The cryptocurrency phenomenon continues with its mind-boggling volatility and millions of dollars gained and lost on a minute by minute basis.
Donald Trump’s policy agenda, and his very presidency, are in jeopardy…at least if you believe all the chatter from the left-leaning “mainstream” media.
This year’s presidential elections may have serious implications for the gold market since historically elections tend to influence financial markets as a whole. There are several theories about such an impact.
As global equity markets tumble, many analysts say it could be time for gold to shine once more as a safe buy in times of market turmoil. Spot gold prices are hovering just below $1100.00 per troy ounce as I write this, reflecting a modest 1% increase since January 1st. However, that 1% increase would look extremely appealing to those holding equity based portfolios. Gold prices recently topped $1100.00 for the first time in over two months as the dollar fell in response to concerns over both the Chinese economy and weaknesses within our own economy.