Precious Metals Continue To Offer Opportunity For Those With Patience

Precious Metals Continue To Offer Opportunity For Those With Patience

Precious metals have been watching the dollar and interest rates over recent months, and they are getting conflicting signals. The dollar index tanked throughout 2017, and at the start of 2018, the selling continued. The recent rise in the price of precious metals from the middle of December has been a reflection of the diving value of the dollar against other world currencies, particularly the euro.

Gold Hits Three-Month Peak After Late December Rally

Gold Hits Three-Month Peak After Late December Rally

Gold hit its highest since late September on Tuesday, extending a year-end rally that saw the metal rise 4.4 percent in the last three weeks of 2017, as a further retreat in the dollar drove prices above $1,310 an ounce. Palladium prices meanwhile bounced to a new 17-year high, within $5 of their all-time peak, as tightening emissions controls and a swing away from diesel cars in Europe fueled fears of a shortage of the…

Gold Steadies Ahead of Raft of Central Bank News

Gold Steadies Ahead of Raft of Central Bank News

U.S. Fed, Bank of England, Bank of Japan meet this week Trump to announce Fed chair, with Powell tipped for post Gold steadied on Monday as traders stayed on the sidelines before this week’s central bank meetings and policy news, including President Donald Trump’s expected announcement of the next Federal Reserve chair. The U.S. central bank kicks off a two-day policy meeting on Tuesday, while the Bank of Japan and Bank of England also meet…

Secret of Gold Finally Found: Precious Metals Are Forged in Cataclysmic Collision of Neutron Stars

Secret of Gold Finally Found: Precious Metals Are Forged in Cataclysmic Collision of Neutron Stars

The secret of creating gold has fascinated alchemists for thousands of years, but now scientists have finally solved the mystery. Precious metals are forged in the cataclysmic collision of neutron stars and then flung out into the universe where they eventually aggregate with other stardust into larger bodies, like planets or comets.

Fake Coin Companies Shut Down by SEC

Fake Coin Companies Shut Down by SEC

Last week, the Securities and Exchange Commission charged two precious metals offering schemes with defrauding investors. These two companies, REcoin and DRC World, are owned by businessman Maksim Zaslavsky. In a statement, the SEC accusing Zaslavsky of selling unregistered securities and coins that don’t exist to unsuspecting investors under these companies.

Time To Go For The Gold?

Time To Go For The Gold?

Since the beginning of 2017, gold has traded on an upward trend, with a high correlation to the Trump stock market rally. You may be surprised that in the eight worst stock market corrections since the early 1970s, gold is not always a “safe haven”. This article assesses the relative attractiveness of gold as an investment today to preserve portfolio value should a market correction occur. Many investors I have spoken with recently share a…