Gold, Silver, Economics, Geopolitics...
Gold continues to show just how important of a role it plays in today’s complex, modern, global, geopolitical, and financial world. After reaching a high near $1,300 per ounce last month, it retraced some of those gains, falling back to near $1,200 last week. A slight ease in the war …
With the boom in FinTech, there are many new buzzwords entering the dialogue that describe the future of money and banking. One of those words is “friction.” Just what is this friction? Broadly defined, financial system friction is anything that impedes the process of accessing financial assets (money/investments) or services …
Yes. It can. There are thousands of new applications that companies are applying DLT (Distributed Ledger Technology) to. They range from smart contracts that hold government officials accountable, to digitizing ownership of almost everything that has value in the economy. Of all of those applications, one of the most exciting …
April, Financial Literacy Month, is often seen by those in the financial sector as an opportunity to educate people on how to manage their money within an existing financial system. At OWNx, we take a different approach by helping you understand what the role of gold and silver will be …
The outlook for the price of gold and silver continues to remain choppy over the next several months. Several factors are influencing the outlook. Seasonal factors: Historically, the price of gold and silver tends to flatten out over the summer months and regain strength in the fall when India’s festival/wedding …
Gold and silver have had a nice run this week and the price of gold reached a five month high today. There are many factors contributing to the recent sustained strength. Geopolitical tensions remain on edge with the United States and Russia at odds over recent developments in Syria. Gold …
Corruption is destructive to any society where it is present. That is a given. Most people are beginning to understand that corruption in general is more widespread than they imagined. The question is, what if anything can be done about it? By definition, corruption is abuse of power for personal …
The financial world is changing at a pace that is mind boggling. The problem for those living in the West is – the change is occurring well outside of the “global financial capital of the world,” which we naively consider to be New York City. Nope. It’s happening in of …
Today marked both the month and quarter end closing price for gold and silver. For those who watch technical indicators and moving-day averages, the failure of gold to close above the 200 day moving average at $1,262 indicates that a major upward move in gold may have not yet begun. …
Within the FinTech world, there is a great deal of activity in the cryptocurrency space and there will be for the foreseeable future. Incubator labs around the world are designing new types of currencies. The last thing any of them want is to discover that they missed a variable that …
