What is the reason for the latest drop in the price of gold?
2022 has become one of the most challenging periods in the global economy and finance, with stock market crashes, record inflation, and economic recession.
All this will usually lead to investors starting to transfer their capital into the most stable assets, such as gold.
This is what happened in practice: in 2022, demand for the precious metal grew by 18% and reached its maximum over a 10-year period.
Demand isn't expected to decline in 2023, with most national banks planning to increase their gold reserves, and households buying up gold bars by the kilogram. All this is happening against the backdrop of declining supplies from Russia.
More than Forex! How thousands of traders are making money at NPB Invest
If Forex hasn't yet become a source of high income for you, or you want to earn money in a new, safe and comfortable environment, then this article is for you.
Today we're introducing a popular social trading service, NPB Invest. Why is it more than just Forex? How do thousands of traders make money using it?
We answer questions and explain why we recommend NPB Invest as the best investment platform for 2023.
NPB Invest : Security and Operation
Proper familiarization with a platform or other financial product begins with its developer.
In the case of NPB Invest, the developer is the reliable and time-tested broker NPBFX , which occupies one of the leading positions in the CIS space.
Forex trading contest with big prizes
It's very common to hear from beginning traders that they are professionals in stock trading, and the only thing that prevents them from making a lot of money is a lack of initial capital.
But you can prove your expertise in stock trading without money by participating in various demo account contests run by brokerage companies.
Although trading on demo accounts is conducted with virtual money, it is possible to win real money, which can then be used for trading or withdrawn to your bank account.
To win such Forex contests, all you need to do is open a demo account with a broker and demonstrate superior profitability over a limited period of time.
How to get shares of famous companies as a gift
The essence of success is that a person uses all the opportunities provided to him and, thanks to this, achieves what he wants.
This time, people interested in stock trading have a unique opportunity to receive shares of leading global companies absolutely free of charge.
This became possible thanks to a series of advertising campaigns conducted by one of the leading brokers in honor of the New Year 2023.
Brokerage company ForexClub (Libertex) credits new and registered clients with securities in the amount of 200 US dollars, credited in the form of a bonus.
How to get the 50% tradable Welcome Bonus from NPBFX?
With no hidden conditions or drawdowns, it helps you earn more and preserve your deposit.
This is the kind of honest and profitable bonus offered by the well-known broker NPBFX.
welcome bonus on your deposit is one of the best offers in the industry.
Please note! The bonus is available without any restrictions to traders from Russia and other CIS countries.
What are the benefits of trading with a bonus? How can I get 50% of my bonus funds as real money on my deposit from NPBFX?
Exchange hours during the 2023 New Year holidays
Traditionally, before the New Year holidays, most traders are interested in how the exchange will operate and what days the holidays fall on.
This information is necessary in order to close existing positions in a timely manner and avoid additional fees for carrying over positions.
In addition, one should not forget about the holiday reduction in liquidity for almost all traded assets, which leads to a significant widening of spreads.
Therefore, it is important not only to know how the exchange will operate during the 2023 New Year holidays, but also to constantly monitor the spread size in the days leading up to the holidays.
US elections and the impact of their results on the stock market
The most discussed topic at the moment is the midterm elections to the United States Congress.
The situation is quite complex and, according to most forecasts, as a result of these elections, the Republicans have a fairly high chance of replacing the Democrats in the House of Representatives and the Senate.
It is clear that such a change cannot fail to be reflected in the US stock and financial markets, and many investors are interested in the consequences of the ongoing elections.
What will happen if the Republicans come to power in the US? How will this affect the country's economy? What consequences can be expected for the stock market?
What to expect from gold prices in 2023, and how long will the precious metal continue to fall?
In 2022, a paradoxical situation has developed in the precious metals market: while demand for physical gold is growing, the price of futures contracts on the exchange continues to fall.
Historically, it has been generally accepted that precious metals begin to appreciate in value when inflation increases, armed conflicts occur, and economic instability increases.
But 2022 has overturned all the rules that have guided exchange trading for years, with the metal price behaving in an unusual way.
While gold reacted predictably at the start of the military conflict in Ukraine, its price has now fallen below 2021 levels.
