Central banks are among the largest buyers of gold and have some of the largest gold holdings, yet it’s very rare for customers to be able to buy gold at banks. In fact, it’s unusual for typical banks to sell any precious metals. And even when they do, their selection...
The current rally in gold prices—now surpassing an increase of $500/oz.—began within hours of the October 7, 2023, Hamas attack on Israel. Since then, extraordinary demand from central banks and Chinese retail buyers and uncertainty about inflation and interest rates...
No matter how the financial industry changes or what new digital currencies are developed, precious metals are still considered a powerful and oftentimes preferred vehicle for wealth protection. That reputation goes back thousands of years, and there’s no sign that...
We live in a digital world—one where seemingly every aspect of our lives is in some way controlled or affected by electronic networks. Communication, travel, entertainment, and finance are all areas in which we’re now forced to rely almost entirely on our smartphones,...
If you study enough history, patterns begin to emerge. Certain major events become cyclical, with even the most extraordinary circumstances having precedents. This is true for both paper money and for gold, as we can see from the recent failure of a nation’s currency...