Tag: inflation

  • London Gold Fixing / LBMA Gold Price.

    The London Gold Fixing, also known as Gold Fix, is the process of determining the price of gold through a dedicated conference line. In the past, this activity occurred at the London premises of Nathan Mayer Rothschild & Sons and was facilitated by the members of The London Gold Market Fixing Ltd. The primary purpose…

  • What is Inflation? 

    This rise in price alone does not entirely define inflation. To quantify inflation, there must also be a decrease in the value of currency. In other words, money does not buy as many goods and services as it used to; generally defined as an erosion of purchasing power. 2.4% inflation rate October 2024. Track all…

  • Are you buying gold bullion at this high price?

    Retain all data. Research the historical price of gold from 1970 to 1978 and analyze the patterns. Inflation and elevated interest rates are anticipated to propel the value of gold even higher in the foreseeable future. Currently, the price of gold bullion remains relatively moderate. What alternatives have you contemplated? Generally, cash proves to be…

  • 20% in gold and 80% in silver, I anticipate greater potential for silver in the future.

    Drawing from various sources, it’s evident that silver stands on the brink of significant growth, potentially surpassing gold in the future. Here’s a synthesis of the key insights supporting this perspective: While it’s true that silver has experienced a significant price decrease compared to four decades ago, whether this indicates undervaluation and an imminent price…