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Palladium's Sudden 31% Reversal After A Steep 64% Decline – Analyzing The Unexpected Turnaround In The Precious Metal
Wednesday, December 20, 2023 - 1:37pm | 375Palladium has experienced a dramatic decline of 64% since March 2022, a stark reversal from the 256% bull trend that began in August 2018. In contrast to palladium's bearish trend, gold has been on the rise, reaching new record highs, including a brief peak at $2146 this month. Palladium has...
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'The Richest Country In The World Is Now Bankrupt' — Robert Kiyosaki Says The U.S. Can't Pay The Interest On Its Debt. Here's How He's Protecting Himself
Tuesday, December 19, 2023 - 11:35am | 704In a recent episode of "The Rich Dad Radio Show," financial educator and author Robert Kiyosaki expressed grave concerns about the United States’ financial health. "America is now bankrupt," he said. "And the question I want to answer today is how [come] America, at one time reportedly...
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'America Is Going To Be The Poorest Country In The World' Robert Kiyosaki Warns That 'The Slums Of Mumbai Are Spreading Across America' - Here Are His 3 Favorite Investments For Protecting Wealth
Tuesday, December 12, 2023 - 10:31am | 1033American entrepreneur and businessman Robert Kiyosaki is a vocal opponent of the Biden Administration’s policies. During an interview on the Finance with Sharan podcast, he said, “America is going to be the poorest country in the world, starting now.” Kiyosaki, the author of...
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Gold Reaches Six-Month High And Crosses The $2000 Milestone - Marking A 10% Increase In Value This Year
Tuesday, November 28, 2023 - 1:32pm | 428Gold prices have reached a six-month high, influenced by a combination of a weakened U.S. dollar and market speculation that the U.S. Federal Reserve may have concluded its interest rate hikes. Silver has also seen a significant uptick, reaching a nearly three-month high. Gold prices have soared...
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Looking Into Precious Metals To Hedge In The Current Market? You May Want To Check Silver Out
Thursday, November 9, 2023 - 9:16am | 891Gold may not be the only safe haven investors can hide out in during tumultuous economic times. Silver also seems to have proved its mettle. There are several reasons why silver can be a sound investment for many, one Lear Capital predicts will see strong growth this year and beyond. For...
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Costco's Gold Bars Are Selling Out 'Within A Few Hours'— Here Are 3 Other Ways To Invest In The Yellow Metal
Thursday, October 12, 2023 - 9:21am | 759Everyone knows you can leave Costco Wholesale with a cart brimming with oversized tubs of peanut butter, a TV larger than your living room wall and enough toilet paper to last a decade. But did you know that the warehouse chain sells gold bars, too? Costco has started selling 1-ounce gold bars. You...
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Analysis Of The XAU/USD Pair: FOMC Minutes In The Spotlight
Wednesday, October 11, 2023 - 11:52am | 356By RoboForex Analytical Department Geopolitical factors continue to exert influence on gold price dynamics. At the time of writing this commentary, no new growth impulses were observed, primarily due to the ongoing optimism regarding a potential compromise between the conflicting parties...
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Analysis Of The XAU/USD Pair: Gold Hits Its Highest Since May 2023
Tuesday, October 10, 2023 - 9:38am | 401By RoboForex Analytical Department The sudden outbreak of war between Israel and the Palestinian militant group HAMAS has come as a complete surprise to investors. Against the backdrop of geopolitical risks, they are turning to gold as a safe-haven asset. It is uncertain whether this...
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Analysis Of The XAU/USD Pair: Demand For Physical Gold Bars Increases
Friday, September 29, 2023 - 9:48am | 339By RoboForex Analytical Department According to Costco Wholesale Corp, there has been a significant increase in the demand for the 'physical' form of gold in bars. As reported by the company, this category of goods is selling like 'hot cakes'. Against the backdrop of...
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Analysis Of The XAU/USD Pair: Gold Continues To Depreciate
Thursday, September 28, 2023 - 10:18am | 341By RoboForex Analytical Department Gold continues to lose ground. The monetary authorities of the world's most developed countries have shown no intention of easing the parameters of their current monetary policies – interest rates remain high, and central bank balances are decreasing....
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Analysis Of The XAU/USD Pair: Bears Enter The Scene
Wednesday, September 27, 2023 - 10:15am | 317By RoboForex Analytical Department The yield on US government bonds has risen again amid expectations of another Federal Reserve interest rate hike. This has bolstered demand for the US dollar and driven down the prices of assets denominated in it, including precious metals. As a result,...
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'America Is Broke': Robert Kiyosaki Warns That A Crash Landing Is Coming, Says The Fed Has Been 'Smoking Fantasy Weed' — Here Are The 3 Assets He Likes For Shock Proofing
Monday, September 25, 2023 - 8:29am | 881The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised...
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Analysis Of XAU/USD Today: Tug-Of-War Between Bulls And Bears
Friday, September 22, 2023 - 12:25pm | 329By RoboForex Analytical Department Market participants continue to assess the US Federal Reserve's decision regarding the interest rate and the subsequent comment by Federal Reserve Chairman Jerome Powell. His remarks about the probable rise in the key rate by the end of this year have...
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Should You Trust Lear Capital With Your Precious Metals Investments?
Monday, September 11, 2023 - 8:20am | 828Los Angeles-based Lear Capital is a company that specializes in precious metals investment, focused primarily on gold and silver. The company was founded in 1997 and aims to provide individuals with an easy and secure way to invest in physical precious metals, such as coins and bars. Lear Capital...
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'It's The Death Of The Entire Financial, Monetary And Social System': This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status. Here's What She Likes For Protection
Friday, August 18, 2023 - 12:08pm | 909For decades, the U.S. dollar has held the esteemed position as the world's primary reserve currency. But according to Lynette Zang, chief market analyst for ITM Trading, this longstanding dominance is on shaky ground. "The days of the dollar being the world reserve currency are fast coming to a...