Banking, Business

“Cut Stocks, Buy Gold, Hold Your Cash, JPMorgan’s Kolanovic Says”

“A debt-ceiling negotiation that remains in limbo, elevated recession risks and a hawkish Federal Reserve stance are just a few of the reasons JPMorgan Chase & Co.’s Marko Kolanovic is advising clients to further dump equities and hold onto cash.… Continue Reading…

Business, Precious Metals

“Gold Miners Newmont, Newcrest Extend Takeover Talks by a Week”

“Talks to secure the biggest ever gold-mining deal will be extended after Newmont Corp. and Newcrest Mining Ltd. failed to reach a binding agreement in the time originally allotted… Newmont, the world’s biggest gold miner, made a non-binding offer to… Continue Reading…

Economy, Precious Metals

“Central Banks And Unknown Buyers Are Scooping Up A Record Amount of Gold”

“EDITOR’S NOTE: If all you listen to is mainstream financial news, all you’ll hear about are the “fashionable” narratives that, though intriguing, may mean zilch at the end of the day. So, you heard about gold’s plunge in October in contrast to… Continue Reading…

Precious Metals

“Palladium steadies from record high on Ukraine crisis”

“Palladium briefly reached a record high on Monday amid fears of supply disruptions in the wake of an escalating Russia-Ukraine crisis. Spot gold rose 1.5% to $1,997.91and briefly scaled the $2,000 mark, an all-time high since Aug. 19, 2020. U.S. gold futures rose about… Continue Reading…

Precious Metals

“Investors Could See Gold Prices Hitting Over $2,000 In 2022”

“EDITOR’S NOTE: Market sentiment and fundamentals are the only two factors that count when it comes to gold prices. The problem is that they’re often not in sync. Neils Christensen is wagering his bullishness on sentiment, based mostly on his… Continue Reading…

Precious Metals

“Goldman Sachs Forecast: Gold Price Rise To $2k By End of Year”

“EDITOR NOTE: Yet another major financial player is bullish about the gold price forecast in the near future. Analysts from Goldman Sachs say that they “See XAU/USD moderately higher amid a weaker USD and emerging market demand recovery.” They also… Continue Reading…

Economy, Precious Metals

“Mobius Says Hold 10% in Gold as Currencies Will Be Devalued”

“Veteran investor Mark Mobius said investors should have 10% of a portfolio in gold as currencies will be devalued following the unprecedented stimulus rolled out to fight the coronavirus pandemic. At this stage, “10% should be put into physical gold,”… Continue Reading…

Precious Metals

“The Next Black Swan Event: Palantir Hedges with Gold Bars”

“EDITOR NOTE: Tech billionaire Peter Thiel’s Palantir Technologies Inc. just spent $50 million to stock up on gold bars in August to protect themselves against a “black swan event.” This is a severe, unpredictable economic event that has a massive… Continue Reading…

Precious Metals

“How to Trade Gold (Beginner’s Guide)”

“Like many precious metals and other commodities, the value of gold changes constantly, because it trades on public exchanges where the price is determined by supply and demand. The reasons people buy or sell gold, which creates the demand and… Continue Reading…

Economy, Precious Metals

“Gold Drops Exceedingly; Fed Ducks Reality”

“Having settled the week exceedingly down 6.2% at 1764, Gold is now priced by the market at but 46% of its currency debasement value (as measured by the StateSide “M2” money supply) of 3870, even as adjusted for the increase in the… Continue Reading…