Silver Price Daily Forecast – Vaccine News Put Pressure On Silver FX Empire
Month: November 2020
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An economists guide to the world in 2050
Bloomberg/Tom Orlik and Bjorn van Roye/11-11-2020
“The results suggest that a remarkable period of stability, stretching from the end of World War II through to the early 21st century, is coming to an end. The center of economic gravity is shifting from West to East, from advanced economies to emerging markets, from free markets to state controls and from established democracies to authoritarian and populist rulers. The transition is already upending global politics, economics and markets. This is just the beginning.”
USAGOLD note: The only certainty in a world being turned upside down is uncertainty. If you get the impression that the point made in the wake-up call linked above is sufficient cause for a reliable long-term diversification you are not alone. We are all being carried on the long wave of history – destination unknown. Tom Orlik is the chief economist at Bloomberg Economics. Bjorn van Roye is the Senior Global Economist at Bloomberg.
The post An economists guide to the world in 2050 first appeared on Today’s top gold news and opinion.
Reuters/Staff/11-13-2020
“Finance Minister Anton Siluanov has previously said he favoured this plan, saying last year that he saw gold as more sustainable in the long-term than financial market assets.”
USAGOLD note: Given circumstances in the global bond market, Russia’s sovereign wealth fund might benefit from strong domestic production. Some see Russia as ascending to the number one spot in global gold production some time within the next several years. With central banks, pension funds and other financial institutions joining the gold acquisition sweepstakes, there might be something to be said for being early to the game.
The post Russia National Wealth Fund seeks approval to add precious metals first appeared on Today’s top gold news and opinion.
Categories
NEWS &VIEWS
Forecasts, Commentary & Analysis on the Economy and Precious Metals
Celebrating our 46th year in the gold business
SPECIAL REPORT
Hedging the decline and fall of a currency
The baseline case for gold
hasn’t changed much in 1700 years
Book Review
“We sometimes forget that inflation is a process rather than an event. One of the better-known examples of that axiom is the nearly two centuries-long debasement of Rome’s silver denarius – an inflationary episode Jack Whyte, a writer of historical fiction, skillfully addresses in his latest novel, The Burning Stone ……
Over the long run, gold in the modern era has maintained its purchasing power as it did in Roman times, while the dollar, like the denarius, has been steadily debased. So it is by the circuitous route just taken, you now know how Jack Whyte’s depiction of the Roman inflation in The Burning Stone reinforces the argument for gold ownership today. It also explains why we went to the trouble of presenting a review of this intriguing book in our monthly newsletter.”
March 2020 edition of our monthly newsletter
We think you will appreciate this News & Views Special Report given recent events!
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The post https://www.usagold.com/cpmforum/2020/11/309149/ first appeared on Today’s top gold news and opinion.
Harmony Gold Mining Company Limited to present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference on 19 November 2020 PRNewswire
Endeavour to become West Africa’s biggest gold miner with $2 billion Teranga deal Reuters
Volcanic Gold Mines Exploration Update Investing News Network
Gold from Mars? These microbes may help future Martians and Moon people mine metals Deccan Herald
Massive expansion for Ravenswood gold mine could see it become Queensland’s own Super Pit ABC News
- Bulls buy early dip in gold, prices trade modestly up Kitco NEWS
- Gold – A Few More Weeks Of Patience Seeking Alpha
- Gold hits one-week peak as softer dollar, worsening pandemic lift appeal Yahoo Finance
- Gold steadies as virus surge overshadows vaccine optimism Reuters India
- Price of Gold Fundamental Daily Forecast – Renewed Vaccine Hopes, Demand for Risk Weighing on Prices FX Empire
- View Full Coverage on Google News