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November 20, 2023Key Gold Headlines

Industrial Demand for Silver on Pace to Set Record in 2023

Industrial demand for silver is expected to set a record in 2023. According to a forecast by Metal’s Focus in conjunction with the Silver Institute, industrial silver demand is on pace to rise by 8% to a record 632 million ounces.  Investment in photovoltaics, power grid, and 5G networks, along with growth in consumer electronics […]

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November 16, 2023Key Gold Headlines

Major Hedge Fund Turns to Gold

Greenlight Capital reported a major increase in its exposure to gold as the hedge fund’s founder worries about the direction of the markets. In a Q3 letter to investors, David Einhorn expressed concern about geopolitical uncertainty, the rising price of oil, and inflation.

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November 13, 2023Key Gold Headlines

Moody’s Lowers US Credit Outlook to “Negative”

Mainstream media pundits and politicians generally act unconcerned about the skyrocketing national debt and ever-growing budget deficits, but somebody has taken notice. On Friday, Moody’s Investor Service lowered its outlook on US government credit from “stable” to “negative.” This could be a prelude to a downgrade in the country’s AAA credit rating. The agency typically […]

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