Category: Silver News
Silver News and Analysis from varies commodity news media, we summarize all Silver news into a sitemap summary with link to related Silver News for the one who wanted to catch up Silver price change in timely manner.
Authored by Erik Lytikainen via RealInvestmentAdvice.com,2021 marks the 50th anniversary of President Nixon’s decision to suspend the convertibility of U.S. dollars into gold. At that time gold was just $35 per ounce. As we approach the August 13th “golden anniversary” date, a review of the past 50-years is worthwhile.Strategic View: Gold Could see $25,000 in 10 yearsThe two big rallies in gold occurred over roughly 10-year periods. Both saw dramatic increases...
In 2009, General Motors recorded the largest industrial bankruptcy in history with over $170 billion in liabilities. But it emerged from Chapter 11 less than two months later and then quickly re-IPO’ed in 2010. Unfortunately, General Motors GM, +2.53% returned to public markets just a few months after a little electric vehicle company named Tesla Inc. TSLA, +1.12% listed its stock. And ever since, investors have largely written...
What happened Shares of AcelRx Pharmaceuticals (NASDAQ:ACRX) were trading down by 16% as of 11:40 a.m. EST on Wednesday after the company announced the pricing of a public stock offering. AcelRx plans to sell 14.5 million new shares in a transaction expected to generate gross proceeds of around $27.5 million. So what Secondary stock offerings cause stocks to fall for one simple reason: They dilute the value of...
A set of ABC Bullion one-kilogram silver bars are displayed at the ABC Refinery smelter in Sydney, ... [+] New South Wales, Australia, Photographer: David Gray/Bloomberg © 2020 Bloomberg Finance LP As I have recently written, I am bullish on the hard currency space and continue to believe in its macro-economic setup. The election Blue Ripple has driven recent strength in the dollar and a move up in...
Authored by Ronan Manly via BullionStar.com,In economics, a real value refers to any value that has been adjusted for inflation. A nominal value is a value that has not been adjusted for inflation. Inflation here refers to the general increase in price levels.Many will be familiar with inflation adjustments that are applied to GDP, wages, interest rates, security returns, and of course consumer prices and asset prices. The...
Gold futures ended Wednesday at their highest in nearly two weeks. "Precious metals were supported above all by a weaker U.S. dollar, which fell further on the back of renewed strength for stock markets," with U.S. benchmark stock indexes SPX, +1.37% climbing to new records amid "ongoing reflation trade," said Fawad Razaqzada, market analyst at ThinkMarkets. This pushed foreign exchange investors into foreign currencies, as well as gold...
Silver markets will continue to be bullish as long as we have a strong case for stimulus coming out the United States, and at this point in time I think the $26 level is very crucial to pay attention to. The $26 level has offered plenty of recent resistance, and if we can break above that level it is likely that we go looking towards the $27.25 level....
HYCM is a globally established forex broker under Henyep Capital Markets Group, a global corporation with over four decades of experience operating in Asia, Europe, and the Middle East.Since its conception, HYCM has established itself as one of the more reputable and reliable financial brokers.Finance Magnates met with Stavros Lambouris, CEO at HYCM International, to review 2020 and find out what the new year holds for the forex...
NEW DELHI: Commodities Guru Jim Rogers says the new breed of investors who entered the market during the Covid crisis and before should know that investing works best only when one knows what she is investing in. “One should only invest in what s/he knows about. Do not listen to hot tips, or me. Everybody wants hot tips. Those would bankrupt you, ruin you,” the American investor and...
HONG KONG (BLOOMBERG) - A video of Jack Ma addressing teachers on Wednesday (Jan 20) spurred the biggest stock rally in six months for Alibaba Group Holding, the e-commerce behemoth he co-founded two decades ago. The stock rose as much as 11 per cent in Hong Kong, before closing up 8.5 per cent at HK$265 (S$45.34) to add the equivalent of about US$48.7 billion (S$64.6 billion) to Alibaba's market value. Alibaba Health...
Silver futures are trading respectably higher on the day, scoring the largest percentage gain of all of the precious metals. Dollar weakness was a definitive factor in today’s gains. As of 4:11 PM EST, the U.S. dollar index is currently trading down 27 points (-0.30%) and fixed at 90.48. Currently, February 2021 gold futures are up to $9.20 (+0.50%) and fixed at $1839.10. March Silver futures have gained...
S&P 500 Index, Janet Yellen, US Fiscal Aid, President-elect Joe Biden, IGCS – Talking Points:Equity markets broadly gained during APAC trade on the back of positive earnings and stimulus prospects. Treasury Secretary nominee Janet Yellen’s calls for additional fiscal support may buoy US benchmark equity indices. The S&P 500 index appears poised to push to fresh yearly highs after storming away from key support. Advertisement Asia-Pacific RecapEquity markets...
