report that looked at the four main drivers that will have an impact on the gold market in 2018. The Council has always taken a mainstream view when it comes to the world economy and gold, but there seems to be a fresh perspective […]
Silver bullion is often placed behind gold bullion due to its lesser value, no doubt, but what most people do not know is the fact that traders and investors who trade on silver bullion often make a lot of money from their dealings compared to those who trade on gold bullion and as a matter […]
The gold bullish market is not over yet. After a highly favorable report released by the Chicago Federal Reserve on Monday, regarding the good progress of U.S. economy and domestic commerce, investors ran behind the Dollar. Many of them are quite convinced that the FED is going to increase interest rates anytime soon. In order […]
China’s mining indicators could be behind of an upcoming rally for mineral commodities and mining stocks in global markets. Many publications online are arguing that the conditions are almost set in the Asian superpower to trigger a huge hike in the mining sector. According to Capital Economics, a London-based research and consulting firm, China’s industrial […]
Based on facts, there is a humongous amount of gold in space, one study of an asteroid in particular reveals that within its core lies precious metals worth a minimum of $20 trillion dollars. The NEAR (Near Earth Asteroid Rendezvous) spacecraft that passed the Eros asteroid revealed that the 33 X 13 KM banana shaped […]
