Author: Admin
“I have $3,000 in gold and Social Security income for me and my spouse makes $46,180 a year.”
In a recent BullionStar interview, Claudia Merkert spoke with Florian Grummes, founder of Midas Touch Consulting, about the evolving dynamics in precious metals. With silver recently breaking above USD 35 — a level Grummes identified as part of a 13-year resistance zone — and gold entering a consolidation phase, he laid out a roadmap for investors navigating this rapidly shifting landscape. Silver Surges Above USD 35: A Structural Breakout Silver has broken through a 13-year resistance zone, climbing rapidly in early June. Grummes noted that this breakout came slightly later than expected, but the strength of the move is significant.…
Where is GBPUSD Headed by The Savvy Trader How High Can a Surging GBPUSD Go? This week’s price action in the dollar has been choppy, lacking a clear one-way trend, but the broader tone has been decidedly negative. We opened the week near the highs and are closing near the lows, not an encouraging sign for dollar bulls. Watch GbpUsd A key currency to watch in this context is GbpUsd, which continues to test the upside and a key level around 1.3550. Sellers have consistently stepped in just below it, indicating it remains a psychological and…
“He has no close family. I don’t want to place myself in a position of liability.”
Tailings Reprocessing: Finding Gold Where Others Didn’tValenta explained that many older mines still contain untapped gold – not because it wasn’t there, but because earlier mining methods couldn’t extract it efficiently. He said:“Methods for extracting [minerals] weren’t as good as they are now, so people left a lot of gold behind. In many cases you can go back and retreat the tailings and waste from those mines to extract [even more gold].” That means old waste piles – tailings – aren’t just rubbish; modern chemistry and machinery can extract previously overlooked gold, reducing environmental impact and leveraging existing infrastructure.One common…
USD/INR surges over 0.6% to near 86.25 due to a sharp recovery in the US Dollar, rally in the Oil price, and FIIs selling equities.Middle East tensions have increased demand for the US Dollar as a safe haven.The Oil price soars over 7% as Israel strikes Iran. The Indian Rupee (INR) is down over 0.6% to near 86.25 against the US Dollar (USD) during the European trading session on Friday. The USD/INR pair surges as the Indian Rupee underperforms due to multiple headwinds, including soft India’s Consumer Price Index (CPI) data for May, a stellar upside move in the Oil price…
After helping to power the U.S. stock market’s historic recovery from April’s tariff-induced selloff, many of the momentum names popular with individual investors are showing signs of exhaustion.
If you’re looking to turn your inherited gold or broken chains into cash, you’ll quickly find yourself faced with two options: gold dealers or pawn shops. While these two options might seem similar, if you dig a little deeper, you can find some clear differences that can impact the amount of money you’ll end up with. Here is a guide to help you differentiate between the two so that you can sell your gold with confidence. Why the Place You Sell to Matters Selling gold isn’t something people do every day. It often comes with urgency or emotional ties. Maybe…
A-Book vs. B-Book Forex Brokers: Does It Matter Which One You Choose? A-Book vs. B-Book Forex Brokers: Should You Care How Your Broker Handles Trades? If you’re trading forex, you’ve probably come across the terms A-book broker and B-book broker. These refer to two fundamentally different ways brokers handle your trades. Any forex broker can put up a fancy website and look like a reputable, top tier business. However, it takes some digging to uncover its business model. Is it an A-book, B-book or hybrid A/B-book model? Either way, should it matter to you should it matter to you…
T-bills are dwindling in supply, as the U.S. has been operating without a debt-ceiling fix since January.