News that impacts gold and silver.
On September 13, 2017, Mexico’s Chamber of Deputies met to discuss a potentially world-changing event regarding precious metals—specifically silver. Mexico has had a history of using silver coins as currency before converting to the peso, which has been steadily losing its value against the US Dollar over the past forty …
If there was ever a time when the world is sending mixed signals, it’s now. The DOW is at all-time highs and seemingly unstoppable. Economic growth, as measured by GDP, hit 3%. Tax reform seems to finally be a possibility, which, if done correctly, would enable continued economic expansion. Then …
Gold has long been viewed as a safe haven asset during times of economic and geopolitical uncertainty. As we look around the world today, there certainly is a measure of both of those. The question many gold and silver holders ask is, “why haven’t the metals moved up in price …
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 …
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 …
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 …
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 …
It was announced today that fourteen large retailers besides J.C. Penney are closing many of their brick-and-mortar stores. What does that have to do with the future spot price of gold and silver? A lot. It comes down to one word. Technology. The world is undergoing nothing short of a …
An interesting development has occurred in the markets that would suggest a sustained, multi-year rise in gold and silver prices is indeed around the corner. This week Fed chair Janet Yellen signaled what the FOMC’s intentions are on future interest rates. Prior to the meeting, some analysts were looking for …
