Energy, gas and fuel. What all affects the price of gold? 16. 11. 2021 What is the real price of gold? Why does it retain value and why does its price rise with the rate of inflation? Precious metal is often said to be a safe haven for finance and a store of value. It protects your money in economic crises ... Read on
Next year, gold may reach USD 2,200 per ounce. Banks bought record amounts 19. 10. 2021 Investing in gold is one of the safest and, in the long run, one of the most profitable investments. Saving assets into precious metals is undoubtedly a wise decision, as is known to central banks, which ... Read on
The man who made the greatest deal of all time encourages to invest in gold 03. 09. 2021 John Paulson rose to prominence during the mortgage crisis of 2007–2008, when the economy plunged deeply for the next few years and Lehman Brothers collapsed. At the time, he predicted that housing-related financial assets would also collapse. He and his fund ... Read on
The end of the Bretton Woods System: How does the society pay for President Nixon 19. 08. 2021 It has been almost fifty years since the American (and hence the global) economy turned a hundred and eighty degrees the moment the then most powerful man in the world, Richard Nixon, ended the Bretton Woods System while definitively moving the US dollar away from ... Read on
Goldman Sachs predicts up to 38% rise in gold price 26. 07. 2021 The Central Bank of the United States of America (FED) has quite possibly been wrong. In their predictions, they considered rising inflation a momentary phenomenon that soon goes away, like a mild cold. But according to current forecasts, the current economy is ... Read on
Pension funds in Western Europe will increase their gold reserves 29. 06. 2021 Pension fund investments are undergoing change. Research shows that they are beginning to diverge from hedge funds and include more physical gold in their portfolios. What will retirement savings continue to look like? Read on
Scissors between physical and paper gold are opening. The change is coming from Switzerland 16. 06. 2021 Purchases of gold are changing, especially for banks. European banks will be bound by a set of new regulations known as Basel III, which will affect the market with precious metals, from 28th June (and banks in the United Kingdom from ... Read on
Purchases of physical gold have been growing significantly 27. 04. 2021 The demand for physical gold has been increasing substantially, mainly on the part of Asian giants – China and India. Due to the receding coronavirus pandemic, strong economies are buying precious metal in order to ensure themselves against the economic consequences of ... Read on
Hungary is increasing its gold reserves. Thus, they protect themselves against the economic impact of coronavirus 21. 04. 2021 The Hungarian Central Bank, the MNB (Magyar Nemzeti Bank), has increased its gold reserves as a part of its long-term investment plans. Its ownership of the precious metal rose from 31.5 tons to 94.1 tons. Hungary has been increasing its investment in gold ... Read on
President of the Central Bank: “Gold represents the strength of our country!” 16. 04. 2021 Poland will buy at least 100 tons of physical gold. They want to protect themselves against the economic effects of the coronavirus crisis. At the same time, according to the president of the Central Bank, Adam Glapinsky, this purchase should clearly ... Read on
