Why Do Central Banks Keep Buying Gold?

Why Do Central Banks Keep Buying Gold?

In many ways, gold acts as a barometer for the value of foreign exchange instruments. Since the early 2000s, the price action in the gold market has been telling us that all currencies have been losing value compared to the precious metal.
December 6, 2019 0 Comments
Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one

Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one

“Given the high valuations I see, plus these divergences between many different indices, I am aware that many bull markets have ended with a rally similar to what we have seen since August,”
December 4, 2019 0 Comments
'Smart money' continues to choose gold - Mitsubishi

'Smart money' continues to choose gold - Mitsubishi

“Illustrating lingering macroeconomic concerns, the importance of diversification away from dollar assets and tail risk hedging, central banks around the world have continued to be net buyers of gold: November saw Turkey, Russia, Poland and newcomer Serbia (which bought 9 tons of gold) all add to their holdings of the yellow metal,” Butler wrote.
December 3, 2019 0 Comments
A Silver Price Forecast For 2020 And 2021

A Silver Price Forecast For 2020 And 2021

However, this is not a raging bull market, it is in an early stage in 2020 and might start picking up in 2021. Silver’s price has an upside potential of 30% ($22/oz) in 2020, and an upside potential of 65% ($28/oz) in 2021.
November 21, 2019 0 Comments

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