More Recent Posts - Page 174

Price of Gold Weekly Recap: May 16 – May 20, 2016

This week gold started slightly higher on Monday after last week’s losses, pushed up by a falling dollar, reaching a one-week high. The incline continued through to Tuesday after China showed slower economic... Read More »

Soft Dollar, Surging Silver

The relationship between gold and the dollar often follows a linear inverse trend—one goes up and the other goes down—but silver has a much more nebulous connection to currency than its yellow counterpart.... Read More »

Price of Gold Weekly Recap: May 9 – May 13, 2016

After peaking around $1,300 per ounce last week, gold opened this week’s trading session back below $1,270 after a rallying dollar and Friday’s weak economic data. China’s weak trading data rallied the dollar... Read More »

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Price of Silver Weekly Recap: May 9 – May 13, 2016

Silver, like other precious metals, succumbed to a price drop Monday on a stronger dollar, dipping down to back around $17.15 per ounce. This week, silver prices remain in a trading range between... Read More »

Predicting a Recession: Facts and Fictions

A recession is coming, says Donald Trump. Politicians, economists, and journalists echo the presidential candidate’s sentiment. It’s true in every sense of the word that what goes up will always come down, and vice-versa. Yet,... Read More »

China Adjusts Laws to Increase Gold Supply

American tourists who visit another country know that they can use their dollars to buy just about anything instead of using the local currency. The dollar (as well as the Euro) is so popular... Read More »