The New Reserve Currency: GOLD
In a quiet but powerful move, gold has overtaken the euro to become the second-largest reserve asset held by central banks, after the US dollar. This shift reflects a growing…
Why Gold is rising ?
Gold prices have recently surged by almost 28%, reaching $2387 per ounce. The primary reason behind this surge is the increased demand for gold from China, which has been buying…
Market Outlook with NBT Gold
Excerpts from podcast posted on NBT GOLD In conversation with Mr. Sameer Rastogi (Director, Saksham Wealth P. Ltd.) on market outlook. NBT: Madras high court has given an order to…
Outlook on Gold
In conversation with Mr. Pratik Dodhia (CEO Alphabet Investments) on outlook for GOLD and other Financial Planning topics. Abhay: Hello Pratik. I welcome you as our Guest Expert. I would…
Ray Dalio’s Dollar Warning Suggests Gold Price Will Surge
Ray Dalio has warned that the U.S. dollar’s status as the global reserve currency is in danger, something that could benefit gold. The price of gold will be one of…
Gold reserves across the world
Gold reserves of largest gold holding countries worldwide as of June 2020 (in metric tons) Ever since World War 2, USA has been the largest hoarder of Gold reserves. It…
Looking beyond the Obvious: GOLD & SILVER
E.B. Tucker forecasts $40 silver price, $2,500 gold by year-end Key take aways: 1. US Fed is printing money to the tune of 5 Trillion USD over 2020 and 2021.…
BofA on gold at USD 3000
Bank of America sees Gold at Rs 80,000 per 10 grams by December 2021 A couple of months ago, BofA made a forecast of USD 2000 per oz for gold…
GOLD IS THE REAL MONEY
“I PROMISE TO PAY THE BEARER THE SUM OF FIVE HUNDRED RUPEES” This is what RBI governor promises when you hold a Rs 500 note in your hand. But why…
“Gold Outlook: Trade of the Century”
According to Bloomberg, one of last year’s best-performing hedge funds says the “trade of the century” is to buy gold and sell US Stocks as risk assets are due for…