This week's BullionBuzz Chart of the Week, shows that the golden cross has taken place in gold’s market. 20-Day EMA crossed over 50-Day EMA. The golden cross is a technical chart pattern indicating the potential for a major rally. The chart shows that the golden cross occurred only twice in 2019. This might be a great opportunity for investors to move their assets from a volatile market into gold.
"All currencies, not only the American dollar but all currencies, always go down, mainly because of democracy. The voters will vote for a person who is going to spend too much. And so you have to expect all currencies to go down. And just recently, America has started to spend too much, and the currency has already gone down a lot. But other nations now realize that, and they don't want to lose out to America. So they make their money go down, too..." ~ Sir John Templeton #BullionBuzz
Change in the Amount of Gold Reserves As protracted trade war with US hurts growth expectations and boosts demand for a portfolio diversifier, China and other eastern countries extended their gold-buying spree, adding to their reserves. #gold #reserves #tradewar #BullionBuzz
Gold Has Historically Rallied in Periods of High Inflation
On April 29, 2019, Reuters reported that strong US growth and weak inflation leaves Federal Reserve on hold. Strong US growth leads to a stronger market. How gold may perform during low inflation is of question. Below is our Chart of the Week showing the performance of gold during low and high inflation. #inflation
How the Composition of Wealth Differs, from the Middle Class to the Top 1%
This chart breaks down the differences in the composition of wealth between middle income, upper income, and ultra wealthy (top 1%) of American households to help us better understand the building blocks that make up net worth.
40 Stock Market Terms That Every Beginner Should Know
Understanding the stock market can be a daunting task for any new investor. Not only are there many concepts and technical terms to decipher, but nearly everybody will try to give you conflicting pieces of advice. For example, if a stock in your portfolio falls in price, should you be accumulating additional shares at a lower price or should you be strategically cutting your losses? Some experts will tell you one thing, while others will tell you precisely the opposite.
There’s little doubt that renewable energy sources will play a strategic role in powering the global economy of the future. But for now, crude oil is still the undisputed heavyweight champion of the energy world. In 2018, we consumed more oil than any prior year in history – about 99.3 million barrels per day on a global basis. This number is projected to rise again in 2019 to 100.8 million barrels per day.
Today’s graphic, using data from the annual Global Wealth Migration Review, maps the migration of the world’s millionaires, and clearly shows which countries are magnets for the world’s rich, and which countries are seeing a wealth exodus.
Major Market Events | BullionBuzz Chart of the Week
Currently, the market is at ease and investors are pouring into the equity market. This week’s BullionBuzz Chart of the Week, shows that major market events occur on average every 6.5 years and we are long due for it. #markets #investments
Protecting Your Investment Portfolio with Precious Metals
Insurance is a unique product; we buy it hoping we’ll never use it. We carry insurance for our homes, cars and families, but few of us think about insuring our investment portfolios. The easiest way to protect against a decline in a portfolio’s value is to ensure it is diversified and balanced. To reduce volatility and improve returns, portfolios should contain more than the usual three asset classes.
Basel III is a set of international banking regulations developed by the Bank for International Settlements (BIS) to promote stability in the international financial system. The Basel Committee on Banking Supervision (BCBS), which brings together regulators from 28 countries, establishes rules governing the appropriate level of capital for banks. The BIS, located in Basel, Switzerland, hosts the BCBS, which is a separate legal entity with headquarters at the BIS. These two regulatory bodies play