Blog | Gold Wealth Financial - Part 5

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Is Gold Getting Ready for a Rally?

October 17, 2018

Recent studies indicate gold could be about to go on a significant rally, according to an American commodities expert. This is good news for people who have been focused on investing in gold, or for those who have been thinking of getting started. There had been some people familiar with the gold investment market who had suggested gold had reached its bottom. Prices have been hovering around the $1,200 an ounce level. But Jim Cramer, known for his program “Mad Money” on CNBC, says gold could be setting itself up for a “monster rally,” and all investors and potential investors... View Article

Expect Gold’s Value to Soar in Coming Months, Says Bank of America

October 16, 2018

A recent report highlighted beliefs by Bank of America Merrill Lynch that gold is on the precipice of a significant surge over the coming months and year, thanks in part to increasing budget deficits, tariffs and trade wars between the United States and other global economies. Representatives from the bank say gold might reach an average of $1,350 per ounce in 2019, as the United States economy weakens because of tax overhauls. Francisco Blanch, who serves as the Head of Global Commodities and Derivatives Research for Bank of America, said, “In the short run, the effects of strong dollar, higher... View Article

Preparing for the Next Silver Bull Market

October 10, 2018

Over the past two years, American stock markets have rallied to astonishing new heights. Precious metal values, meanwhile, have trended downward. Rising sociopolitical and economic uncertainty, however, will likely contribute to a considerable rise in the value of silver in the coming months. The structure of the precious metal markets usually results in drastic reversals in value after extended periods of downward trends. While it’s true that the value of silver has been falling consistently since this spring, it’s likely to see a major reversal in the near future. Trade tensions will likely adversely affect the stock market, driving more... View Article

Could Gold Ever Become a Reserve Currency?

October 3, 2018

Reserve currencies are the foundation of international business. Many Americans are blissfully unaware of the fact that their currency—the U.S. dollar—has been the world’s reserve currency for the better half of the past century. This economic dominance provides Americans with a number of economic and political advantages, both at home and abroad. Benefits of holding a reserve currency To understand the benefits of owning the world’s primary reserve currency, it’s important to understand the role that reserve currencies play. Because the U.S. dollar is the world’s predominant reserve currency, all commodities are priced using U.S. dollars. If Canada wants to... View Article

How Can Gold Save Your Life?

September 26, 2018

While most people invest in gold simply as a way to increase their own wealth and accrue capital, gold is also a wise investment to make in times of economic and political uncertainty. Precious metal investing isn’t tied to the success of any government, market or economic system—as a result, gold investing is an excellent way to safeguard yourself and your household against adverse economic and political circumstances. From contemporary Venezuela to the late Roman Empire, failed states and economic systems have left untold numbers of people without access to food, clean water and financial structures. Those with gold investments,... View Article