Central Bank
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Goldman Expects Gold Prices To Climb To The Highest In More Than 5 Years
Goldman Sachs Group Inc is leading a pack of bullish voices cheering for gold. The New York-based bank’s analysts led by Jeffrey Currie have raised their price forecast . . . .(Read More) -
China's Renminbi Will Rival the Dollar As Global Reserve Currency
The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial . . . .(Read More) -
World Gold Council Outlook 2019: Global Economic Trends And Their Impact On Gold
As we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect . . . .(Read More) -
Why Inflation Is Here To Stay – The Case For Gold
When the Federal Reserve was created in December 1913, it had two purposes: (1) To defend the gold standard and the dollar against inflation, and (2) To be a lender . . . .(Read More) -
China Adds to Gold Reserves for First Time Since October 2016
After a hiatus of more than two years, China is adding to its gold reserves again. The People’s Bank of China increased . . . .(Read More) -
Goldman Says To Bet On Weaker U.S. Dollar After Powell Comments
The U.S. dollar may be poised to decline, according to Goldman Sachs Group Inc. Comments from Federal Reserve Chairman Jerome Powell on Friday boosted . , , ,(Read More) -
My 2019 Predictions – Gold $1,480 Per Oz, Silver $17.00 Per Oz
Gold’s rally continues, as it reached $1,300 per ounce in early Friday morning Asian trading. This was Gold’s first attempt to break a major resistance level. The Gold rally was . . . .(Read More) -
The Arrival of The Credit Crisis
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets . . . .(Read More) -
Next Stop – Gold $1,300 Per Ounce – Silver $16 Per Ounce
Gold ended 2018 on a rally, moving up again last week to close the year at $1,278 per ounce. Gold closed the month and year at $1,278.30 . . . .(Read More) -
Russian Central Bank Buying Gold On The International Market?
For a number of years now and even more so during 2018, the central bank of the Russian Federation, the Bank of Russia, has remained in the spotlight as . . . .(Read More)