CIBC: Gold is still going towards $2,000 and silver to $3. Despite the selloff that caused gold to drop more than 5% within a week, Canadian bank CIBC still optimistic on both gold and silver’s prospects over next few years. While the bank downgraded their average 2021 forecast for gold to $1,925, they expect metal to average $2,100 in 2022.
Full Article →Why do portfolio investors typically spread risk across different asset classes like stocks and commodities? This is the most basic form of building a diversified portfolio, with investor’s aim being to minimize risk and maximize gains.
Full Article →A Gold IRA can protect its owner from falling dollar values – when the dollar decreases in value, gold doesn't; therefore, it keeps its value regardless of inflation. At the same time, the same issue is present in the stock market.
Full Article →One of the Most Common Questions We’re Asked is ‘How Does a Gold IRA Work?’ What exactly is it that makes an IRA a better place to hold gold than a regular diversified portfolio? Why bother with the extra paperwork?
Full Article →Along with other forms of investments, precious metals such as gold, silver, and platinum have been increasingly popular modes of investment recently. Due to their rarity and scarcity, these valuable commodities have withstood the test of time, making them a perfect addition to people’s investment portfolios.
Full Article →There is value in Scrap! Huge value in fact, so much that the scrap gold and silver industry has seen massive amounts of people benefit with selling their unwanted jewellery or old silverware at the highest prices the markets have ever seen!
Full Article →Which is the better investment, bitcoin or gold? It’s an increasingly common question asked more and more among both newbie and experienced investors. The debate makes sense. Both commodities bring benefits…
Full Article →Coin collecting can be fun and for many can become a lifetime passion. If done correctly, it can be a profitable activity, too. This article looks at the things that you should (and shouldn’t) do with your rare coin collection
Full Article →The purchasing of gold in coins or bars is one of the more satisfying ways to own gold – being able to touch the gold coins or bars, feeling their weightiness all while admiring their sparkle and sheen brings a kind of emotional satisfaction to the owner unavailable in any other investment.
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