US presidential elections set for 5th November are cherry on the top and grand finale of 2024 – year tightly packed with local, parliamentary and presidential elections held worldwide. But none are perceived as more important than those in US. Especially in times of such extreme polarisation and geopolitical turmoil.
What if gold has run out on Earth? No more gold. Es gibt kein gold. No existe el oro. Zołota niet. Złota nie ma - wyszło. In our search for yellow metal, we’ll step down below Earth’s crust, touch the ocean bottom and look in the stars. So, join us in an adventure in search for not-so obvious and hidden gold.
Dollar is king among assets held by central banks – no doubts about that. Until recently, currency of European Union maintained prestigious second position, however according to some estimations, it seems such just recently changed.
Everyone interested in gold mining knows that main producing countries are China, Russia and Australia. It’s also common knowledge that it is Africa, Asia, and Central & South America who dominate analysis on geographical gold distribution. But there is also one region, which usually doesn’t receive enough coverage, or at least not enough to what it deserves. This is Central Asia.
What if gold has run out on Earth? No more gold. Es gibt kein gold. No existe el oro. Zołota niet. Złota nie ma - wyszło. In our search for yellow metal, we’re going to travel in time, reach where mankind barely reached so far, discover fascinating world of microorganisms and try to make modern philosophical stone. We’ll step down below Earth’s top layer, touch the ocean bottom and look in the stars. So join us in an adventure in search for not-so obvious and hidden gold.
Gold: on 3rd of April 2024 closing price at 2299 USD. On 4th of April, intraday high at 2305 USD. On 5th of April closure at 2329 USD. Breached resistances, full price discovery in nominal values, parabolic movement. Silver: on 3rd April 2024 closing price at 27.1 USD. On 4th of April intraday high at 27.3 USD. Next day closure at 27.4 USD. Breached 26 USD resistance, attempts to move up..
History of silver in the monetary system of the United States is turbulent and interesting from both historical and numismatic point of view. It is worth to outline and introduce it to our readers. Especially since at Metal Market we recently had pleasure of adding Peace Dollars, straight from the Royal Canadian Mint, to our range of products. Bullion inspired by classic, historic American design.
With regards to silver price, it is Comex inventories usually being discussed as a main price driver. That is both because of certain level of volumes being stored in vaults, but mostly due to fact that Comex is a derivative market, hence amount of open contracts highly exceeds available physical volumes.
In below series, we focus on the subject of gold in Poland, hoping to cover all gold related aspects and trying to answer important questions of who, where, when, why and how much. We aim to do that deeply, so our esteemed readers could use it as a compendium of facts for years to come. In 1st and 2nd part we focused on official reserves. In 3rd we attempted to describe polish gold deposits and mining. In concluding part of the cycle, we’ll attempt to answer uneasy question – how much gold Poles may own.
According to some commodities sector commentators, there is a strong potential for positive price action on one of the precious metals that lagged it for the past years. Classified as precious, it is silvery white, lustrous, has strong fundamentals… Yes - that is platinum.
In our new series, we aim to focus on the subject of gold in Poland. We hope to cover all gold related aspects and try to answer important questions of who, where, when, why and how much.
In our new series, we aim to focus on the subject of gold in Poland. We hope to cover all gold related aspects and try to answer important questions of who, where, when, why and how much.
Concept of a common currency for BRICS countries, and quandaries about role of gold in it, has been subject of less or more serious considerations and speculations for several years.
Czy można uwolnić się od złota? Zanim odpowiemy sobie na to istotne pytanie sprawdźmy najpierw, czy faktycznie jesteśmy od niego w jakiś sposób uzależnieni.