Categories for Gold Investing

Why Gold Matters to Today’s Banks

June 21, 2019

There are those who believe that gold no longer matters to today’s banks, but they would be mistaken. In fact, the central banks still hold the largest above-ground stockpile of gold bars, estimated at about 33,800 tons of gold. Several central banks claim to be the world’s top holders of gold bullion, holding thousands of tons each. However, the central banks rarely, if ever, divulge exactly how much gold they lend, swap or use as collateral, which means that one cannot be certain exactly how much gold they currently hold. The worldwide central bank group (the official sector) includes central... View Article

The Chinese Trade War: How Can We Expect It to Affect Stocks and Businesses in 2019?

June 7, 2019

A recent report by UBS indicates the trade war that has been accelerating between the United States and China could have significant impacts on a variety of industries, resulting in price increases on toys, clothing and much more. There are also concerns it could lead to widespread store closures. The study from the investment bank indicated that tariffs placed by the Trump administration on Chinese imports could jeopardize about $40 billion worth of sales, and could put about 12,000 stores at risk of closure during the course of the year. The tariffs are devastating for brick and mortar stores, which... View Article

Is a Return to the Gold Standard Imminent?

May 8, 2019

Ongoing changes to monetary policy governance are leading some to speculate that President Donald Trump is leading the United States toward a return to the gold standard. With two open seats on the Federal Reserve Board of Governors—to which he has attempted to appoint Herman Cain and Stephen Moore—President Trump has the opportunity to make a long-term, lasting impact on the nation’s monetary policy. Additionally, the adoption of Basel III, a new voluntary regulatory framework for banks, is allowing banks to purchase gold with limited risk. Basel III imposed more stringent capital requirements for financial institutions. All of these signs... View Article

Basel III and Banks Buying Gold: Is There a Connection?

March 29, 2019

If you regularly follow the role of gold in the financial marketplace, you might have noticed that banks have been buying more and more gold this year. The reasons for this are numerous and complex, but it seems like there’s a link between the higher rates of buying gold and the Basel III implementation, which was set for March 31, 2019. If you’re interested in gold investing, it’s a good idea to build confidence in your understanding of what’s happening with western banks. Read on for a breakdown on Basel III. What Is Basel III? Basel III provides banks with... View Article

Gold Investing for Beginners

March 11, 2019

Are you interested in gold investing? Perhaps you’d like to make some money in this market, but you’re unsure where to start. Gold investing can be intimidating to those who aren’t familiar with it. Use the following gold investing 101 to learn how you can invest with this precious metal. For additional information, contact a local precious metal advisor: Jewelry: This industry makes up approximately 50 percent of the demand for gold. However, investing in gold jewelry isn’t necessarily a good route if you want to achieve a good ROI. While jewelry is fairly easy to acquire, it doesn’t always... View Article

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