I hear it on a regular basis: “Gold is so costly proper now.”
And you realize what? Folks have been saying that very same factor for over a century.When gold hit $35 an oz....
One of many oldest tropes in finance is that an oz of gold might buy a good males’s swimsuit. Gold bulls usually cite this analogy to explain gold’s constant buying energy all through...
Whereas gold and silver spot costs made headlines this yr, the metals additionally made headlines for troves of unearthed discoveries, reminding us of the traditional connection to gold and silver as forex.
Buried treasure...
Should you’ve been round treasured metals for any size of time, you’ve heard it:“Silver is manipulated.”Typically it’s stated calmly. Typically it’s stated with actual frustration. And truthfully, I perceive why folks really feel...
Gold is hovering close to its highest worth in historical past at $4,000 an oz, making it not solely a precious asset but additionally a traditionally important reward that has symbolized wealth and...
Valuable metals are a long-term wealth planning device that protects towards inflation.
126.96 troy ounces of gold may purchase you a median-priced American dwelling in 1980. That equivalent home wanted nearly 744.95 troy ounces...
