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2024-04-05 12:22 | Report Abuse
Gold is one of the best-performing asset classes, if not the best, in the last 50 years.
2024-04-05 12:21 | Report Abuse
Between 1971 and 2022, gold had average annual returns of 7.78%.
2024-04-05 12:21 | Report Abuse
Between 2000 and 2022, a gold investment would have yielded over 500% return versus the S&P at 300%
2024-04-05 12:20 | Report Abuse
In years when inflation was between 2%-5%, goldโs price increased 8% per year on average.
2024-04-05 12:19 | Report Abuse
Goldโs long-term return is comparable to equities and higher than bonds. Gold has also outperformed many other major asset classes over the past 3, 5, 10 and 20 years.
2024-04-05 12:12 | Report Abuse
On a long term basis, the future value of gold always go up. So, the margin of safety of gold's appreciation is 100% ! ๐๐๐
2024-04-05 10:34 | Report Abuse
The best commodity to invest is GOLD because on a long term basis GOLD always goes UP while all fiat currencies always go down to ZERO.
2024-04-05 10:13 | Report Abuse
By investing in gold now, you're making a strategic move to safeguard your assets against the erosive effects of inflation while working toward long-term wealth preservation.
2024-04-05 10:11 | Report Abuse
Gold helps to preserve wealth during inflationary periods.
2024-04-05 10:10 | Report Abuse
While gold prices can experience short-term fluctuations, the value tends to grow steadily over time.
2024-04-05 10:10 | Report Abuse
Gold can be used to diversify your portfolio.
2024-04-05 10:09 | Report Abuse
Gold is a stable store of wealth.
2024-04-05 10:07 | Report Abuse
Gold can act as a shelter during economic uncertainty.
2024-04-05 10:06 | Report Abuse
Gold can help to protect your wealth when inflation impacts the value of traditional currencies.
2024-04-05 10:03 | Report Abuse
Gold helps to counteract the risk of losses to your portfolio from more volatile investments, like stocks.
2024-04-05 09:59 | Report Abuse
If you've been considering a gold investment, it makes sense to add some of the precious metal to your portfolio now. After all, gold offers a number of unique benefits to investors, many of which are incredibly relevant in today's economic environment.
2024-04-05 09:57 | Report Abuse
Fed boss Jerome Powell said it would likely be appropriate to cut borrowing costs "at some point this year.
2024-04-05 09:12 | Report Abuse
Gold outperformed most currencies on average terms every year since 2001.
2024-04-05 09:12 | Report Abuse
Gold may still have further room to run higher when actual rate cut cycle starts.
2024-04-05 09:10 | Report Abuse
The Fed has projected three cuts for 2024 while markets are pricing in about four cuts for ECB, three cuts for BoE, two more cuts for SNB by end 2024.
2024-04-05 09:09 | Report Abuse
In the developed markets (DM), the Swiss National Bank (SNB) became the first central bank to cut rates in March while most major DM central banks including the European Central Bank (ECB), Bank of England (BoE), Bank of Canada and the Fed are likely to cut policy rates in due course as inflation has peaked and looks on track to return to target.
2024-04-05 09:08 | Report Abuse
In the Latin American world, several central banks including Brazil, Mexico and Paraguay had started their respective rate cut cycle.
2024-04-05 09:08 | Report Abuse
"Historical evidence since 2001 showed that gold strengthened when the US Federal Reserve (Fed) rate hike cycle ended and continued to extend its bullish run when Fed rate cut cycle gets underway.
2024-04-05 09:07 | Report Abuse
OCBC kept its bullish outlook on gold prices, on the back of expectations of global easing outlook, central banks' continued purchases of gold, as well as a play up of gold's geopolitical hedge characteristic.
2024-04-05 09:06 | Report Abuse
The blistering rally of gold, whose price jumped 11.5 per cent year-to-date till April 3, may have further room to run in the medium term, according to OCBC foreign exchange strategist Christopher Wong.
2024-04-04 22:06 | Report Abuse
Sentiment and herd mentality are crucial factors in the current rally, particularly during the spring season when optimism and exuberance tend to increase.
2024-04-04 22:05 | Report Abuse
Physical demand, such as Indian weddings and Chinese New Year, contributes to the underlying strength of the gold marketใ
2024-04-04 22:04 | Report Abuse
Gold stocks are undervalued compared to gold prices, presenting a significant opportunity for investors.
2024-04-04 22:04 | Report Abuse
Gold stocks are undervalued compared to gold prices, presenting a significant opportunity for investors.
2024-04-04 21:18 | Report Abuse
Goldโs on track to hit $2,400 this year, less dependent on Fed rate cuts โ Bank of America
2024-04-04 21:09 | Report Abuse
Gold, as a safe haven asset continued to benefit from escalations in Gaza war.
2024-04-04 21:08 | Report Abuse
In Europe, ECB minutes showed officials saw a stronger case for the begininng of their loosening cycle.
2024-04-04 17:09 | Report Abuse
Grossly undervalued. ๐๐๐
2024-04-04 09:48 | Report Abuse
Turkey's stk mkt is at all time high ? ๐๐๐
2024-04-04 09:38 | Report Abuse
Please hold on tight. Poh Kong is on an uptrend now !!! ๐๐๐
2024-04-03 12:27 | Report Abuse
President Joe Biden held a phone call with the Chinese leader Xi Jinping on Tuesday morning in the latest effort to drive down tensions between the world's two most powerful nations. ... highest global political tension in the world ? Buy some gold now to protect and preserve our wealth ?
2024-04-03 11:47 | Report Abuse
No food on the table, then what to do ?
2024-04-03 11:13 | Report Abuse
Gold is going up because of the fact that it was deeply oversold and under-owned.
2024-04-03 11:05 | Report Abuse
San Francisco Fed President Mary Daly said the Fed need to see how long to keep rates at current levels. She supports three rate cuts, but added that itโs a projection, not a promise.
2024-04-03 11:04 | Report Abuse
Cleveland Fed Loretta Mester said that she doesnโt have enough information for a May meeting cut, yet foresees three rate cuts in 2024. Mester added the Fedโs challenge would be balancing the risks between inflation and employment.
2024-04-03 11:00 | Report Abuse
A pair of Federal Reserve policymakers said it would be โreasonableโ to cut US interest rates three times this year, even as stronger recent economic data has sown investor doubts about that outcome.
2024-04-03 10:56 | Report Abuse
Gold prices have been hitting new highs, and the rally is far from over. Several factors contribute to this surge:
Interest Rate Expectations: Growing expectations of US interest rate cuts have driven investors toward gold as a safe-haven asset12.
Central Bank Buying: Central banks and Chinese investors have been buying gold in significant quantities, further boosting its price3.
Geopolitical Tensions: Investors view gold as a hedge against global conflicts, and the current geopolitical landscape has fueled demand4.
Federal Reserve Rate Cuts: Anticipated rate cuts by the Federal Reserve have also played a role in driving gold prices to record levels4.
In summary, a combination of economic factors, investor sentiment, and central bank actions has propelled gold to its all-time highs.
2024-04-02 21:07 | Report Abuse
A coordinated move of creating a collective new currency backed by gold by the BRICS Plus against the U.S. dollar could lead to dire financial results globally.
2024-04-02 21:00 | Report Abuse
Between the country's central bank and the Chinese public, China takes up over two-thirds of all the annual production. They are the new marginal buyer. That's where the gold price is set.
My Golden Rule of Investing
2024-04-05 12:22 | Report Abuse
Itโs a long-term store of value. You should have at least 10% of your portfolio in gold.