The legendary global investor John Templeton once said that the best time to buy is “maximum pessimism” and the best time to sell is “maximum optimism”.
New York (CNN Business) The US Federal Reserve surprised the market on Wednesday with Continue reading
El Dorado is the lost city of gold or the mysterious South American country rich in countless treasures. El Hombre Dorado or El Rey Dorado-so, in Spain, the people called the mystic chief of the tribe of the natives, which Continue reading
For many years, scientists in many countries have been developing devices that can read a person’s state of health, such as temperature, blood pressure and brain activity. Such devices make life much easier for people who have to be under Continue reading
It’s no secret that people are now trying to find gold on other planets. Scientists believe that there are huge deposits of this metal on Mars and the Moon. In new discoveries and research on other planets scientists will be Continue reading
How was gold mined in the past? We might have learned about this by reading Jack London books, we watched westerns, adventure movies and we saw that gold was sifted in the wind or washed in the river. And in Continue reading
Freeport McMoRan’s Grasberg copper-gold complex in the Indonesian province of Papua produced nearly 2.7 million ounces of gold in 2018. The original deposit was discovered in 1936 by a Dutch geologist who called it Ertsberg or “ore mountain”. Continue reading
According to the Singapore DBS Bank, now is a good time for investors to increase their positions in gold. The vice president of a branch in Taiwan believes investors should use the current moment to buy a yellow precious metal. Continue reading
The gold standard was a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold. National money and other forms of money (bank deposits and notes) were freely converted into Continue reading
Miners in Western Australia say they have discovered two huge gold-encrusted rocks that are each estimated to be worth millions of dollars.
The largest specimen, weighing 95kg (210lb), was found to contain more than 2,400 ounces of gold, Canadian miner Continue reading
Saudi Arabian Mining Co. plans to invest in the mining industry several billion dollars. Thus, the Arabs intend to increase gold production to 1 million ounces over the next five years.
There are also rumors that Saudi Arabia intends to Continue reading