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Posts tagged as “Gold”

#7 Bill Murphy

Bill Murphy, a former American professional wide receiver who played one season in 1969 for the New England Patriots, has for decades been a financial…

James Turk: “The best way to save money today is to accumulate physical gold and physical silver.”

James Turk is one of the most recognizable names in sound money. His career started at Chase Manhattan Bank with assignments in Thailand, the Philippines, and Hong Kong. He thereafter became the manager of the Commodity Department of the Abu Dhabi Investment Authority and held various advisory roles in money management.

Silver Breaks Through $17.00. What to Expect in 2020.

Silver prices are trading at $17.04, up 0.65% on the day.

That comes on the heels of the U.S. and China announced on Friday that a limited trade deal had been reached.

Yet, silver trails gold in terms of gains in 2019. While gold is almost up 15% in 2019. The 200 EMA is at 17.14, which is below resistance at 17.25. The 50-day EMA is 16.72.

Blockchain.com, Coinshares Launch Gold-Backed Token

DGLD, a network which claims to have over $20m in investment grade gold allocated in Swiss vaults and secured using Bitcoin, launched and is now available for purchase on Blockchain.com’s cryptocurrency exchange, The PIT.

DGLD, which was created by CoinShares, Europe’s largest digital asset manager, and Blockchain.com, and MKS (Switzerland), is a digital asset or token which, at creation, represents 1/10th of a troy ounce of physical gold stored in Swiss vaults for which token holders can swap or physically redeem.

The Rich Are Buying Physical Gold Bullion in Preparation for Recession

The rich are buying physical gold bullion, coins, and bars, according to Goldman Sachs.

“I think gold’s going to $2,500, $3,000 an ounce in the 2020s because the climate—the landscape for gold is so hugely supportive.” Paul Schatz, Heritage Capital president, told Yahoo Finance’s On The Move. Goldman predicted $1,600 gold by 2020.