So what is happening to the price of gold and silver? If anyone has taken a look at the price lately, silver has fallen from roughly $45 per ounce to roughly $30 per ounce, while gold has fallen from roughly $1800 per ounce to roughly $1600 per ounce. This is quite a concerning fall for [...]
For centuries, people have used gold and silver as currency. They would buy everything with these precious metals and sell everything for these metals. Since these are precious metals and there is a limited amount of it in the world, it is a hedge against inflation (since more can’t be printed at will like with [...]
