Tag: foreign exchange

  • China’s Unreported Gold Reserves: A Hoard 10 Times Larger Than Publicly Stated

    Reading Time: 2 minutes China is quietly accumulating gold reserves at a scale ten times larger than officially reported, revealing a clandestine effort by Beijing to amass substantial holdings. Dominic Frisby asserts that China’s secretive gold hoarding is driven by motives that extend beyond what is publicly disclosed. In spite of China being the world’s…

  • The EUR/USD Dynamics Pre-Christmas: Insights from Traders

    Reading Time: < 1 minute The foreign exchange market is lively this day before Christmas, and all eyes are on the EUR/USD pair, which has exhibited intriguing momentum throughout the morning, UK time. This sharp climb has sparked various questions regarding the potential direction of the pair in the hours ahead. Speculation abounds about a…

  • Navigating Financial Markets: Insights on Gold and GBP/JPY

    Reading Time: < 1 minute Investing in Gold (XAU/USD) and GBP/JPY (GJ) is advocated here as essential for navigating financial markets. This advice is rooted in a detailed analysis of price action concerning time and volume. It’s recommended to meticulously study GJ movements between 7:45-8:15 and 8:45-9:15 London time, as well as XAU/USD movements between…

  • What are the coins and banknotes with unusual denominations?

    What are the coins and banknotes with unusual denominations?

    Reading Time: 2 minutes A question by User1969J What are the coins and banknotes with unusual denominations? Some coins and banknotes have unusual denominations. For example, there are coins of 4 doubles and 8 doubles in Guernesey, coins of 4 taris in Sicilia, 6 roubles, 15 kopecks, there are banknotes of 3 roubles. These values…

  • Is Gold A Good Investment?

    Is Gold A Good Investment?

    Reading Time: 4 minutes From century to century, gold has long been the true “standard” for investors simply because this bright yellow alloy is a highly sought-after precious metal which has had “immense value” before recorded human history. So, is gold a good investment to include within your portfolio? Let’s ponder deeper into this topic.…

  • India Finance Minister appealed to people not to buy so much gold.

    India Finance Minister appealed to people not to buy so much gold.

    Reading Time: 5 minutes India’s Finance Minister is back to his Favorite topic: curbing gold demand. India appears set to take even more steps to curb gold demand if imports continue to rise at the current pace. Speaking to the media on the sidelines of a conference, he pointed out, as consumers across the country…