Crude oil and gold Crude oil and gold are both commodities that serve as beacons for hard asset investors. There’s a correlation between crude oil and gold that we should recognize. Considering both commodities have a common denominator value in U.S. dollars, that serves as a measure of inflation. Powering […]
The Price of Platinum Platinum’s discovery was dated back to 700 BC and found in the famous casket of Thebes, an Egyptian sarcophagus. Moreover, the Natives Americans viewed the metal as a problem since it got in the way of gold mining. By 1774, platinum established as a transition metal […]
In continuing worry of the Chinese / US trade wars, the markets over the past two weeks have been gripped by a classic deflationary fear response: stocks have sold off, and all safety assets – whether real (gold) or paper (currencies and bonds) – have seen inflows. As precious metals […]
The last two weeks have been dominated by concerns over the ongoing trade wars between the United States and China. While an increase in tariffs from 10% to 25% on $200 billion of Chinese products entering the US was announced by President Trump last Friday (May 10). It seems to […]
Silver fell by $0.19 cents or 1.3% to close at $14.79 as of the final trade on the New York COMEX on Friday afternoon. Amidst gold’s 0.5% gain, the gold to silver ratio rose by 1.8% to 87.0 ounces of silver required to purchase one ounce of gold by the […]
