Gold is original money. As such, it is the measure of value for everything else. Gold was money before the US dollar and other paper currencies. All paper currencies are substitutes for gold, i.e., real money.
From Investopedia: “Correlation is a statistic that measures the degree to which two variables move in relation to each other. Correlation measures association, but doesn’t show if x causes y or vice versa, or if the association is caused...
The 21st century was ushered in by fears about Y2k and how it might impact computer programming that was already in place. Part of the concern centered on the financial markets.
If the title of this article is in any way disturbing or seems incorrect to you, then I sincerely recommend that you read it through carefully and completely. It was written for your benefit. People are obsessed with the price of gold....
Apparently, not enough. This seems especially true right now. With all of the "obvious" signs and indicators staring you in the face, it seems like blasphemy to speak cautiously. Better to let your imagination run wild and join in the...
Earlier this year, various gold stock indices (XAU, HUI, GDX) gained more than fifty percent in just three months. Most of the negativity associated with the sector was brushed aside and replaced by positive expectations for the future.
When gold’s price reached $850 per ounce in January 1980, it seemed as if nothing would stop the runaway train that was headed straight for $1000 per ounce. But it was stopped, and began sliding downhill quickly.
When speaking of gold and silver, analysts and investors are always happy to share their viewpoints on the fundamentals for the two metals. Lately, the list of fundamentals seems to be growing.
I'm sure that others are already calculating and anticipating what $25,000 gold might mean to holders of the shiny, yellow metal. It makes previous targets of $10,000.00 per ounce sound blandly conservative.
What if it’s not a new bull market for gold? What if gold prices are going lower – not higher? Think it can’t happen? Think again.