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Gold $2,589.64 Silver $31.20 Platinum $988.95 USD/CAD 1.3556

Gold $2,589.64 Silver $31.20

Gold: $2,589.64 Silver: $31.20 Platinum: $988.95 USD/CAD: CAD 1.3556

Tag Archives: Economics

The Long-term Trend of Gold

January 13, 2016 Posts by : Border Gold Corp. Investor Resources, Market Updates

As a commodity, gold prices fluctuate. These fluctuations can be very minor and can at times appear to be more significant. Any financial news channel you may tune into, or any financial news website you may visit will likely have the current price of gold, silver and even other precious metals readily available. While this information is great at providing a snapshot of current conditions, when investing in Gold, it is necessary to also take a macro-oriented stance.

The Dollar as the Reserve Currency of the World

January 11, 2016 Posts by : Border Gold Corp. Investor Resources, Market Updates

The U.S. dollar has enjoyed its status as the global reserve currency of choice for some time now. Since the implementation of The Bretton Woods Agreement, the dollar has been considered the anchor of the global financial system. Under this agreement, the United States guaranteed other central banks that they could sell their dollar reserves for a fixed rate of gold. Here, we examine the unique status of the US Dollar, and its role as a reserve currency within the global economy and financial markets.