Is it time for a long-term investments in Gold

Large-scale revisions to forecast gold prices hit the market this week as analysts assess the impact of the COVID-19 crisis. Citing unprecedented fiscal and monetary stimulus, B. Riley FBR analysts said Tuesday they expect gold to rise to $ 2,500 an ounce in the third quarter and continue trading at those levels in the fourth […]

The huge demand for vital raw materials continues

Shoppers’ rush to stock up on non-perishable staples such as pasta and noodles to ride out the coronavirus crisis has boosted demand for wheat, which has risen sharply in futures markets on both sides of the Atlantic. In the UK, too, households have hunkered down as the outbreak has worsened, raising the prospect of restrictions […]

Brent crude oil rallying above 30$

The price of oil has been rising in the last two days. The main sort BRENT is currently trading at around $ 30 – up more than 22% from its lowest value in the last 17 years – $ 24.61 registered on March 18 this year. The reaction to the market comes amid mixed fundamental […]

Crude Oil: “Please mind the gap”

Oil is declining again today. Oil market capitulation has emerged due to a number of conspiracy factors. First, the collapse in OPEC’s negotiations with Russia and its reluctance to agree to a reduction in oil production. Second, the effective declaration… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

Gold goes over $ 1600, fear of COVID-19 drives precious metals to new highs

If you think coronavirus fears aren’t real in the market, you’re wrong. You look at the wrong market (the stock market). Speculation that COVID-19 will have serious effects on the global economy is mounting speculation that central banks will have to interfere with more stimulus, which drives the growth of precious metal. Gold has gone […]