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Platinum is not only one of the world’s most precious metals, it is a transition metal that serves as a bridge between two sides of the periodic table. It plays a key role in chemical and catalytic reactions, and it’s highly conductive, durable and resistant to corrosion. Its role in powering a host of AI … Read more

Silver prices are up over 20% year-to-date. In the past five years, silver has surged over 98%. At about $36/oz, it is the least expensive of the major precious metals and generally considered to be undervalued due to consecutive years of supply shortages combined with steady industrial and investor demand. While gold tends to thrive … Read more

Silver and Platinum are Surging Silver — a soft, shiny and lustrous precious metal is known for its electrical conductivity and widespread use in solar technology. Platinum — a strong, dense and exceedingly rare metal is coveted for its use in jewelry, auto emissions, and a variety of industrial applications. Both metals have a steely … Read more

Platinum is up over 38% year-to-date – surging 20% within a single week. It is currently outperforming gold, silver, palladium, the Dow Jones, the S&P 500 and the NASDAQ — and it is still almost half of its all-time high. Platinum prices are rising due to an array of price triggers including higher industrial and … Read more

Platinum prices are up over 16% year-to-date largely driven by persistent supply concerns and increasing demand from the automotive and energy sectors. And with gold prices at historic highs, platinum is becoming a viable and more affordable option for investors looking to hold a precious metal that is historically undervalued and significantly rarer than gold. … Read more

Gold is extremely important to the Russian economy. Not only is the Kremlin a major producer of gold, they use the precious metal in trade and commerce particularly with countries less friendly to the U.S. like China and Iran. The Central Bank of Russia has been feverishly adding to its gold reserves over the past … Read more

The Moody’s Downgrade Last Friday, Moody’s downgraded the U.S. government’s unsecured credit rating to Aa1 from Aaa — on their 21-notch scale. Moody’s is a data intelligence agency that provides global credit ratings based on a host of research and analytical tools that assess both credit risk and operational risk. They summarized America’s recent downgrade … Read more

Gold and interest rates have a special relationship. Historically, when the Federal Reserve cuts rates, gold prices tend to rise and when rates are raised by the Fed, the price of gold tends to fall. This is called negative correlation.   The current Federal Funds rate is 4.25% – 4.50%, and the Fed has held … Read more

The People’s Bank of China (PBC) is China’s central bank and much like our Federal Reserve, it carries out monetary policy. According to its website, the PBC was established in 1948 through the consolidation of Huabei Bank, the Beihai Bank, and the Xibei Farmer Bank. Back in September of 1983, China’s State Council decided to … Read more

What is a Recession? When we hear the word “recession” a host of emotions are conjured up. We anticipate layoffs and hiring freezes — shopping less and becoming more price sensitive. We think about postponing those faraway vacations and staying closer to home. And we prepare for that general economic malaise as anxiety about money, … Read more