Historically, platinum has been known as the “Rich Man’s Gold,” trading at an average premium to gold of $132 over the last 30 years. Will the current $449 discount to gold ever revert to the long-term average?
Historically, platinum has been known as the “Rich Man’s Gold,” trading at an average premium to gold of $132 over the last 30 years. Will the current $449 discount to gold ever revert to the long-term average?
NEW YORK CITY, NY – GraniteShares announced today a 10 for 1 forward share split for GraniteShares Gold Trust (BAR). The split will not change the total value of a shareholder’s investment.
Volatile week spurred by renewed U.S.-China trade tensions and escalating U.S. – Iran frictions. President Trump’s start-of-the-week tweet threatening more and increased tariffs on Chinese goods increased global growth concerns pushing U.S. stock markets and U.S. Treasury yields lower and the U.S. dollar higher.
Recent changes to the Chinese government’s New Energy Vehicle program have shifted the focus away from the subsidies awarded to battery electric vehicles towards FCEV roll-out and, importantly, the development of the country’s hydrogen refueling infrastructure.
Playing dirty? Recent OPEC production cuts are as large as total U.S. growth over the past 2 years…
While commodities were among the first assets to be traded on public exchanges, the irony is that this first market innovation should be resistant to the latest innovation: indexing.
espite the previous week’s strong GDP report and Friday’s strong payroll report, concerns of stubbornly low price and wage inflation combined with concerns of sluggish consumer spending and business investment led the FOMC to keep the Fed Funds target rate unchanged while indicating there is no strong reason to adjust rates either way.
Mental accounting is a truly defining feature of the human condition. We naturally sub-divide and categorize all sorts of events and resources, and not just with money either; it is a coping mechanism for our brains.
Just when you thought it was safe to buy guacamole again, Avocado prices surge 45%! Millennial purchasing power may never recover…
Thirty times rarer than gold, platinum occurs at very low concentrations in the Earth’s crust. There are only four countries in the world that have platinum mining operations of any significance and of these South Africa has the largest platinum resources by far.