U.S. Debt Addiction Grows With New Auctions
If you blinked last week, you might have missed it. In a span of hours, the U.S. Treasury auctioned off $179 billion in new national debt.
If you blinked last week, you might have missed it. In a span of hours, the U.S. Treasury auctioned off $179 billion in new national debt.
Last week, gold prices got a lot of attention as they enjoyed their largest increase last week since 2016.
What drove this sudden burst of interest in gold?Inflation and market volatility.
Conventional market wisdom says gold provides great diversification for your portfolio, but is this really true?
This is the perfect time to find out.
Investors around the world are feeling the pain of sharp stock market selloffs that began last week and continued into Tuesday, while gold prices remain in positive territory for the year.
The Dow Jones tumbled again on Friday, closing down 2.5% in a week that saw the historic index slump over 1000 points.
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.”