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    $2,000 gold price is very likely

    A $2,000 gold price is very likely in a few years, according to Agnico CEO. When it comes to investments, and trades, it is always a great and profitable business, to go into trading hard assets. One of the most popular, as well as most traded hard asset is gold. Gold is a great go to, when it comes to trading because of its long standing as a go to currency, that has surpassed the centuries. The currency standard of gold, has been some thing that people have relied on, as opposed to the many fiat currencies available around the world. The reason for this, is that many feel that…

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    Oil Prices Are Going Nowhere Next Year

    Goldman Sachs says oil prices are going nowhere next year. Oil prices have been long considered to impact the stock market but the impact on the market overall is difficulty to assess. Certain industries such as the oil exploration industry and oil refiners are positively correlated with the stock market, while other companies that use oil as a component in their products or services are negatively correlated with oil prices. In other words, when oil prices increase some industries are positively impacted while others are negatively impacted. While these trends are generally well understood, fluctuations in oil prices impact the stock market in other ways. When oil prices are accelerating,…

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    Gold Trading Slumps in Hong Kong

    At one time, Hong Kong was a “golden” location for trading. Specifically, Hong Kong was the major hub for gold trading in China if not Asia as a hole. As a result, there may be ups and downs in the price of gold due to some of the instability in the current gold landscape as a result. As most are well aware, investing and trading in gold and gold related assets such as stocks is incredibly popular these days. There is good reason for the popularity. Concerns over the global economy have led many to forgo putting money into traditional assets and into the precious metals market. Currencies have a…

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    Why A European Financial Crisis Will also Affect US Markets

    Europe as an entity is the largest economy in the world with a GDP of $18.8 trillion in 2018, and is one of the biggest trading partners of the US. The trade relationship is also one of the biggest in the world and is driven by two-way investments. One third of trade is comprised of transfers between companies. What affects one, affects the other. The catalyst for the last European and US crises was the housing bubble and ensuing credit crisis. In addition, some European governments, mostly notably Greece, sidestepped best practices in coping with increasing debt and deficits creating national economic crises within the union. Since European and US…

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    The Chinese Yuan soared past 7 per USD on Tuesday

    There are a multitude of ways in which many people can make money and wealth on the global stage. One such way in which people can build their wealth is through the trade of global currencies. One of the most popular global currencies to trade other than the United States dollar, is the Chinese currency, the Yuan. The reason for such popularity is that due to the growing economy of China, there is a lot of money in the betting of Chinese currency, against other global currencies that are exchanged. The fun, as well as key to the wealth that is made in the trading of international currencies, is that…

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    World Economy Is Walking Into A New Financial Crisis

    In these trying economic times very few are immune from the adverse impacts of the global financial crisis and the denigration of the world economy. There was a point in time when individual countries were somewhat sheltered from global financial trends because of internal checks and balances and economies that were more localized. With the advent of the Internet and the integration of all financial markets much more closely the impacts on local economies by global financial trends has been much more acute. Traders are not immune from these impacts and can have serious consequences on an individual’s livelihood. The failure by the United States and other western powers along…

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    Oil Prices Eased On Monday

    Oil plays an important role in our current economic system. It is responsible for significant chunk of the global job market and it is traded significantly between countries and companies, making it a large part of the world’s imports and exports. Consumption of oil is at an all-time high. The World Energy Council, an alliance of over 90 countries, predicts this can go on for a quite a bit of time: 40 years at least. Some scientists disagree with this claim, though. They believe the Earth has reached “peak oil” status and any oil left will be quickly used up. Researchers at the University of Maryland, for instance, predict that…

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    Africa Becomes More Interesting For Investors

    In the past few years, there has been a great increase in the amount of countries that seem to be interest in Africa, once again, and this is based off of the great opportunities that it offers. In terms of Africa, there has been a rediscovery of many different, as well as, expensive natural resources, which has made for great opportunity to make a lot of money. Along with this, the increase in interest in Africa, has also led to the ties between Africa as well as the stock market. The reason for this, is that with the influx of resources found in Africa, there may be a surge in…

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    Chinese Consumer Products Get More Competitive

    As consumers, it is very apparent, that people like to get the best deal for a product, as possible. Not only does this great deal apply to the quality of the product, but to some, more importantly relates to the price of a product. Since products have been able to be made cheaper than ever before, the consumer products made by the Chinese, has become a very competitive market. Along with the new stiff competition, the dip in the global economy, has also had an increased significance to the price of consumer goods all around the world. Since people have a lot less money to spend, the money in which…

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    Current Stock Market Impact On The Economy

    There are many benefits of being interested in the stock market. The stock market is a great place to make a lot of money, as well as become more versed on the economy. The stock market is also a good indicator of the economy previously, as well as the way it will be in the future. One of the greatest things about the stock market, is that a person can see whether or not the price of gas or food is going to go up, just based on the prices in which are based in the stock market. This is simply savings or increased costs, being passed on to the…