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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […] дальше »

2021-3-13 13:30


Reddit’s WallStreetBets Traders Did Not Pump Silver and XRP, So Who Did?

As the market opened on Feb. 1, 2021, precious metal futures jumped 10%, almost breaching $30 per ounce. So who is behind silver’s sudden and meteoric price rise? Will other stocks, commodities, or even cryptocurrencies see similar price booms? Multiple news outlets, including Bloomberg, have associated silver’s meteoric rise with so-called anti-establishment redditors. дальше »

2021-2-4 19:40