The recent selloff pushed prices down significantly, but they rebounded relatively quickly. In yuan terms, the price seems to have built support around ¥1,000 per gram.
Maharrey notes that gold and silver often decline alongside other assets in the early stages of market stress because investors liquidate positions to cover margin calls and other losses.
Have we ever seen an oil crisis lead to a severe recession with soaring prices at the same time—an unusual concurrence? We don’t have to look that far back to recall the years known as “stagflation.”
Billions of dollars have already been spent on this unprovoked attack, and when the smoke clears – if it does – we may see hundreds of billions or more wasted on yet another Middle East war.
Gold is going to become increasingly important as the deglobalization and de-dollarization trend that took off last year continues to gain steam, according to a recent report.
For gold, it turns out this war is almost as uplifting for prices as it is for oil prices. That’s because a large volume of gold is shipped by air over this region...
Why has Canada been behaving like many commodity-rich but underdeveloped countries in Central and South America and Africa -- rich countries insisting on being poor?
