Economy

During March, the value of the USD reached a three-and-a-half-year high against the world’s other most tradeable currencies. Traders flocked in droves to the safety of the dollar due to the devastating effects of the coronavirus pandemic. However, as a direct result of the slow response to the virus, the US’s economic recovery is being […]

Central bank digital currencies are essentially a cryptocurrency issued by a government. This digital representation of the country’s fiat currency is designed to replace physical, fiat currencies. The implementation of CBDC requires the issuing central bank to make several critical decisions. Perhaps the most crucial decision is whether the digital currency will be made available […]

The action of the markets continues to confound financial professionals. The economy in the United States is in the worse shape it has been in since the early years of the 20th century, and stock prices are soaring. The government continues on a borrowing spree. The amount of borrowing may hit an all-time record of […]

This year, 2020, has not been good for many things, but it has been good for gold. Gold prices have not been as high as they are today since 2011. The pandemic has driven investors to flee to safe havens, and there does not appear to be any signs of early abatement. To exacerbate the […]

This summer has seen a dramatic rise in the price of gold. According to Nick Piquard, portfolio manager at Horizon EFT, the upwards movement in the price of gold may be an indication that the market is beginning to lose confidence in the United States dollar, which at the moment is the world’s reserve currency. […]

With the current confusion in markets, it is easy to forget that early in the coronavirus pandemic, the price of gold was in freefall. It was strange, to say the least; the virus sparked a collapse in the global economy, but at the same time, the 2020 pandemic soon showed itself to be the driving […]

In times of need, governments have taken on debt and then printed money. By printing money, two things happen. The value of the currency falls, and as a result of inflation, so is the debt. Printing money creates inflation. Inflation, in turn, decreases the value of your dollars, be it investments, savings, or just the […]

While stock markets in the United States, Europe, Asia, and elsewhere continue to tick into uncharted territory, another asset class has come to the attention of investors; gold. The price of the precious metal has been inching up steadily, breaking the psychological barrier of $1,800 an ounce earlier in July. Gold has not seen these […]

At the beginning of the July 13 trading week, silver futures enjoyed a new high-water mark, the highest in nearly four years. The hike in settlement price is down to a sharp increase in demand as the metal continues to play catch up with gold. Adrian Ash, research director art BullionVault, suggests the reason may […]