Monday , September 23 2019
Home / Tag Archives: Investing (page 20)

Tag Archives: Investing

Gold and Guns

It’s no secret that 2017 was a down year for the precious metals market in the United States. Looking at US Mint sales figures tells the story. In 2016, the mint sold nearly 1 million ounces of American Gold Eagles. Sales figures in 2017 came in at just over 302,000 ounces.Meanwhile, demand for gold surged in China last year. Imports of gold into India increased. So, what’s up with America?In two words – Donald Trump.As ETF analyst Doug Eberhardt pointed out in a recent article he penned...

Read More »

Chinese Gold Consumption Surged in 2017; Production Fell

Gold consumption in China grew 9.41% in 2017, according to information released by the China Gold Association. Gold jewelry demand, especially in poorer regions, helped drive overall demand higher.The Chinese consumed 1,089 tons of the yellow metal last year. The called the surge in demand “a big turnaround” after a 6.7% slump in 2016. For the fifth straight year, China held on to its ranking as the world’s number one gold consumer.Demand for gold jewelry was especially strong, rising...

Read More »

Hedge Your Bitcoin Position With Gold

The price of Bitcoin fell below $10,000 this week. It rallied once again and pushed back above that key level, but turmoil continues to plague the world of cryptocurrencies.We’ve been advising a diversified approach to crypto investing. Recently, Franco-Nevada president and CEO made a similar recommendation.If you need to hedge your Bitcoin position, buy gold.”And now might not be a bad time to hedge.There continues to be news of government regulatory crackdowns on Bitcoin and other...

Read More »

When There’s Stock Market Volatility, Gold Is the Place to Hide

The Dow Jones suffered its biggest one-day drop since August on Tuesday, falling 363 points. The Dow has lost 540 points in two days, the biggest decline since September 2016.According to analysts quoted by CNN, fear of a tanking bond market is one of the main factors behind the stock market dip.The bond market has been selling off lately. That’s raising fears that the era of extremely low bond rates — which has been very good to the stock market — could soon be over.”CNBC had a similar...

Read More »

Peter Schiff: The Price of Gold Is Going to Soar (Interview)

Peter Schiff recently attended the Vancouver Resource Investment Conference. While he was there, he did an interview with Daniela Cambone of Kitco News.Peter and Cambone talked gold, and Peter said he thinks the yellow metal is set to soar, despite the sentiment that Federal Reserve Rate hikes will hold gold down.Gold has not really rallied. It’s been going up, right? But it’s been creeping higher. Now, everybody expected it to fall. Everybody believed that as soon as the Fed hiked rates,...

Read More »

What’s Up – Or Down – With the Dollar? SchiffGold Friday Gold Wrap 01.26.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.This week, host Mike Maharrey talks about the crazy mixed messages coming out of the Trump administration on the dollar. The greenback has tanked and gold is up. But is this really all about what Trump is saying, or is there something more fundamental afoot? Maharrey also discusses Housing Bubble...

Read More »

Cryptocurrencies Are No Substitute for Gold

The World Gold Council has weighed in on the cryptocurrency vs. gold debate. Unsurprisingly, the organization came down on the side of the yellow metal. But despite whatever bias you might perceive, the WGC report is certainly worth considering.The World Gold Council is not necessarily negative on Bitcoin, saying “cryptocurrencies may become an established part of the financial system.” But the WGC does make a strong case that cryptos will not replace gold. Its analysts argue that while...

Read More »

Crypto Crah and a Rush to Gold: SchiffGold Friday Gold Wrap 01.19.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.This week, host Mike Maharrey talks about the week’s crypto crash and the rush into gold. He also covers some gold supply fundamentals and the troubling disparity between the growth of global debt and wealth.Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political...

Read More »

Crypto Crash Sparks Rush into Gold

The crypto crash earlier this week sparked a run to gold.Regulatory concerns set off the panic. Bitcoin fell below $10,000 for a time, and other cryptocurrencies saw precipitous drops. Crypto markets appeared to have stabilized Thursday morning, with Bitcoin back up over $11,000.The sudden plunge served as a reminder of the extreme volatility in the cryptocurrency markets. Bitcoin has seen swings of $10,000 over the last three months. As Bitcoin’s price fell through the floor this week,...

Read More »

Crypto Crash

Bitcoin dropped below $10,000 for a short time Wednesday (Jan. 17) as a selloff sparked by increased talk of government regulation spooked the market.Over the last 24 hours, more than $36 billion of value was wiped off of the cryptocurrency. Other cryptos including Ethereum and Ripple also dropped precipitously. According to CoinMarketCap, Ethereum dropped below $1,000 Tuesday, falling more than 20%. Ripple fell almost 23% t to $1.08.This kind of wild price swing isn’t unusual in the...

Read More »