Market Thoughts Archive
Posted on July 10, 2019
We all know that gold was synonymous with money in the past. We also know that it’s still valuable up to this day. What’s more, it’s not only valuable, it’s more and more popular. How has it become the phenomenon that it has through time? Science has the answers!
Posted on July 01, 2019
We were expecting an upward turn for gold for a while, and now it seems it might have come at last. The precious metal’s price started to be bullish and in the last weeks it’s on a serious rise. The global market environment, especially central bank policies and other outlooks are certainly in a right position for gold’s rise.
Posted on June 19, 2019
More than a dozen of the world’s biggest banks are planning to launch digital versions of major currencies just next year. After more than a decade of volatile Bitcoin rallies and crashes, digital currencies may finally have a real-life use. The underlying technology can bring great changes to financial markets.
Posted on June 05, 2019
Demand for gold remained high in the first quarter of 2019. After a record-breaking last year, it had its best kick-off in 6 years. Its stable performance lead Malaysian Prime Minister to word his idea about a gold-backed currency for East Asian trading. Why? Because the precious metal is harder to manipulate than currencies.
Posted on May 29, 2019
John D. Rockefeller is considered to be the first billionaire in history. Not only that, according to a new study, he might have been the richest man ever. If we adjust his wealth to today’s GDP, we can see that he had three times more money than Jeff Bezos. It’s an unusual method to calculate wealth but shows us some very interesting things.