Tag: International Finance
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Epic Plunge in Silver & Gold Values – Warsh’s Fed Appointment Eases Independence Fears
In a startling turn of events reminiscent of the 1980’s market volatility, precious metals took a hit in the international market. Silver led the way with a staggering 30% drop, its worst performance since 1980, with gold not far behind experiencing a substantial tumble. The catalyst for this sudden destabilization has been widely attributed to…
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Gold Price Holds Steady Above $4,100 Amidst Government Shutdown Uncertainties
The price of gold remains resilient on Wednesday, November 12, as anticipation grows over the impending end to the government shutdown. Despite significant economic uncertainties, gold has demonstrated its status as a safe investment, remaining above the $4,100 mark. This signifies investor confidence in gold as a secure asset even amidst periods of political instability…
