Diamond industry buffs up its image for the young generation Financial Times
Month: July 2021
Are UAE’s jewellery shoppers ready to give ‘lab grown’ diamonds a chance? Retailers are ready Gulf News
Global Gold & Diamond Jewellery Market 2021 – Industry Analysis, Size, Share, Strategies and Forecast to 2027 – The Manomet Current The Manomet Current
“Every agency out there’s looking at cryptocurrencies—making rules about cryptocurrencies—from the IRS to the FCC, and the list goes on and on.”— Todd Graf, Scottsdale Bullion & Coin precious metals advisor
If you’re looking for privacy in your investments, then you should now this: not all alternative assets are created equal. Take cryptocurrencies, for example. Sure, they’ve seen rapid price increases lately, and they’re decentralized—but the parallels with gold and silver stop there.
In fact, Bitcoin is the least private investment on Earth. Every transaction is recorded on the blockchain for the whole world to see. Forever. Even a bank or brokerage could offer you more discretion than that. Such transparency, however, is part of the allure of cryptocurrency for many investors who aren’t concerned about taxation or wealth confiscation.
With some gold and silver products, on the other hand, you don’t even have to fill out a 1099 tax form or give up your Social Security number. Which ones? Order your FREE Investment Grade Coin Report to see.
Gold & Silver vs. Cryptocurrencies: Which Is the Riskier Investment?
Then there’s the risk for which cryptocurrencies are becoming notorious. Cryptocurrency scams cost consumers nearly $82 million in Q4 of 2020 and Q1 of 2021 alone. That’s a 10x jump from the same 6-month period a year earlier, reports the Federal Trade Commission. Guess who the biggest losers were? Individual investors targeted via social media.1
Cryptocurrencies may be new money. Cryptocurrencies may be fast money. However, cryptocurrencies certainly aren’t digital gold in terms of privacy and safety. See precious metals advisors Todd Graf and Steve Rand’s coverage of cryptocurrencies vs. gold and silver in this week’s The Gold Spot video. Watch Now.
If you can hold an asset in your hand, you’ve already reduced the risk of your investment considerably. A home safe, bank safe deposit box, or even third-party storage facility can minimize your risk of theft even further. This makes gold and silver the ultimate asset for privacy, protection, and safety. It’s no wonder precious metals have been a store of wealth since the days of kings and pharaohs.
“”silver price”” – Google News
Silver Price Prediction – Prices Slide to Support as Yields Continue to Slide FX Empire
The post Silver Price Prediction – Prices Slide to Support as Yields Continue to Slide – FX Empire appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Shares of Fortuna Silver Mines (NYSE: FSM) sank 20.1% in the month of June, according to data provided by S&P Global Market Intelligence. With that drop, the silver mining stock gave up all of its gains from May and then some, and the stock isn’t done just yet: It’s already down about another 7% so far in July. The company’s recent acquisition, even as silver prices got whacked, didn’t go down well with the market.
The post Why This $5 Silver Stock Sank 20% in June and Is Heading Lower appeared first on WorldSilverNews.
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Market Recap: Thursday, July 8
Yahoo! Finance: SI=F News
Stocks dipped on Thursday to give back gains after a record-setting session, with investors nervously eyeing signs that the economic recovery might get derailed. Matt Brill, Invesco Head of North America Investment Grade and Senior Portfolio Manager and Victoria Fernandez, Crossmark Global Investments Chief Market Strategist joined Yahoo Finance Live.
The post Market Recap: Thursday, July 8 appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Inflation is already here, but prices could rise significantly higher in the next several years, creating a gold-buying panic, according to Rozencwajg Associates managing partner Leigh Goehring.
The post Black swan inflationary event to trigger gold-buying panic in next 2-3 years – Goehring & Rozencwajg Associates appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Kitco looked at gold production in South America in Q1 2021 and ranked the top ten local gold operations by production based on data publicly released by their owners / operators.
The post Top 10 largest gold mines in South America in Q1 2021 – report appeared first on WorldSilverNews.
Invest in Energy Metals to Profit from Coming Electrification Revolution
The secret to wealth is to spot and invest in a secular trend and sit tight. I sense we are at the infancy stage of an electrification revolution that will last at least 10 years. Take advantage of this insight and consider a starting position in silver, vanadium, and nickel if you haven’t done so.
John Lee
Thu, 07/08/2021 – 08:09