Monthly Archives: February 2023
Cheap Consumer Loans Might Backfire in China
Written on February 20, 2023 at 5:50 am, by lishitong
President Xi Jinping’s effort to stimulate China’s economy through increased consumer spending is facing a new challenge as citizens misuse cheap consumer loans. Borrowers are using low-interest loans to prepay mortgages or invest in stocks, instead of buying goods as intended. This practice, which is prohibited by regulators, threatens to undermine Beijing’s plan to fosterContinue Reading
What Are The Factors That Affect Gold Prices?
Written on February 17, 2023 at 8:30 am, by lishitong
Understand Deeper About How Gold Prices Work. Gold is one of the most widely-traded commodities in the world, and its value can fluctuate greatly based on a number of different factors. Here are some of the key factors that affect gold prices. Gold Prices Factor #1: Supply And Demand Not all of gold’s movement isContinue Reading
Understanding The Gold-Silver Ratio Trading Strategy
Written on February 16, 2023 at 8:52 am, by lishitong
What Is The Gold-Silver Ratio? Simply put, the gold-silver ratio is the price of gold divided by the price of silver. In other words, it is the amount of silver that is equivalent to one ounce of gold. This ratio has historical significance, having been used as a tool to maintain the stability of currency.Continue Reading
