Author: Admin
Since the United States abandoned the gold standard in 1971, the U.S. dollar has lost 87% of its purchasing power. The US dollar’s decline highlights the fundamental value proposition of physical precious metals as a store of value and hedge against currency debasement. The Nixon Shock and Its Lasting Impact On August 15, 1971, President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, effectively ending the Bretton Woods system. This momentous decision, the “Nixon Shock,” fundamentally transformed the global monetary system. Before this decision, the U.S. dollar, backed by gold,…
GBP/USD is holding steady after losing the 1.3600 handle.Key UK labor data and US inflation figures from Q2 are on the offer in the days ahead.GBP/USD still leans firmly bullish, but a near-term ceiling may be priced in.GBP/USD Held steady within recent consolidation on Monday, testing the waters near 1.3550. Cable traders are bracing for a fast one-two punch of UK and US data over Tuesday and Wednesday, and trade-related headlines continue to loom over market sentiment, further crimping momentum as investors hope for a cooldown in the US’s latest broad tariff tensions with China.Trade talks are underway in London…
U.S. stock futures slipped on Sunday, following a positive week for Wall Street and ahead of renewed trade talks with China set for Monday.
At RMIT University in Melbourne, a team of researchers has developed a type of gold-based ink that changes colour depending on how it’s viewed. This is thanks to a phenomenon known as surface plasmon resonance — the way gold nanoparticles interact with light at different angles. These nano-enabled inks could be printed onto labels or packaging to create unique visual signatures that are incredibly difficult to replicate. While still in development, the technology holds strong potential for sectors where provenance and product trust are paramount, such as Australian wine, honey, and designer fashion.The CSIRO has also explored the use of…
Highlights include US CPI, China inflation and trade data, UK jobs, GDP and spendingreview Newsquawk Week Ahead: 9th-13th June 2025 MON: Japanese GDP R (Q1), Chinese Inflation (May), Chinese Trade Balance (May), EZ Sentix Index (Jun), US EmploymentTrends (May) TUE: EIA STEO, UK Jobs Report (Apr), Swedish GDP (Apr), Norwegian CPI (May) WED: ECB Wage Tracker, US CPI (May), UK Spending Review THU: UK GDP (Apr), US PPI (May) FRI: French/Spanish Final CPI (May), EZ Trade Balance (Apr), University of Michigan Survey (Jun), Quad Witching CHINESE INFLATION (MON): Expectations are for Y/Y CPI to slow further to -0.2% from…
A Social Security “war room,” threats to shut the agency, worker buyouts and a restraining order — here’s a timeline of what has taken place so far this year.
Gold has historically symbolised prestige and luxury, with ownership of the asset conveying status and wealth. This lasting connotation explains why gold is a good long-term investment now and why that’s been the case for centuries. Gold still holds cultural significance today in many countries, largely India and China, where it is gifted by families at times of betrothal, marriage and birth. To this day, gold remains a go-to asset in times of uncertainty. Read on to find out why gold is a smart investment for the long term. Gold has doubled in value in the past 10 years Looking back just…
Selling gold jewellery can feel like walking on a tightrope; one misstep, and you might walk away with far less than your gold is worth. If you’ve inherited a few vintage items tucked away in a drawer or you are holding on to gold that exudes sentimental value, turning gold to cash should not be complicated. Yet a lot of people tend to rush into a sale without understanding how much their jewellery is truly worth. We, at Cash Your Gold, have created a comprehensive guide to help you sell your gold jewellery in Brisbane. Using this guide will help…
Eur/Usd Parity Horizon As early as April, the avalanche of storm clouds began to appear on the Eur/Usd parity horizon. I wrote in previous articles that the energy crisis, out-of-control inflation, and fast-rising interest rates would propel the USD against the other majors. Still, the most significant damage was to the Eur/Usd pair. Ukraine Invasion Sadly, Putin’s Ukraine invasion directly affects the entire European continent. But unfortunately, the collateral damage is also worldwide. Uncertainty is a market killer; nothing will spook markets more than fear of the unknown. Couple that with some of the highest energy prices we have ever…
Taco Tuesday is becoming Taco Everyday, analysts say. But not every publicly traded Mexican chain has fared well on Wall Street lately.