Latest Precious Metal News

January 31, 2024

A good investment.... are 1-ounce of gold coins?
For centuries, gold has been a prized investment due to its finite supply and substantial demand, making it one of the most traded assets globally. Beyond its traditional role, gold offers unique benefits to investors, prompting consideration for inclusion in diverse portfolios.
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January 31, 2024

Some States initiate proposal on reducing taxes on precious metals
Residents of Georgia, Kentucky, Wisconsin, and Kansas may soon experience reduced taxes on precious metals if newly introduced pro-metal legislation becomes law in 2024.
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January 31, 2024

The period of US dollar supremacy has come to an end, declares a seasoned Wall Street veteran who recently concluded a 54-year career.
The dominance of the US dollar in global finance and trade, a stronghold established since World War II, is perceived to be on the brink of decline, according to Dick Bove
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January 31, 2024

Russia has pledged to pursue de-dollarization initiatives throughout its chairmanship of BRICS in 2024.
Russia has emphasized that prioritizing the abandonment of the US Dollar is the foremost objective for 2024
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January 31, 2024

Recession Probability has significant resurgence chances to over 70%
With the recent media focus on a potential "soft landing" for the U.S. economy, we had expected to find that the odds of a recession had continued to decline over the past six weeks. However, this has not been the case. Instead, we find that the probability of recession has increased since our previous report.
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January 31, 2024

New BRICS member announced and no surprise, its Saudi Arabia
Following the 2023 BRICS annual summit, Saudi Arabia was invited to join the alliance. However, there were some concerns about whether or not the country would accept the invitation.
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January 30, 2024

Bond Fund Manager Expresses Skepticism Over Unemployment Data, Calling It 'Unbelievable'
Amid a growing list of major company layoffs in 2024, billionaire bond fund manager Jeffrey Gundlach, also known as the "Bond King," has expressed skepticism about certain unemployment data
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January 30, 2024

The current gold-to-silver ratio suggests that silver is currently on sale and presents an attractive investment opportunity.

The gold:silver ratio indicates the number of silver ounces needed to purchase one ounce of gold, essentially expressing the price of gold in terms of silver. During precious metals bull markets, the ratio narrows as silver outperforms gold, while the opposite occurs during bear markets.

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January 30, 2024

JPMorgan Chase CEO Jamie Dimon warns Washington of a potential global market "rebellion" due to the record-high U.S. debt. Dimon emphasizes the urgency of the situation, comparing it to driving at 60 mph toward a "cliff."
The global economy is headed toward a dangerous precipice due to soaring government debt, warns JPMorgan Chase CEO Jamie Dimon. He believes this unsustainable trajectory will culminate in a severe market downturn and a loss of trust in government institutions.

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