Tag: gold price
-
Gold Prices Surge to New Highs, Closing Above $2600/oz: Is the Rally Unstoppable?
Gold is shining brighter than ever, hitting fresh all-time highs on Friday as it closed well above the $2600/oz mark. This rally appears unstoppable, as new records are set with increasing frequency, shaking the markets and exciting investors globally. Many are left wondering: what’s behind this relentless surge? Fed’s Surprise Rate Cut Fuels the Gold…
-
Gold Wars: The US Versus Europe During The Demise Of Bretton Woods
By Jan Nieuwenhuijs of Gainvesville Coins The story on the emergence of the US dollar hegemony. After the collapse of Bretton Woods in 1971 several European central banks tried setting up a new gold pool to stabilize the price and move to a quasi gold standard. The US wanted to phase out gold from the system…
-
Navigating the US Dollar to Gold Ratio Amidst Declining M2 Money Supply
In the ever-evolving landscape of global finance, the relationship between the US dollar, gold, and the M2 money supply offers insightful perspectives for investors. With the recent decline in the M2 Money Supply year on year, understanding and leveraging the US Dollar to Gold ratio becomes a strategic endeavor. This post will explore the dynamics…