⚡️ “Gold is the “go to” Asset During Periods of Global Financial Turmoil” Since 2008 Financial Crisis– How Much has been Invested in #Silver and #Gold. Since 2008 Financial Crisis_ How much has been invested in silver and gold. Apr 09, 2019 (Heraldkeeper via COMTEX) -- The precious metal boom was born from a financial crisis in 2008.
Money metals exchange is nowhere near as high as they were, but the history and heights of metal sales are astonishing. The landscape of silver and gold investments will forever show the signs of past crisis and future potential. Precious Metals: Trends The current recovery has gold and silver up and down and finally plateauing. However, in 2008, the financial crisis saw precious metals skyrocket. Stock and real estate now perform better than gold and silver, but it took nearly a decade to recover. Daily trends are critical to not losing money in any market; however, overlooking the big picture is detrimental, too. In 2008, the market bottomed out and left a hole in traders' pockets.
Comparing Cost: Then & Now The global gold investment from 1999-2008 was only around 4,000 metric tons while silver was around 15,300 metric tons. Most Buyers Opt for the Security, Convenience, and Safety of Buying from Respected Online Dealers ~ Precious Metals News. How to Buy #Gold and #Silver with #Bitcoin. How to Buy Gold and Silver with Bitcoin. How to Buy Gold and Silver with Bitcoin by: Clint Siegner – Money Metals The rise of cryptocurrencies, Bitcoin in particular, is making waves in the precious metals markets.
People see it as another form of honest money and there is plenty of excitement over the huge price gains. Some are wondering what the rise of Bitcoin might mean for precious metals over the longer term. Will Bitcoin somehow supplant gold as the premier store of value? There are some hardcore cryptocurrency enthusiasts who think it will. Our take is that Bitcoin offers some hope as one of several honest money alternatives to fiat money. The decentralized nature of Bitcoin means officials have no one in particular they can target in an attempt to stop, regulate, or control.
Controlling cryptocurrencies is akin to controlling the internet itself, practically impossible. Central Planners Freaking Out about Discussion of #Gold's Role. Central Planners Freaking Out about Discussion of Gold’s Role. Sound money issues make for good politics these days.
The leading Republican candidates have all suggested reforms to our monetary system. The topic is popping up in debates as well as interviews. Predictably, Fed worshippers and proponents of central planning everywhere are snickering and trotting out the usual responses. Michael Hiltzik, with the Los Angeles Times, recently published a column titled “The Worst Idea in the Presidential Debate: a Return to the Gold Standard.” He thinks “a return to the gold-standard would be so not right that it’s not even wrong.” He’s terribly smug given his essential argument is for how great centrally planned monetary policy is. False Claim #1: The economic science is settled. Mr. One assumption is clearly wrong. The truth is there are plenty of economists who question the stewardship and discretion of Congress, the president, and, especially, Federal Reserve bankers.
The Rush to #Gold: A New Respect Is Growing. The Rush to Gold: A New Respect Is Growing. You didn't come here today for bad news.
There's plenty of that everywhere you look, and even where you don't look. So here's the good news. A new rush to gold has begun. To see where we're headed, let's first see where we've been. Gold and silver owners in the first ten years of this new century were in for quite a ride, watching gold soar to $1,895 and silver to $49 by 2011. Gold had bottomed at $255.95, Apr 2, 2001. The national debt in 2001 was $5.8 trillion, on its way to today's $20 trillion.
"War on cash" was an unknown socio-economic term. Gold Rides an Escalator, while Silver Rides a Roller Coaster While the DOW and S&P languished in the agony of three crashes from March of 2000 through 2009, gold and silver got no respect from Wall Street or financial media. Thanks, in part, to the top-down manipulation of bullion bank price suppression, gold steadily fell 55% and silver 72% from 2011 through 2015. But no market goes up or down forever.