Looking for a definition of gold spot price? Read on. Gold spot price is a market price of gold and is used only to trade gold on the markets. Gold spot price is something that professional speculators who bet on the future price of gold are interested in. However, it has nothing to do with … [keep reading..]
That’s kind оf an outline of some reading that I did on the future of oil. Plus, my thoughts on how it might affect the yellow precious metal. Before diving into everything else: are oil and gold connected somehow? Sure they are. As I chatted earlier, the big picture is this: as oil price … [keep reading..]
Michael Snyder in one of his articles pointed out a trend – whenever the price of oil relative to the price of gold drops, that is, gold to oil price ratio increases, there is a major economic crises. Michael Snyder is the author of the “Beginning of the End” and runs a couple blogs. He is … [keep reading..]