How Central Banks Influence the Price of Gold

Gold has long been considered a reliable store of value and a safe haven asset during times of economic uncertainty. Its price is influenced by various factors, including supply and demand dynamics, geopolitical tensions, and market sentiment. However, one significant influence on the price of gold that often goes unnoticed by many investors is the …

With banks like SVB either failing or vulnerable, it’s time stock up on gold.

Silicon Valley Bank, First Republic Bank, Credit Suisse, and several others. Need I say more? The vulnerability of these banks is suddenly laid bare for all to see. Yes, this is gold’s moment. This is gold’s time to shine. In a sense, this is what gold is FOR. It’s the backstop. It’s the ultimate choice …

3 Reasons why the price of gold might reach new heights over the next few months.

price of gold in the face of natural disasters like fire

The story goes that gold is a hedge in uncertain times. When fiat markets crash, the price of gold is meant to surge. In times of war or upheaval… same thing. But in recent decades the price of gold has been off-story, to say the least. The price of gold didn’t surge significantly after 9/11. …

Gold-backed crypto tokens… Are they a better way to own gold?

gold-backed tokens

I’m not as keen on Bitcoin as I used to be. Too volatile for my taste. I’m more comfortable with physical gold bullion as my store of value. That said, I’m not ready to give up on blockchain technology quite yet. The thing about blockchains is that they provide an immutable and complete record of …

Gold is money for everyone. Bitcoin is for risk takers.

If you’ve been reading my posts over the last few months, you know I’ve invested some money in Bitcoin. Fans of Bitcoin often say it democratizes money. It’s “money for the people”. No banks required. No other intermediaries required. No permission required. Anyone can receive or send Bitcoin through the blockchain, unregulated. That’s all true. …