Author: Admin
Since the United States abandoned the gold standard in 1971, the U.S. dollar has lost 87% of its purchasing power. The US dollar’s decline highlights the fundamental value proposition of physical precious metals as a store of value and hedge against currency debasement. The Nixon Shock and Its Lasting Impact On August 15, 1971, President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, effectively ending the Bretton Woods system. This momentous decision, the “Nixon Shock,” fundamentally transformed the global monetary system. Before this decision, the U.S. dollar, backed by gold,…
The Dow Jones tested lower on Friday after Donald Trump aimed at China once again.Equity markets remain hesitant following this week’s legal snag for Trump’s tariffs.US PCE inflation came in as expected, albeit with upside revisions to previous data.The Dow Jones Industrial Average (DJIA) stumbled on Friday as investors continue to get pummeled with new trade concerns from the White House. United States (US) President Donald Trump has pivoted once again to focus on China, claiming that their preliminary trade arrangements have been “violated”. Despite a general cooling off of key US Personal Consumption Expenditure Price Index (PCE) inflation figures…
Is Trump’s trade strategy in limbo? Yes, but ‘Tariff Man’ has options.
The evening opened with a Welcome to Country delivered by Johnathan Ford of Kambarang Services, followed by a brief address from GIG Chair and Westgold Resources Managing Director Wayne Bramwell, who acknowledged the sector’s record-breaking year and the Group’s ongoing commitment to education, engagement, and industry leadership.“At GIG, we’re proud to connect people to the gold industry — to showcase its value and invest in its future,” said Mr. Bramwell. “From education programs in schools to employment pathways that support future careers, GIG is helping shape a long-term, sustainable future for gold in Australia.”Guests enjoyed a lively panel discussion hosted…
Adaptive Trade Precision with ForexIGO’s Momentum Tracker Adaptive Trade Precision with ForexIGO’s ForexIGO, an automated trading software developed for MetaTrader 4 (MT4), is designed togive traders an edge in two of the most actively traded markets: Gold (XAU/USD) and GBP/USD.Built for precision and discipline, it leverages momentum-based logic to detect tradingopportunities as they form, not after they’ve passed.With built-in flexibility and structured automation, ForexIGO aims to bridge the gap betweenhuman decision-making and rule-based trading systems. It delivers a consistent and adaptivesolution for volatile markets, making it a reliable tool for both seasoned traders and thoseexploring algorithmic tools for the first…
The bond market is on edge, but less so this week after smooth Treasury auctions and talk of a key banking reform this summer.
Featured Image : Deposit photos Gold, with its timeless allure and enduring value, has fascinated humanity for millennia. Whether adorning jewelry or serving as a symbol of wealth and prosperity, the purity of gold is of utmost importance. In this enlightening guide, we delve into the captivating world of gold testing, uncovering the secrets behind professional laboratory methods and accessible at-home techniques. Join us as we unravel the mysteries and nuances of assessing gold purity, empowering you to make informed decisions. Understanding Gold Purity: A Karat-by-Karat Exploration At the heart of gold testing lies its purity, often expressed in karats.…
Where Are the Retail Forex Traders Actually Trading If you are a retail Forex trader, you will be astonished to know that retail Forex traders are not trading on the “real foreign exchange market.” Sounds awkward? Now you may have another question that is then “where are retail traders trading?” Where Are The Retail Traders Trading? As a retail trader, you open an account with any broker and then buy or sell currency pairs according to your analysis. If so, then where are your orders executed? You don’t have access to the giant Forex market as a retail trader. Instead, you only…
Dell’s stock is rising after the company announced a $14 billion-plus AI backlog and said it expects to ship $7 billion worth of AI servers this quarter.
What will the USD spot price of this stack of Gold and Silver be at SGT 23:59hrs, 14th April 2025? Comment your guess on our …