Tag: Gold
-
Ambev’s Decline and Costco’s Gold Rush: Harbingers of Economic Concern?
In a world defined by its rapid pace of change, economic signal come in many forms. For businesses and economists alike, these signals provide a harbingers hint, a glimpse into potential forthcoming events in the economy. Two such recent signals have sparked debates: Ambev’s reported 15.2% decline in second-quarter net profit and Costco’s sell-out of…
-
Safe Keeping Receipts (SKR) for African Gold Export
Safe Keeping Receipts (SKR) is one of the steps involved in West Africa Gold Export. An SKR is another bank instrument that is used as an alternative financing tool. These instruments can be issued from banks, bullion vaults, storage houses, or alternative financing facilities. Those that issue the SKR do not own them, so the asset…
-
How Sovereign Wealth Funds Invest Offshore
How many sovereign wealth funds are there and how much do they invest offshore As of 2021, there are estimated to be over 100 sovereign wealth funds (SWFs) worldwide, although the exact number can be difficult to determine due to the lack of transparency in some cases. The total amount invested by sovereign wealth funds…
-
Ask AI; is Silver a Better Investment than Gold
Determining whether silver or gold is a better investment depends on various factors, including current market conditions, economic outlook, and individual investment goals. Historically, gold has been viewed as a safe-haven asset, particularly during times of economic uncertainty or inflationary pressures. It is widely traded and recognized globally as a store of value. Silver, on…
-
Gold Hallmarks for Gold Bullion Investment
Can Gold Bullion be deposited in a bank? Yes, gold bullion can be deposited in a bank. Many banks offer safe deposit boxes or vaults where customers can store their precious metals, including gold bullion. This service is often used by individuals or businesses that want to protect their valuable assets from theft, loss, or…
-
Macleod: The Upside-Down World Of Currency
Authored by Alasdair Macleod via GoldMoney.com, The gap between fiat currency values and that of legal money, which is gold, has widened so that dollars retain only 2% of their pre-1970s value, and for sterling it is as little as 1%. Yet it is commonly averred that currency is money, and gold is irrelevant. As…
-
Gold Mining Company Buscar Provides Update on Plan of Operations
DENVER, Oct. 7, 2020 /PRNewswire/ — Buscar Company (CGLD) provided an update today on the company’s Plan of Operations filed with the US Forest Service in July of this year. CEO Alex Dekhtyar stated, “We are pleased with the progress being made at Treasure Canyon and we look forward to ramping up our operations once the Plan of Operations is approved…