Gold and Oil Rally Amid Escalating Ukraine Tensions
As the Russia-Ukraine conflict escalates, gold and oil prices surge while the euro weakens. Gold rose 5.4% this week to $2,688 an ounce, and Brent crude gained 4.5% to $74.29 a barrel. The U.S. dollar reached a two-year high as poor economic data and rising European gas prices pressured the euro. Tensions heightened after Russia […]
Pound Plunges to 6-Month Low as UK Economy Falters
The British pound tumbled to its lowest level against the dollar since May, following weak economic data. November’s business output shrank for the first time in over a year, while October’s retail sales fell more than expected. This economic weakness may force the Bank of England to consider more aggressive rate cuts than previously anticipated.
Escobar: The BRICS Spirit Is Alive And Well In South Africa
Escobar: The BRICS Spirit Is Alive And Well In South Africa Authored by Pepe Escobar, At the APEC annual summit in Lima, Comrade Xi Jinping was practically coronated as the King of Peru, as a lively moveable feast celebrated the brand new $1.3 billion Chancay-Shanghai Maritime Silk Road across the Pacific. There could hardly be […]
Visualizing 80 Years Of The Gold-to-Oil Ratio
Visualizing 80 Years Of The Gold-to-Oil Ratio Gold and oil – two of the most influential commodities on the planet – have a fascinating relationship that has evolved over decades, captured in the gold-to-oil ratio. The gold-to-oil ratio represents the number of barrels of crude oil equivalent in price to one troy ounce of gold. […]
China Strikes Gold: 300-Tonne Deposit Found in Central Province
China has unearthed a massive gold deposit worth $83 billion in Hunan province. Geologists discovered over 40 gold veins containing 300 tonnes of gold within 2,000 meters depth at the Wangu gold field. This find could significantly boost China’s gold production, which currently accounts for 10% of global output. The Hunan Academy of Geology predicts […]
The Magic Of Classic US Gold & Silver Coins
The Magic Of Classic US Gold & Silver Coins By Jesse Colombo of The Bubble Bubble Report Most gold and silver investors begin their journey by purchasing modern bullion coins, such as the American Gold and Silver Eagles from the United States Mint—a practical and popular way to invest in precious metals, and how I […]
Gold Shines as Tech Stocks Stumble: Four-Day Rally Continues
Gold prices continued their upward trend for the fourth consecutive day, driven by increased safe-haven demand amid disappointing tech earnings and ongoing geopolitical tensions. Spot gold rose 0.6% to $2,665.31 per ounce, with bullion up 4% for the week. Analysts attribute the surge more to falling stock markets following Nvidia’s underwhelming forecast than to the […]
UBS Favors Gold Over Bitcoin as Hedge, Cites Lower Volatility
UBS Global Wealth Management’s chief investment officer, Themis Themistocleous, advises that gold is a more effective hedge than Bitcoin due to its lower volatility. Despite Bitcoin’s recent rally, UBS cannot recommend it to private clients, citing its extreme price fluctuations. Themistocleous suggests that traditional hedges like gold offer better portfolio protection with less risk.
Missiles, Michelle, & Missed Targets Spark Stock Dump’n’Pump; Bitcoin & Gold Jump
Missiles, Michelle, & Missed Targets Spark Stock Dump’n’Pump; Bitcoin & Gold Jump Geopolitically, more missiles were reported to have been sent into Russia overnight and that dragged stocks down early… and the micro and the macro kept stocks down for most of the day. Late on, buyers appeared as FOMO spread ahead of NVDA’s earnings. […]
New Research Highlights Silver's Strategic Role in Diversification
A new report commissioned by the Silver Institute suggests that institutional investors should allocate 4-6% of their portfolios to silver for optimal diversification and risk reduction. The study, conducted by Oxford Economics, highlights silver’s low correlation with other asset classes and its potential for strong returns, especially given its growing industrial applications in green technologies.