Tag: central bank gold buying
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![2023 Gold Rush: Balancing the Luster of Investment Demand with the Realities of Junior Mining Ventures]()
2023 Gold Rush: Balancing the Luster of Investment Demand with the Realities of Junior Mining Ventures
The gold market has shown some bounce for ounce in 2023 with investment demand for the metal increasing 56% year-over-year in Q3 2023. Admittedly this was a weak stat relative to gold’s five-year average, but the forecast for the remainder of 2023 stays strong in terms of investment demand. Central banks have been buying up…
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![95 million Americans do not receive a paycheck – does that matter?]()
95 million Americans do not receive a paycheck – does that matter?
The Dow Jones Industrial Average (DJIA) is trading at an all time high of 27,880. The trade war with China has hurt American factories, but exports and imports account for just 27% of the U.S. GDP. According to the World Bank, the only countries where trade represents a smaller percentage of GDP are Nigeria, Cuba,…
