The Currency of Last Resort: GOLD

The Currency of Last Resort: GOLD

Mar 24, 2020 | Gold

Goldman Sachs says now is the time to buy gold, the safe-haven asset, amid market panic over the impact of the growing coronavirus pandemic.  The commodity, which is considered “the currency of last resort,” has slumped lately as investors sell the safe...
Dow Plummets and S&P 500 Sinks

Dow Plummets and S&P 500 Sinks

Mar 9, 2020 | Economic Collapse

Stocks cratered Monday as investors grappled with the sinking price of oil and the spread of the coronavirus. The Dow Jones Industrial Average tanked 1,969 points, or 7.6%, on pace for its worst day since December 2008. The S&P 500 plunged 7.3%. The 30-stock...