It's no secret that we Americans are incredibly lucky and blessed to be living in such a prosperous and luxurious place relative to the rest of the world. We have some of the best of everything: the best hotels, the best vacation spots and restaurants, the best cars, the best TVs, the best technological innovations, cell phones and computers. We still have amazing healthcare and education. There is another luxury we have that most of the rest of the world sadly doesn't have – and that is no national memory of what it is like to live through hyperinflation.
Following in the footsteps of Utah, Kansas and Texas, Oklahoma recently passed a law to allow gold as legal tender, which has led some to believe that the U.S. is slowly moving towards the gold standard. How would that work? And is it even realistic? How would you even use gold in place of the U.S. dollar? It's a fascinating topic with no right or wrong answers. In this Market Report, Will Hart and Jake Kennedy give their take on these questions. Pay special attention to the enlightening example that's taking place in Ukraine today.
The first quarter of 2019 saw a 7% increase in global gold demand compared to the previous year. See what this could mean for gold in the coming months in this week's News to Know.
According to a precious metals analyst at Standard Chartered, gold is set to end the year on a positive note. See why it's expected to test 2018 highs in this week's News to Know.
The ingredients for gold's breakout above the $1,300-$1,350 range are falling into place. See the 5 factors that could propel gold's price in this week's News to Know.
Last year, gold bullion surpassed demand expectations. See why a precious metals consultancy is saying demand will hit a four-year high this year in this week's News to Know.
According to Reuters columnist Clyde Russell, there are 3 factors that propelled gold to its all-time highs between 2008 and 2011. See why he says these 3 factors may be making a comeback in this week's News to Know.
According to portfolio theory, passing up gold for riskier assets could be dangerous. See why the yellow metal should be considered a part of your portfolio in this week's News to Know.
Investors are treating the dollar as the preferred safe-haven, but this could change once markets sober up to the economic reality. See how gold is gearing up to regain its safe haven status in this week's New to Know.
