The Brexit crisis in the UK was expected to draw in more gold investors looking to hedge their wealth. So far, there seems to be a low appetite for gold amongst UK investors which goes against expectations.
Category Archives: Global Economy
The Most Epic Political Campaign Ever
Politicians have like to promise that they will do things to make people’s lives better. They may throw in numbers and promise bigger and better and more of something that the country lacks. People vote because they hope that the party or person they are voting for will live up to their word but they seldom do.
Why do countries hoard gold
Countries may have moved away from the gold standard but many central banks still hold significant reserves of this precious metal. Central banks are always looking to increase their gold and add millions worth of gold bullion to their reserves. If central banks are hoarding so much gold this begs the question why would banks hoard “non-yielding” asset instead of stocks and government bonds that generate regular interest and do not require a lot to store. It seems that gold is used by many countries as a security blanket and also as a way to show off their accumulated wealth.
Is Bitcoin The New Gold?
With so much surrounding Bitcoin and the whole Cryptocurrency concept, a lot of people have begun comparing an investment in gold to investments in cryptocurrency. Before going further, it should be noted that these two are extremely different. Gold is essentially a physical store of value that will last a lifetime. Bitcoin, on the other hand, is speculative. The only way that these two might be similar is that they both subscribe to the rule of supply and demand. When there is a problem with supply numbers not meeting demands, the price of gold or Bitcoin will be affected.
How the Trump-North Korea Situation is Stimulating Gold
In the last few weeks, there has been a lot of tension in the Pacific as the Trump Administration decided to mobilise military forces near to the Korean Peninsula, a region that has always been hot.
The Turkish Precious Metal Market
The precious metal market in turkey in 2012 aroused the interest of the world partly due to the demand stemming from the Turkish market which astounded traders coupled with a rumour that Turkey was prepared to trade the precious metal with crude oil from Iran despite international sanctions.
Dubai’s Investors and Gold Fans Are Seeing Opportunities in Falling Prices
For every penny gold goes down, there is a whole crowd of people trying to get the most. Trump’s victory didn’t stimulate the gold market as many experts expected. In fact, the precious metal dropped to its lowest point in five months.
Trump’s Victory Didn’t Have the Expected Outcome for the Gold Rally
After Donald Trump’s victory at the US elections held during past November 9, the gold market reacted in a way that defied many hypotheses from outstanding experts in the financial sector.
Are India and China Leading the Gold’s Bullish Market by Themselves?
Knowing exactly why gold is going up these days is a hard thing to accomplish. Many factors are involved in this confusing scenario.
Druckenmiller says to Replace Stocks with Gold
There are abundant reasons to stay away from the stock market these days. If you don’t have enough time and are not willing to dedicate your focus on charts and business news, stocks may not be the right investment for you.