Escalation of military conflict and possible consequences for markets
Almost a month has passed since the "Partial Mobilization" was announced in the Russian Federation, which planned to call up 300,000 military personnel.
The mobilization will significantly increase military activity in Ukraine and may lead to a new offensive on Kyiv from Belarus.
An escalation of the conflict is predicted for the end of October, beginning of November 2022, by which time Russia will be able to complete the training of newly conscripted military personnel.
The first warning signs of a worsening situation were calls from the Foreign Ministries of China, Egypt, and a number of other countries to leave Ukrainian territory.
More sanctions as a chance to profit from the downward trend
Over the past six months, we've become accustomed to markets constantly falling, and we're nostalgically recalling the times when you could buy a security and watch it grow while receiving dividends.
But a downward trend is not a reason to take a break from stock trading, as modern trading methods allow you to open uncovered short positions.
The main thing is to identify the news in time that will trigger a fall in the price of a particular company's shares.
One such piece of news recently is the introduction of sanctions against companies closely linked to the Russian economy.
What will the change in the Swiss franc interest rate bring?
The Swiss franc has been and remains one of the world's most stable currencies; it is not as popular as the euro or the dollar and is used more for storing capital than for making payments.
The Swiss franc has always been one of my favorite currencies, but the main reason why I was in no hurry to transfer my savings into this currency was the negative interest rate of the Swiss Central Bank.
It's a rather dubious pleasure to pay 0.75% per year on a deposit in Swiss currency and lose 7.5 francs for every 1000 in the account.
It's fairly easy to calculate how much money is lost over ten years, and if you factor in inflation and account maintenance fees, such investments become completely pointless.
Cashback from a reliable broker, NPBFX (connection checklist)
Cashback has become a ubiquitous part of the consumer industry. Retailers and service providers offer us cashback in the form of percentages, goods, points, and discounts. We're generally eager to take advantage of these offers.
Why miss out on profits?! When trading Forex, cashback from a reliable broker will not only help you reduce your trading costs – the entire amount is paid in real money!
This unique offer, " Cashback up to 60% of the spread!" is offered by the renowned company NPBFX .
The conditions are as transparent and clear as possible.
How does the mechanism work in practice, and what do you need to do to enable cashback on your trading account?
Execution of trades using ECN Core technology
Almost every trader knows that the highest quality service for executing exchange transactions is possible using ECN accounts.
The Electronic Communication Network (ECN) is a fully automated order execution system.
The main advantages of ECN are the absence of intermediaries, high liquidity, maximum execution speed, and transparency of the process itself.
But progress does not stand still, and to attract new clients, brokers offer even more advanced order execution systems.
Gas futures as a chance to make good money this fall
There are many assets whose prices are subject to seasonal influences, one of which is natural gas.
Moreover, prices for it are rising not only in anticipation of cold weather, but also with the worsening geopolitical situation.
Problems with gas supplies to Europe and the approaching winter are actively stimulating the growth of the price of this energy source.
The market is actively reacting to current events, and the price of European futures has already exceeded $2,500 per 1,000 cubic meters, while on the American NYMEX gas is selling at a price above $900 per 1,000 cubic meters.
Record inflation has driven up demand for gold
The military actions in Ukraine have had a huge impact on the global economy, most notably through the acceleration of inflation.
Prices are rising at record rates even in countries not directly involved in the conflict; inflation in developed countries has exceeded 10% per annum, while in countries with less stable economies this figure has exceeded 50%.
According to all forecasts, the negative trend is only gaining momentum and stabilization of the situation should not be expected until the end of the armed conflict.
The rise in prices also has an adverse effect on the exchange rates of national currencies, which are falling against the US dollar and the Swiss franc.
Default in Russia and its consequences for the ruble exchange rate and the stock market
Bloomberg , one of the most authoritative news agencies , reported that the Russian Federation defaulted on June 27, 2022.
That is, Russia was unable to repay its debt obligations to holders of government bonds in the amount of 100 million US dollars.
The funds were supposed to be transferred by 24:00 on June 26, 2022, but due to the blocking of Russian accounts, it was technically impossible to complete the required payment.
