Gold Demand Surges in India
One of the vitally important markets in gold is the Indian gold market. Gold has a long and storied history in India, being a fundamental part of Indian religious life from temple offerings to wedding gifts. Many Indian families hold a significant part of their wealth in the form of gold, mostly in jewelry. Some Indian temples that have...
Marketwatch: “Buckle Up!” When Oil and Gold Trade Like This, It Usually Spells Doom for the Market
Only three other times in history precious metals surged while oil plunged! All of them happened during severe bear markets and recessions. Buckle up, folks. When oil starts to drop at the same time gold takes off, it's a sign that the economy is in danger. A slowing economy means less demand for oil, leading to a price drop, while...
Casey Research: Eight Reasons to Buy Gold Today
After nearly six years of 0% interest rates, the U.S. economy is hooked on the heroin of easy money. It can’t even tolerate a modest reduction in the Fed’s balance sheet and 2.5% interest rates, still far below historical averages. In other words, this monetary tightening cycle is over. The next move is a return to QE and 0%, and...
CNBC: Morgan Stanley – Even If the Fed Cuts Rates This Summer, It Could Be Too Late to Stop a Recession
"Morgan Stanley changed its forecast for global growth to 'stagnation' through the end of the year instead of a 'continued recovery.' " Even the most bullish on Wall Street understand that the world economy is set for a slowdown. And while many investors may think that a Fed rate cut would keep the economy humming along, the reality is far...
Follow the Yellow Brick Road: Your Step-By-Step Guide to Setting Up a Gold IRA
In the aftermath of the 2008 financial crisis, many investors were understandably nervous about investing their money. With stock markets having lost over 50% of their value during the crisis, many investors saw years’ worth of investment gains wiped out in a matter of months. And for those close to retirement, those losses were particularly painful. But saving and investing...