Tag Archives: invest

We will let you know what we are doing once we know what we are doing was the message from the Federal Reserve statement and Chair Powell’s press conference that followed. The Fed, as widely expected did raise their short-term rate, known as the fed funds rate, by .25% to a range of 0.25% to 0.50%. This was the first increase since 2018. Along with the statement FOMC (Federal Open Market Committee) participants also released their Summary of Economic Projections....

As part of the sanctions against Russia, seven Russian banks have been cut off from SWIFT. We start by discussing what SWIFT is, and then the implications of completely cutting Russia out of SWIFT. What is SWIFT and Why Russia is Being Excluded SWIFT – The Society for Worldwide Interbank Financial Telecommunication is a messaging system that links more than 11,000 banks in 200 countries. The system doesn’t move actual money between the banks but...

The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week. Before focusing in on investment demand below a few notes on overall gold demand in the first quarter. Total gold demand in the first quarter of 2021 was down 4%. However, because gold production and gold demand (jewellery, bar and coin etc.) are decentralized around the globe, and no...