Economy


Covid-19 Continues to Take a Toll on the U.S. Economy
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Author: Michael Stern

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 […]

17 Aug 2020
Is Silver Ready to Overtake Gold?
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Author: Michael Stern

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 […]

12 Aug 2020
U.S. Dollar Reigns as World’s Reserve Currency May Be in Question
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Author: Michael Stern

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. […]

5 Aug 2020
The Rally in Gold Prices Indicate the Global Economy Is in Trouble
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Author: Maria Andretti

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 […]

4 Aug 2020
Bitcoin as a Hedge Against Inflation
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Author: Maria Andretti

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 […]

27 Jul 2020
Gold Has Surged, and It Could Just Keep Going
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Author: Maria Andretti

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 […]

23 Jul 2020
Is Silver Playing Catch-up with Gold?
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Author: Michael Stern

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 […]

15 Jul 2020
Gold Leaps above $1,800 as Traders Move into a Safe Haven
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Author: Maria Andretti

Fears of an economic hit from COVID 19 have driven the price of the safe haven asset to a nine-year high. The price of gold rose to more than $1,800 an ounce this week for the first time in nine years. Available data shows that investors have stashed a record amount of cash into funds […]

10 Jul 2020
Although There Is Chaos on the Streets, the Stock Market Is Up
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Author: Maria Andretti

The world is trying to deal with the effects of a pandemic. As well as the pandemic, the US is also facing racial strife and political upheaval. Nevertheless, even with all this chaos, the stock market continues to rise. Although this is 2020, the year somewhat echoes the events of 1968. Both years, 1968 and […]

5 Jun 2020