News and Updates

Found at last: Forrest Fenn's Treasure (UPDATE)

Found at last: Forrest Fenn's Treasure (UPDATE)

The Legend of Forrest Fenn's Treasure concludes with the confirmation of the find by Mr. Fenn himself on June 6th, 2020. (UPDATE with new photos and developments on the find)

Tuesday, June 9, 2020   •   Views: (5047)

Gold Price Volatility In The Face Of COVID-19

Gold Price Volatility In The Face Of COVID-19

With the COVID-19 pandemic spreading rapidly across the world, a new global recession is all but assured. Deutsche Bank predicts China having two consecutive quarters of 30%+ contraction, while the US is anticipated to have a 12%+ contraction in the second quarter. As recession looms, it stands to reason that gold prices should be rising. Should being the operative word. Instead, we’re faced with a bit of a funky situation. Gold prices are falling. In the last month, gold has fallen nearly 7%. Granted, that is far less significant than the 9000+ point collapse of the Dow Jones in the same timeframe (roughly a third of its value). However, the drop is still surprising. Why is it that gold is falling?

Sunday, March 22, 2020   •   Views: (1522)