Therefore, it can be said that the default is purely technical, since the money is there, but there is simply no way to transfer it to the creditor.
What stocks to buy in 2022: what are billionaires' stock market picks?
There are a huge number of strategies for trading on the stock market, but the simplest of them remains the strategy of imitating the actions of market makers.
Unlike the foreign exchange market, securities transactions are often publicly available, so anyone can replicate the purchases of the world's leading financiers.
This strategy is ideal for long-term investments; earning money using it requires a substantial capital.
And profit is generated through the growth in the price of purchased company shares and the amount of dividends received on these securities.
Is it worth investing in gun stocks now?
Sales statistics show that the global demand for weapons has increased significantly since the onset of the pandemic. For example, Smith & Wesson Brands increased its gun sales by 2.5 times in 2020.
People began to arm themselves en masse in order to try to ensure their own safety in these troubled times.
The outbreak of military action in Ukraine has once again spurred demand for weapons, but unlike previous years, the increased demand now is for anti-aircraft missile systems, armored vehicles, and military aircraft.
What's happening right now with the stock prices of weapons companies that produce and sell weapons? Should we expect profit from such investments?
How the situation in Ukraine has affected global currency exchange rates
More than three weeks have passed since the outbreak of military action in Ukraine, and this event has had a dramatic impact on the situation on global markets.
After the panic on the main exchanges has subsided, it is possible to soberly assess the current exchange rates and, most importantly, the impact that the conflict is having on the economies of the countries involved.
In addition to the ruble and hryvnia, a week after the start of military operations, the Polish zloty also fell significantly, falling by about 15% to 4.60 zlotys per US dollar.
There has now been a pullback, and the price of the USD/PLN currency pair is currently 4.28 zlotys per dollar, which is still higher than on February 23, 2022.
Ruble exchange trading in the current realities of spring 2022
Since the outbreak of military action in Ukraine, the number of exchange transactions involving the Russian ruble has increased hundreds of times.
Most transactions involve exchanging Russian cash for harder currencies from other countries. The US dollar and euro are traditionally the most popular.
In this way, people try to protect their savings from depreciation due to inflation and a rapidly falling exchange rate.
The situation on the foreign exchange market is quite complex, and the introduction of a 12% tax on the purchase of foreign currency has only further accelerated the downward trend.
What will the chip shortage lead to and how can this problem be exploited to make money on the stock exchange?
Almost every internet user has heard about the problem with the supply of chips (integrated circuits), which are used in the production of gadgets and cars.
This shortage arose in 2019 after several factories producing these high-tech components were shut down.
The problem has not been resolved in either 2020 or 2021, and demand for products using chips has only increased, thereby increasing demand for integrated circuits.
As a result, many global corporations were forced to reduce production of their products, and sometimes even shut down entire factories.
A new blow to the crypto market, or how the Bank of Russia's ban will affect cryptocurrency rates
The current situation in global financial markets cannot be described as calm; news is constantly emerging that creates new trends.
Therefore, despite the approaching New Year holidays, prices for various assets are rapidly falling and then rushing upward again.
The New Year rally has not bypassed the cryptocurrency market; Bitcoin, which not long ago was selling at $60,000 per coin, is now trading below $50,000.
But it's entirely possible that the cryptocurrency hasn't yet reached its bottom; further news from Russia could resume the downward trend.
How much will Bitcoin cost in 2022: buy, sell, or wait?
After Bitcoin cryptocurrency once again reached a price of $60,000 per unit, investors once again turned their attention to this asset.
Thanks to the growth, many optimists who bought cryptocurrency at $40,000 were able to make a good profit, and an example of a successful investment is always the best advertisement.
Now everyone is interested in how much Bitcoin will cost in 2022, what the price outlook is, and what could influence the price.
At $60,000, it's quite difficult to decide whether to buy more or whether it's time to sell what you've already bought, since the price is currently at its historical maximum.
Cryptocurrencies are gradually losing their main advantage
Over the past ten years, cryptocurrencies have gained unprecedented popularity among people working online or wishing to conceal their income.
And this is not surprising, because the main advantage of Bitcoin and similar assets is the complete anonymity of the sender and recipient.
