Gold, Silver & Other Commodities

The price of gold will never outrun the cumulative effects of inflation. This means that the higher price for gold is offset by the dollar’s actual loss in purchasing power.

According to the World Gold Council, the 10 largest gold mines in the world, by production, are located in 9 different countries and accounted for 12% of global gold production in 2021 as illustrated in the infographic from visualcapitalist.com below

Despite being the world’s largest oil producer, the U.S. still imported more than 3 billion barrels of crude oil and petroleum products in 2021, equal to 43% of the country’s consumption and making it the world’s second-largest importer of crude oil behind China as illustrated in the infographic below from visualcapitalist.com. 

Silver and gold remain near all-time lows relative to the stock market despite gold and silver going up and stock indexes going down in Q1 (January through March). As such, it might be wise to allocate a portion of your portfolio to silver and gold now because, at the current ratios, your risk appears to be very low.

Ever wondered what happens to the gold market during a recession?  In this blog post, we are focusing on some of the commonly asked questions...about gold and recessions so you can understand more about this safe-haven investment in these economically turbulent times.

To understand what is real and tangible in the silver market, it is crucial to grasp the difference between paper silver and physical silver and this new infographic from BullionStar shows the silver market as it really is, and the huge differences between physical silver and paper silver...

What is the relationship between precious metals and technology now, and how will it change in the future?

The $2000 number seems to be the price most gold traders and investors are focusing on at this time but that price hold s NO special significance other than what most in the gold community are thinking about.

Russia currently supplies 40% of the natural gas imported by the EU, so which alternatives could European countries turn to in the event of Russia turning off the tap?

London’s gold market has suspended all Russian refineries from its accredited list, meaning their newly minted bars can no longer trade in one of the world’s most important bullion centers.