Monex helps you keep up with news relevant to precious metals investors. Read through some of the recent news stories you might be interested in.
Articles
Why Should Investors Acquire Gold Now?”Sprott: Investors Should Use Gold as a Diversification Strategy Peter Grosskopf, CEO of Sprott, addressed where gold stands in a presentation at Mines and Money New York, speaking about what a tough month it has been for gold producers, but reassuring investors of the importance of holding the yellow metal. In an interview at the…- Why should people invest in commodities such as gold?”Why You Should Be Investing in Commodities Investors seeking the perfect stock market hedge just might find it by investing in commodities. Commodities are the raw materials that are either consumed or used to build other products. From orange juice, to timber, oil and gas or gold, commodities take many forms. The beauty of diversifying…
- Will oil prices rally in the near future?“Closely watched indicators in the oil market are boosting confidence that prices can continue to rebound, sparking bullish bets by investors ahead of the summer driving season. Crude prices are eclipsing levels that they struggled to top in recent months. U.S. oil recently broke through $60 a barrel, and Brent-the global benchmark-is fast approaching $70.…
- When could the next buying opportunity for precious metals occur?”Precious Metals: Buying Opportunity Coming We went long a few value plays lately which we feel will pay handsome dividends over the long term. The great thing about value plays is that they can have a mind of their own in that they do not necessarily follow the stock market. Remember, the stock market is…
- What has the budget deficit been at recently?”U.S. Runs Largest Monthly Budget Deficit on Record in February The numbers: The federal government ran a budget deficit of $234 billion in February, the Treasury Department reported on Friday, the biggest monthly shortfall on record. It was wider than the $215 billion recorded in February 2018, as spending rose 8% while receipts climbed 7%.…
- Is the Fed Done Raising Rates?”The U.S. Federal Reserve recently modified its assessment of the economy, saying that it will be “patient” in deciding whether to further remove stimulus. This has led financial markets to conclude that the world’s most powerful central bank won’t be raising interest rates any further in this economic cycle. People should be careful about jumping…
- Why should Investors Think About Adding Palladium to their Portfolio?”Palladium Resumes Upward Charge to Head for Seventh Monthly Gain Palladium is headed for its seventh monthly increase after the year’s best-performing commodity resumed a breakneck rally that’s driven prices into uncharted territory. The metal is up almost 83 percent since mid-August, spurred on by a shortage of near-term supply as car manufacturers seek to…
- Why are analysts excited for gold?“Goldman Sachs Group Inc. is leading a pack of bullish voices cheering for gold. The bank’s analysts led by Jeffrey Currie raised their price forecast for gold, predicting that over 12 months the metal will climb to $1,425 an ounce – a level not seen in more than five years. Bullion has benefited as rising…
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