Why is the U.S. Dollar Taking Such A Beating?
Gold prices rose to 17-month highs last week, boosted by a report of slow economic growth and a flagging U.S. dollar.
Gold prices rose to 17-month highs last week, boosted by a report of slow economic growth and a flagging U.S. dollar.
The recent bitcoin plunge has been a painful lesson in market bubbles. In fact, a predictable flight to safety seems to have begun.
Gold prices hit a four-month high last week, gaining support as the U.S. dollar went down. In fact, the greenback hit three-year lows on Monday.
2018 has arrived, closing out a year where gold enjoyed its best performance since 2010!
“We expect silver prices to average $17.25 an ounce in 2018, with the biggest gains seen by the fourth quarter. We are optimistic about silver because of higher industrial demand and falling supplies.”
“Silver prices are likely to move up in 2018 due to rising industrial demand. Since global growth is looking to remain extremely positive, we believe silver consumption to go up this year.”
“The bullish price scenario for silver keeps growing over time and within the next of couple of years, silver prices will climb.”
“We are seeing evidence of silver industrial demand picking up with strong global growth. Therefore, strong global growth should lead silver to higher prices, as it has in the next expansion phase.”
Investment bank analysts have been lining up to talk about bitcoin.
Amid all the fanfare about record highs in the stock market, there’s been one fly buzzing loudly in the ointment: the U.S. dollar.