Fervent advocates claim that bitcoin is the new, digital gold. They argue the answer to precious metals is the digital currency. They even say it could replace gold for investors as a significant store of value. However, is it possible for bitcoin to truly replace gold in the eyes of mainstream inve…Read More
Gold prices have been struggling for weeks. For five months, the precious metal has traded in sideways consolidation before the expected sell-off happened. Short covering in gold was short-lived. Now, it's near the support zone of $1,345. Some aspects work in favor of the precious metal. The first a…Read More
The cost of gold has dropped quite a bit since the metal reversed in April at the 2016 resistance. The price fell over 125 points to the lowest its been since December of last year. The Federal Reserve acted aggressively on the interest rates which has driven the decline. A looming trade war reinfor…Read More
Since the middle of May, gold has fallen into a deep sleep. So far during this year, the precious metal has consolidated and flat-lined near the $1,300 level. However, specific factors point towards a change soon for the commodity. It could be gold may soon wake from its slumber. It is believed the …Read More
For the past two months straight, gold has seen a decline in its price. However, the precious metal looks like it might shrug off its steady decline and rise back up in 2019 as the dollar weakens. Gold looks as though it should rebound in the final quarter of 2018 to average around $1,375 per ounce …Read More
Gold never really goes out of style, and for good reason too. Gold jewelry, for example, is beautiful, dazzling, and wearer-friendly. Gold coins and bullions, on the other hand, have a lot of intrinsic value and can have a significant worth if they are collectible. Gold is a precious, highly-valued …Read More