According to Forbes contributor David Rodeck, a recession is a “significant decline in economic activity that lasts for months or even years.” Formally, a recession is defined as being two or more quarters during which economic activity contracts. Symptoms of a recession include rising unemployment, falling personal incomes, and lagging industrial output. Although recessions are… Read more.
No matter what your investment goals are―whether it’s wealth appreciation or preservation―gold futures can help. Primarily available on the CME Globex, bullion contracts provide market participants with many speculative and hedging opportunities. If you’re an active investor, then gold derivatives are certainly worth a look. At this point, you may be asking, “How can I… Read more.
For more than 5,000 years, gold has been a mode of exchange, an artistic medium, and a store of wealth. Although the yellow metal’s primary functions have evolved over time, one thing is for sure: Gold has never been worthless.
One of the key characteristics of the futures market is volatility. And, some of the most volatile futures products are based on commodities. The constant balancing of the supply-demand curve—as well as such factors as geopolitics, regulations, and currency values—can send prices directional in the blink of an eye. No matter if you’re trading metal,… Read more.
The path for USD has been rocky since its highs of mid-March, but the degree of rockiness depends on the path you’re taking.
Gold’s summer, one of its most volatile in decades, has included a 10% rise, high prices not seen in decades, and multiple short-term outliers in both directions.
Gold is flirting with its most expensive prices since August 2011, and it’s doing so in a historically unique manner. Other precious metals such as silver and platinum are less than half the price they were at the time of gold’s previous high, and many stocks have bounced back to approach or in some cases… Read more.