By hovering your mouse within the graph of the Silver prices chart you can also view the price of Silver for specific days.Price of Gold FAQ What impacts the current price of gold per ounce? Strength of US dollar Industrial and commercial demand Gold supply Fed actions / monetary policy Ge...
The threat of infinite money printing to the purchasing power of the dollar drove the gold price to new highs, but it can be seen in Figure 1 that gold generally underperformed equities and copper by a significant margin. In one sentence, the reason is the establishment’s dislike and suppre...
And here's the5-year U.S. dollar index chartthat appears in this spot every Saturday, courtesy ofstockcharts.comas always. The delta between its close...105.78...and the close on the DXY chart above, was 32 basis points below its spot close.Click to enlarge. There certainly was correl...
Whilst on the topic of currencies, the greenback, an alternative safe-haven asset to bullion, is said to be entering a bear market. “Though there have been periods whereby both the dollar and gold appreciated or depreciated in tandem, generally, the latter’s performance is superior during pe...
because people think of the dollar as money. However, the dollar is actually the Fed’s liability. When a bank sells a bond to the Fed, it prefers the Fed’s liability to the bond. If the bond is a Treasury bond, then why would the bank prefer the Fed’s credit to the Treasury’...
This would be absurdly true of the Reverend Pierce’s $200 million dollar claim. As an aside, when discounted at 5% back to 1865, $200 million today equals a value of around $50,000 for that 40 acres, and that’s per family, not individual. 1865? Sounds a little (!) high to me...
FED Chairman Paul Volker jacked interest rates into the stratosphere to squeeze the inflation out of the dollar. In 1981, the federal funds rate reached a maximum of 19%, and would not subside to single digits until 1985. [And what was Volker's only regret from his memoirs? That "Joint ...
High yields and a stronger U.S. Dollar have been driving gold prices sharply lower for weeks. So it nearly goes without saying that a drop in yields and the dollar would push prices higher. This is what happened Wednesday afternoon.
–Purgatory Ski Resort is located along one of the most incredible picturesque drives in all of the United States, often referred to as The Million Dollar Highway (perhaps referring to the extensive gold riches that were mined in the area or more simply, the million-dollar views). The most...
WHAT ABOUT SILVER COMPARED TO GOLD? Examine the graph of the silver to gold ratio since 1998. Note the spike in 2011, after which silver prices collapsed. The ratio is low and could rise considerably. Gold prices are rising, and silver prices will rise more rapidly. Or perhaps the short ...