Moreover, unlike a bank, you can’t send a request and receive an answer – How much money is stored in a particular person’s account.
This means you can make a profit in cryptocurrency without anyone knowing about it, and then buy expensive items while remaining anonymous.
Reasons for Bitcoin's decline and its near-term price outlook
While many stock market players were expecting long-term growth, the price of the main cryptocurrency Bitcoin fell.
Sometimes it's simply shocking how easily the world's powerful can influence stock prices; just one phrase is enough for the price of an asset to rise or fall within a couple of hours.
This is what happened this time, after Elon Musk announced that his company would stop selling Tesla electric cars for cryptocurrency.
After this, the price of Bitcoin began to fall rapidly, and as a result, the rates of other cryptocurrencies also fell.
As a result, the minimum price of Bitcoin was only $45,890 per unit, the lowest the cryptocurrency has fallen since March 2021.
How the exchange operates during the May holidays in 2021, and trading restrictions
May 2021 gave us the gift of a rather long weekend, but the stock market is operating under its own rules.
Therefore, many traders are interested in how the exchange operates during the May holidays in 2021, in order to organize the process of opening trades as efficiently as possible.
Let's start with the fact that the changes will primarily affect trading in currency pairs such as USDRUB, EURRUB, and assets traded exclusively on Russian exchanges.
This year, May 1 and 2, 2021, fall on a Saturday and Sunday, so trading is closed for all assets except cryptocurrency pairs at some brokers.
How to protect your money from inflation: the most relevant options
The pandemic has radically changed the lives of many people around the world, with many losing their jobs or taking long leave.
Humanity has never before faced such a severe economic crisis; its main difference from all previous ones is its global nature and longer duration.
In an attempt to somehow rectify the situation, governments in many countries have launched printing presses, increasing the amount of money in circulation.
These actions triggered inflation; today, everything is becoming more expensive – gasoline, food, utilities, clothing, and household goods.
Analysts also predict rising real estate and land prices throughout 2021, and the end of the pandemic will only accelerate this trend.
Will Bitcoin rise in 2021? Predicted price peak
Cryptocurrencies are gaining increasing popularity in the modern world every year. In 2021, Bitcoin remains the most popular.
It is used both for various payments and as an investment asset, along with gold, real estate and securities.
Most investors are interested in the traditional question: “Will Bitcoin grow in 2021?” and is it worth continuing to invest in this asset?
After record growth, which has increased in price almost fivefold over the past year, a record decline could follow.
Changes to stock exchange trading for Easter 2021
There are several important points in stock trading that every trader should take into account in their work.
One such time is during holidays, when trading on exchange platforms is limited or does not take place at all.
If you fail to close a trade before the holidays, the broker will add a swap fee for the entire period of position maintenance to the spread.
And the decrease in liquidity these days often causes the spread to widen excessively.
Therefore, it is advisable to know about upcoming holidays in advance so as not to miss the right moment to exit a deal.
Bitcoin's market capitalization hits $1 trillion again
Despite the fact that many financiers called the digital currency Bitcoin a bubble just a couple of years ago, its capitalization continues to grow.
This means that more and more people are starting to trust the main cryptocurrency, investing in it and increasing the value of this asset.
And today, once again, Bitcoin's market capitalization reached the $1 trillion mark, indicating a high probability of a new upward trend.
Moreover, along with capitalization, daily trading volumes are also growing steadily; at the moment, they are in the region of 50 billion US dollars.
Which is roughly equal to the annual budget of a country like Ukraine.
WHO forecast for the end of the pandemic and what to expect in global markets in 2021
We're all tired of the protracted COVID-19 pandemic. Constant restrictions and mask-wearing are complicating our lives and negatively impacting our mental health.
But that's not the worst of it: the epidemic has been negatively impacting the economy for the second year running, with people losing their jobs and, with them, their livelihoods.
The coronavirus hasn't spared global markets either, with economic problems causing the value of most securities to plummet.
Against this backdrop, everyone is wondering: when will the pandemic end and the world return to normal?
Yesterday, the WHO announced an approximate date for this joyous event; experts from the World Health Organization believe the end of the pandemic should be expected in early 2022.
Page 3 of 6
