Articles written by Henry Stater - Benzinga

Is Gold Gearing Up for a Breakout? Technical and Geopolitical Factors Align

|As gold hovers around the psychologically significant $2,000 price level, an exciting technical indicator seems to be emerging, signaling a potential upside for the precious metal. A bullish pattern known as the "cup and handle'' may be forming on gold's price chart, potentially foreshadowing a new era of growth for the safe-haven asset.

The Ultimate Gold Dilemma: Will $2,000 Be the Launchpad or the Cliff?

|The $2,000 price level has long been a monumental resistance level for gold, with the precious metal struggling to breach it for more than a few days.

Is the Gold Standard Coming Back in Texas? Legislators Propose Gold-Backed Digital Currency

|The gold standard as it existed under the Bretton Woods system until 1971 is likely never coming back. There are a myriad of reasons for this but the most important lie with the US government’s ability to control the economy. Under the gold standard, the government no longer has the tools it uses to support the economy.

Platinum vs Gold: Which Precious Metal Is the Best Investment For Preserving Wealth Right Now?

|In today's turbulent economic landscape, investors are growing increasingly concerned about the future. There are a myriad of worrying factors holding the economy down including the recent bank issues, high interest rates, persistent inflation, and a weakening US dollar.

What the Slowing Job Market Means for Gold and Silver

|The U.S. job market is showing signs of slowing down as indicated by the Treasury Department’s Tuesday morning's Job Openings and Labor Turnover Survey (JOLT) report. According to the report, job openings in February dropped by 630,000 to 9.9 million from 10.56 million in January.

Bitcoin vs. Gold: Here's What the Founder of the World's Largest Hedge Fund Would Choose

|The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements as both are used to circumvent banks and other centralized financial institutions. The question is, which one is a better choice in the current economic climate?

Will Deutsche Bank be the Next to Fall? Worried Investors Are Already Turning to Gold

|After Silicon Valley Bank became the second-largest bank of all time to fail, investors and analysts across the world have been sounding alarm bells.

Investing in Fear: Why the Fed Rate Hike Has Investors Turning to Gold and Silver for Security and Profit

|Few analysts and investors were surprised when the Federal Reserve raised interest rates by another 25 basis points. While the decision to hike rates comes as no surprise, it has already stirred up debate among financial experts.

The Perfect Storm: Interest Rate Hike, Inflation and Banking Crisis Send Gold Prices Above $2,000

|Gold is a popular safe-haven asset and hedge against market uncertainty, so it wasn’t much of a surprise when gold prices started to rise following each of this month’s major economic crises.

Behind the Gilded Curtain: Why Billionaires Love Gold and How You Can Get the Same Benefits

|Gold has been popular with the elite for millennia, going back to ancient Egyptian pharaohs. It has consistently held an allure for the wealthiest and most powerful people who existed.

3 Things You'll Want to Own If the Sh*t Hits the Fan

|As the world watches with trepidation the recent string of bank runs, liquidity crises and outright failures sparked by the collapse of Silicon Valley Bank and Signature Bank, many are considering where this crisis will lead.

Is Silver the Next Gamestop? How Retail Investors Challenged Wall Street Giants Again

|In the wake of unprecedented short squeezes involving stocks like GameStop and AMC in early 2021, a group of retail investors from the Reddit forum r/WallStreetBets (and the spinoff called r/WallStreetSilver) set their sights on the silver market, attempting to challenge Wall Street giants with a so-called "silver short squeeze."<

Will Bank Runs and Failures Cause a Run on Gold and Silver? How Precious Metals Can Protect Your Wealth

|The recent failures of Silicon Valley Bank and Signature Bank, two of the largest banks in the United States, piled on top of existing crises like inflation and the war in Ukraine, have raised concerns about the stability of the global financial system.

The Greatest Hedge Fund Manager of All Time Says to Get Your Kids This to Get Them Started Investing

|Looking for the perfect way to get your kids or grandkids on the path of smart investing?

Here's Why Investors are Turning to Gold and Silver After Silicon Valley Bank and Signature Bank FDIC Backstop

|Global financial markets started to panic last week after Silicon Valley Bank — SVB Financial Group (NASDAQ: SIVB) — the 16th largest bank in the U.S.

The Race is On: When Will the World Run Out of Gold?

|Gold is famous for its rarity and that likely won’t change any time soon. In fact, the global demand for gold hit a decade peak in 2022 while its supply continues its nearly 7-year plateau. So gold is in high demand, but will it run out any time soon?

Why Central Banks Drove Global Gold Demand to Decade High in 2022

|Global gold demand rocketed to a new decade high in 2022 and it wasn’t retail buyers or investment firms driving the increase.

You Could Have Served 10 Years in Prison For Investing In This But It's Legal Now!

Did you know that investing in enough gold in the U.S. was illegal, punished by major fines and up to 10 years in jail! In 1933, President Franklin D. Roosevelt signed an extreme executive order to try to save the economy that changed gold and precious metals investing forever. It forced the American people to sell their gold to the government for a fixed price.

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Invest Like the Elite: One Investment They All Hoard

The ultra-rich often have their own investment strategies and preferences that differ from those of everyday investors. This is often because they are only feasible or profitable at an exorbitant scale. However, this isn’t always the case.

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NFT Platform UREEQA Announces Music Publishing Administration Services

|What Happened: Today the IP protection company UREEQA announced that they will be moving into music publishing administration. The move is not altogether surprising because it is already working to protect the IP of creative people.