The popularity of gold is on the rise. Traditionally used as a means of portfolio diversification for equity investors, this precious metal is currently benefiting from the turbulence of American and European banks, following the fall of three American banks and the stock market collapse of Credit Suisse, which…Continue readingGold, a safe haven in times of crisis: why its price is rising?
Category: Placement and investment for the Investors (except gold)
As artificial intelligence (AI) tools continue to become more advanced, there’s been a growing interest in the potential of these systems to offer investment advice. However, experts warn that while AI models like ChatGPT can provide general financial advice, they are not trained to develop sustainable, profitable investment strategies.…Continue readingCan ChatGPT Provide Good Financial Advice? Experts Say No.
Some of the main gold mines in Mexico, along with their gold production figures in 2020, are as follows: The National Institute of Statistics and Geography (INEGI) reported in 2018 that there are 3,123 establishments dedicated to mining in Mexico, including the extraction of petroleum and gas, metallic and…Continue readingThe 5 main gold mines in Mexico
It’s no secret that inflation eats away at your savings. It’s an infamously invisible financial force that makes your money less powerful, and increases prices. It’s why a dollar can only buy 5% as much as it could back in 1913. Inflation is Starting: Food and Fuel Up 20-40%. This is…Continue readingPrices and inflation.
Augustus Saint-Gaudens was born in Dublin, Ireland in 1848. His father, a shoemaker, moved his family to New York City when the future sculptor was but six months old. Growing up with an interest in art, Saint-Gaudens began apprenticing for a cameo cutter at the age of thirteen. While…Continue readingAugustus Saint-Gaudens (1848-1907)
That’s more than all the gold ever discovered in the world. However not a word from the Western media. The extraordinary discovery of gold mines in Uganda for an estimated total of 31 million tons, of which 320,000 are said to be ready to be extracted at first, has not yet deserved a…Continue reading31 millions tonnes of gold (13 trillions dollars) discovered in Uganda.