Tag: gold reserves
Gold And Silver Boosted By First Fed Rate Cut Since 2008 Crisis
Silver is set to outperform gold based on gold/silver ratio, silver mining companies present excellent entry points. The Federal Reserve cut interest rates on Wednesday (July 31, 2019) for the first time in more than a decade. It was trying to keep America’s record-long economic expansion going by insulating the economy from mounting global threats. August 1, 2019, just […]
Gold Retakes 1300 Amid Rising Uncertainty
As you know, gold dropped down through 1300 two weeks ago. That gave gold bulls a mild heart attack because the story for gold rising includes a little bit about “rising.” Not “falling.” A touch of a difference there. And 1300 is a key pivot point for gold; it can’t go up without staying above 1300 (just to drive […]
Why Gold Could Be About To Soar – Hint It Has Little To Due With The Fed
In June 1884, a local farmer named Jan Gerritt Bantjes discovered gold on his property in a quiet corner of the South African Republic. Though no one had any idea at the time, Bantjes’ farm was located on a vast geological formation known as the Witwatersrand Basin… which just happens to contain the world’s largest known gold […]
Worse Than The 2008 Crisis?
When it seems like all the odds are against you, and failure is your only option, which of these options do you choose: If at first you don’t succeed … you run as far away as possible. You hold on and keep trying until you succeed. If you’re like me, you opt for No. 2 […]
