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 […]
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 […]
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 […]
A few concerns that have become prominent in association with the gold market over the last 24 months will without doubt continue to play its hand right through 2016 with the first being the strong U.S. dollar which has placed an enormous amount of pressure on the prices of the precious metal. This is because, most of […]
It is not uncommon that the absence of regular dividend payouts on gold related stocks are explained in an incomplete manner by most public related precious metals companies. People usually try to grow their saving through investments, and most people think that buying gold, they are actually doing this, the truth is they are not […]
Ask any investor about what are their contingencies towards handling the current bearish stock market and most would reply without blinking that they are looking at safe havens. Safe havens such as real estate and gold are the primary choices, but as most people know they are expensive and capital intensive, most forget that there […]
The gold standard was an arrangement by interested nations to fix the prices of their domestic currencies to a certain quantity of gold. National money, as well as other forms of money (such as bank notes and deposits), was freely converted into gold at the predetermined price. England implemented a de facto gold standard in 1717 and […]
After months and months struggling against stocks, currencies, and many hardships, gold is finally seen some gains. The precious metal hit one-month high after the Chinese stock market crash. Investors, mostly at the Asian markets, are worried about the actual China’s situation. There is too much uncertainty on the air. This financial crash is now […]
The internet, as the freer expression media, works as the main channel to many economists and financial experts who are totally disagree with the actual measures and policies of the bigger financial entities in the world, as the Federal Reserve, the International Monetary Fund, the World Bank, the European Central Bank and others similar whom have […]