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In this week’s Live from the Vault, Andrew Maguire is joined by silver market veteran Peter Krauth to break down the latest developments in the silver sector. With physical supply tightening, inflationary pressures mounting, and industrial demand surging, silver is emerging as one of the most undervalued assets in today’s financial landscape. See more episodes of Live from the Vault The US Silver Market: A Reliance on Imports Despite being a key player in global finance, the United States produces only 25% of the silver it consumes, relying on imports for the remaining 75%. With most of these imports sourced from…
In recent times, there has been a noticeable increase in interest in gold investments, driven by inflation, geopolitical tensions, and economic instability. Gold can be invested in various ways, including gold IRAs, gold stocks, or the more traditional route of purchasing gold bars and coins. If you’re contemplating buying gold bars or coins in 2024, it’s crucial to understand when this might be a prudent choice. Here’s a detailed guide to help you decide. The Appeal of Tangible Assets One of the main advantages of buying physical gold is its tangibility. Unlike stocks or bonds, gold is something you…
This last week we saw some significant reversal activity in the Forex market. For weeks, the USD had pounded (no pun intended) on most majors with no end in sight. The question on everyone’s mind: Can the USD reversal momentum continue, or is it just a knee bend before the next upward spike? Consider The Technicals Technically speaking, the charts are giving us some clear indications. But, unfortunately, it’s as clear as mud. On the one hand, it’s been vastly overbought these past few weeks, and yet, depending on your chart time, we haven’t gotten close to our first Fibonacci retracement…
Nvidia is a significant investor in CoreWeave, and also sells the cloud company a lot of chips.
Do you have a pile of unused scrap metal sitting around? Looking to turn that metal into cash? Our family-owned precious metal refinery is here to help you do just that. Imagine the satisfaction of easily transforming scrap metal into profit with just a few simple steps. In this article, we explore why choosing our New York refinery is the right choice, walk you through the process of selling scrap metal for cash, and share how you can stay up-to-date on real-time precious metal prices if you’re considering selling. Don’t let your scrap metal go to waste – let us…
This month, Bloomberg revealed that China’s Shanghai Gold Exchange (SGE) plans to open a new bullion vault in Hong Kong – a landmark expansion that goes far beyond just opening a new physical storage vault – but that represents a strategic move to enhance China’s gold trading infrastructure and strengthen the SGE’s role in global gold price discovery. Not forgetting that the SGE is a state-owned entity, established by and operating under the direct supervision of the China’s central bank, the People’s Bank of China (PBoC), the SGE’s three primary strategic roles are to develop the domestic Chinese gold market,…
USD/CHF depreciates amid increased safe-haven demand following increasing concerns regarding slow growth and renewed inflation in the US.Trump plans to boost import tariffs from 25% to 50% to secure the US steel industry.The Swiss National Bank is widely expected to bring interest rate to zero in June’s policy meeting.USD/CHF continues its losing streak for the third successive session, trading around 0.8210 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US). US President Donald Trump threatened to double…
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the market by driving oil prices lower.
Key Takeaways Gold and stocks should not be viewed as mutually exclusive. Instead, they complement each other within a diversified portfolio. Diversification is crucial. Spreading your investments across different asset classes, such as gold and stocks, can help manage risk and improve potential returns. Both gold and stocks can potentially deliver positive returns over the long term, making them valuable components of any investment strategy. In an ever-changing financial landscape, making the right investment decisions is crucial for achieving your long-term goals, whether saving for retirement, buying a home, or planning for your children’s education. This article will explore the…
The evening opened with a Welcome to Country delivered by Johnathan Ford of Kambarang Services, followed by a brief address from GIG Chair and Westgold Resources Managing Director Wayne Bramwell, who acknowledged the sector’s record-breaking year and the Group’s ongoing commitment to education, engagement, and industry leadership.“At GIG, we’re proud to connect people to the gold industry — to showcase its value and invest in its future,” said Mr. Bramwell. “From education programs in schools to employment pathways that support future careers, GIG is helping shape a long-term, sustainable future for gold in Australia.”Guests enjoyed a lively panel discussion hosted…