by agm | May 20, 2021 | news
As the crypto space attempts to recover from a massive selloff, JPMorgan reports that big institutional players are leaving bitcoin for gold. This is a reversal of a major trend that was first spotted last year and was very prominent during the first quarter of this...
by agm | Jul 25, 2020 | news
The recent Covid-19 pandemic has pushed the price of gold to a hair’s whisker of its record high reached almost a decade ago. Investors should expect the rally to continue beyond that level, at least in the medium term, experts say. “We continue to be bullish on gold,...
by agm | May 1, 2020 | news
Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce — more than 50% above the existing price record — in a report titled “The Fed can’t print gold.” The bank increased its target from $2,000 previously, as...
by agm | Apr 6, 2020 | news
The first quarter saw gold prices massively outperform equity markets and this trend is expected to continue, according to one former Bear Stern’s analyst. Jesse Felder, publisher of the Felder Report investment newsletter, reiterated his long-term bullish outlook for...
by agm | Mar 25, 2020 | news
Precious metals advocates have been warning for years that the time to load up on a safe haven asset is before it’s needed, because by the time it is obviously needed it won’t be available. That seemed a bit hyperbolic in a world of smoothly functioning markets and...
by agm | Mar 25, 2020 | news
Gold’s one-day dollar surge is one for the record books. But as bullion deliveries hit a snag and mining operations slow, the precious metal may soon see prices rally to new heights. On Monday, the most-active April gold futures contract rallied by $83, or 5.6%, to...