Posts by ThriveAdmin
Gold Jumps to 14-Month High
Gold prices climbed Friday as mounting concerns about the health of China’s economy hit riskier commodities and tensions in the Middle East pushed investors into haven assets. Gold futures for August delivery, the most-actively traded U.S. contract, jumped 1.2% to $1,359.50 a troy ounce, the highest level since April 2018. The rise accelerated after the National Bureau…
Read MoreGold tops $1,300 to highest level in about 7 weeks on fresh tariff tensions
Gold futures rose firmly on Friday as investors fled to the perceived safety of havens like precious metals amid fresh signs of escalation in tariff tensions between the U.S. and its global trade partners. The U.S. “intending to impose trade tariff on Mexico, Germany and other eurozone nations apart from China will be bullish for…
Read MoreThe Best Performing Long Term Assets of The Last 20 Years. Hint, Hint, It’s Not The Dow Jones.
Are you one of those people who are at least trying to save for retirement? Maybe you’re in your 40’s with 25+ years to go before retirement and you’re just starting out. Maybe you’re in your 50’s and you’ve been through a couple of market crashes and maybe you’re still trying to recoup some of…
Read More‘One of the most important charts about the economy this century’ — and what it means for market volatility
‘The modern equivalent of Bread and Circuses to sate the masses’ To those pinning the recent spikes in stock-market volatility on inflation and, specifically, higher wages, Barry Ritholtz of Ritholtz Wealth Management wants you to take a close look at this chart: As Ritholtz points out, the two big outliers to the upside are health…
Read MoreFive Charts Show Platinum Markets Coming to Life
After months of being ignored in favor of market darling palladium, platinum is finally getting some attention from investors. The metal, which is mostly used to make jewelry and reduce emissions from car exhausts, is trading near the highest since May and money is pouring into platinum-backed exchanged-traded funds. Prices have gained as expectations for…
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