In the recent years a lot has been written on El Salvador regards to its president, uncompromised fight against organized crime and Bitcoin related policies. On 6th of December 2024, its president – Nayib Bukele – made a speech on immense yet unmined gold and other metal reserves. What is it all about then, and are they really worthy 3 trl USD, as he said?
In this series, we’ll attempt to present policies of Poland’s central bank. We aim to present its main strategic pillars, which are increase of gold holdings, preservation of polish currency, importance of maintaining circulation of physical cash and general monetary policy assumptions.
Today we’ll try to answer question about the size of the precious metals market. This is a legitimate question in the context of recent price increases, but at the same time it should give esteemed readers some perspective and scale of comparison against other asset classes.
We continue and conclude our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and USSR in the years 1918-1991.
We continue our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and USSR in the years 1918-1991.
We continue our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and the USSR in the years 1918-1991.
A lot is happening in the African countries of Sahel region. Pro-nationalist and anti-colonial movements, often instigated directly or indirectly by Beijing and Moscow, are strengthening. With regards, today we will focus on Burkina Faso and the nationalization of gold mines located within the country.
Long awaited rate cut from Federal Reserve has arrived on 18th of September. Despite of predominantly expected 0.25%, we received 0.5% instead. What repercussions such move may have in general? What drove such decision? And most importantly what to expect for precious metals?
Unfortunately, African nation of Zimbabwe can’t be perceived as greatest example of financial stability. It is just the opposite – it became a living symbol of modern-day hyperinflation. But could its issues be fixed with newest version of Zimbabwe Dollar? This time backed with gold and FX currencies basket.
Everyone interested in gold mining knows that main producing countries are China, Russia and Australia. It’s also common knowledge that it is Africa, Asia, and Central & South America who dominate analysis on geographical gold distribution. But there is also one region, which usually doesn’t receive enough coverage, or at least not enough to what it deserves. This is Central Asia.
Recent price developments on precious metals are eye feastening to gold and silver investors. And in recent development, silver broke its leash, and for the first time in years, firmly crossed solid resistance at 30 USD. Today, we’ll focus on silver’s price action occurred in second half of May 2024.
Without lengthy, and flamboyant introduction this time – as assets we’ll describe simply don’t need one. Bitcoin and gold. Both became super-hot in 2024. Each has its own different anti-fiat approach. Both have very vocal and often fanatical fan base. And each has simply different story to tell.
Platinum and palladium - industrial precious metals. Predominantly used in industrial sector. Interesting option, to be treated not as store of value but form of exposure to above. What could become catalyst for their price growth? Condition of automotive sector, sanctions, mining and regulations on emissions. Following this logic, today predominantly on… catalytic converters.
