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Between 1969 and today, the dollar’s purchasing power relative to gold declined by 97.3% (the blue line). By banning gold from having any monetary role, the US removed price stability from the dollar. More recently, since the great financial crisis the quantity of fiat money in the global...
gold is still obscene -- but not nearly as obscene as it was back on March 8...the 2022 highs in both gold and silver. After Friday's price action, its only a guess if they added to their short positions on those big rallies in both. ...
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SEATTLE (Scrap Monster):The Directorate of Revenue Intelligence (DRI) officials seized nearly 13 kilograms of gold worth approximately INR 5.44 crore from 18 different passengers who arrived at the Chennai International Airport Thursday. The passengers had arrived from Malaysia, Colombo and Dubai. ...
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Today we will get the Unemployment Claims and Philly Fed Manufacturing Index releases. We will also have the Bank of Japan Monetary Policy Statement later in the day. Where would the price of gold go following yesterday’s FOMC release? We’ve compiled the data since January of 2017, a 51...
Gold And Silver Take Off On Surprise Rally By Brien Lundin CME Group Launches 1-oz Gold Futures to Divert Physical Demand By Jesse Colombo Global Gold ETF Holdings Dipped Even as North American Funds Saw Inflows By Mike Maharrey Recent...