Last Updated on Jul 1, 2022 at 16:23 Gold has always been the metal that humans have craved, fought over, and hoarded. What makes gold so desirable and precious is not how pretty it is or how easy it ...
Tag: Gold
Gold Price Forecast – Gold Markets Continue to Threaten $1800
Gold Market Technical Analysis Gold markets have gone back and forth during the trading session on Thursday, as we have seen more volatility in the marketplace. That being said, the $1800 level is an ...
Bitcoin is more like diamonds than gold
A Deutsche Bank analysis on Bitcoin by Marion Laboure and Galina Pozdnyakova was recently released. Deutsche Bank likens Bitcoin more to diamonds than gold According to the study of Deutsche Bank an...
The price of gold rebounds after Wednesday’s decline
At a time when the world is full of social problems such as wars and pandemics, financial problems such as inflation, and economic problems such as supply from raw materials, gold continues to serve i...
Gold price rallies before plummeting amid hopes inflation rate will cool off
After largely trading in the red zone, the price of gold briefly rallied, powered by fundamental indicators pointing to a slow down of inflation rates. On Thursday, June 30, the value of gold was up ...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value – Economics Bitcoin News
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value – Coinotizia
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central...
Gold as an investment; a long-term perspective
To many investors, gold was a disappointment during the COVID-19 pandemic and the high-inflation period that followed. Instead of protecting a portfolio from inflation, the price of gold declined from...
Crypto Winter Survival Guide: Frax (FRAX), PAX Gold (PAXG), And RoboApe (RBA)
– Advertisement – How long will crypto winter last? That is the question on the lips of every crypto participant right now. Many newbies are scared at the prospect of a prolonged bear mark...
Gold Stocks Are Worse Than Gold, Better Than Crypto
Gold Stocks Are Worse Than Gold The original article was published in September 2016. I just finished reading it again and find no reason to edit or modify its contents. The price of gold peaked in th...
Are Mushe Token (XMU), Dash (DASH), and Pac Gold (PAXG) the Best Cryptocurrencies to Focus on Despite the Crash?
Place/Date: – June 26th, 2022 at 10:33 am UTC · 4 min read Source: Mushe In the wake of the crypto winter, we’ve seen entire blockchain ecosystems crumble because of fearful investors. Those who...
G-7 Set to Ban New Russian Gold Imports in Pledge Backed by US
(Bloomberg) — US President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar with the plan said, the latest sanction in ...
Is Bitcoin (BTC) Better than Gold (XAU)? An Honest Analysis
Key Points Gold has a long history as a safe haven/store of value and carries immense cultural significance. Bitcoin and crypto have experienced significant gains in recent years, with potentially muc...
CEO of world’s largest gold miner sees ‘gold spiking up through $2,000’ in the next year
Gold traded around $1,827 on June 24 and is seemingly set to continue its second straight week of declines. In essence, expectations that central banks will continue to raise interest rates to fight i...
Cardano Joins Linux Foundation as Gold Member
Cardano has announced that it is now a member of the Linux Foundation. According to a blog post, the Cardano Foundation has joined as a gold member, becoming the only nonprofit active at this level. ?...
Cardano Joins Linux Foundation as the First Non-Profit Gold Member
The recent collaboration will help the Cardano Foundation to take further its goal of driving the adoption of blockchain technology to a vibrant open-source community. On Wednesday, June 22, the Carda...
Are Cryptocurrencies Pegged to Gold Worth Investing In?
Investors and retirees that want to store wealth long-term have started buying gold coins, as they retain value better than fiat currencies. However, some people want to invest in gold but are also in...
Cardano Bags Gold Membership In The Linux Foundation
– Advertisement – Cardano has joined the globally recognized Linux Foundation in the capacity of a Gold Member. We are excited to welcome the Cardano Foundation as a Linux Foundation Gold ...
Silver Price Prediction – Prices Rise Despite a Dip in Gold
Key Insights Silver prices traded in a tight range. Gold prices also consolidated, capping the precious metals complex. Treasury yields were nearly unchanged. Silver prices traded sideways along with ...
Gold Proves To Be A Safe Haven Asset Amid Bitcoin Crash
The advantages of holding bitcoin over gold have been publicized and debated countless times. These two digital assets, one a physical asset and the other referred to as the “digital gold”, have both ...
Bloomberg Analyst Says Bitcoin and Gold Could Benefit From Potential Incoming Deflationary Phase
Bloomberg’s senior commodity strategist Mike McGlone says a new deflationary period may be arriving to the financial landscape, from which Bitcoin (BTC) and gold could benefit. The analyst tells his 4...
Gold price prediction amid becoming the only asset class holding its value so far this year
One of the most controversial assets this year is gold. Criticized by many that it failed to act as a hedge against inflation, it currently is the only asset class that has held its value so far in th...
Switzerland Imports Russian Gold for First Time Since War
(Bloomberg) — Switzerland imported gold from Russia for the first time since the invasion of Ukraine, showing the industry’s stance toward the nation’s precious metals may be softening. Most Rea...
Bitcoin Investment Losses Force Man In Thailand To Rob Gold Shop
In the midst of the chaos that has consumed the cryptocurrency market over the past several weeks, many investors, even those with substantial Bitcoin holdings, have sustained significant losses, prom...
Gold Price Prediction – Prices Consolidate Over Juneteenth
Key Insights Gold prices consolidated during the Juneteenth Holiday. The dollar eased as gold traded sideways. The bond, stock, and commodity markets were closed Gold prices traded sideways. The dolla...
Biggest Ethereum Whales Flock to Apecoin, PAX Gold, Stablecoins and Three More Altcoins: On-Chain Data
Fresh on-chain data shows the world’s biggest Ethereum whales are turning their attention to a diverse array of altcoins in multiple sectors as ETH itself struggles on the price charts. The latest num...
Desperate investor raids gold shop to cover cryptocurrency losses
During the carnage that engulfed the cryptocurrency market over the course of last week, many investors suffered heavy losses, including those who have invested in Bitcoin (BTC), leading some to resor...
With His Bitcoin Bet, Michael Saylor Mistook ‘Scarcity’ For An Inflation Hedge
Argentina has a population of 45 million, while Switzerland can claim roughly 8.6 million citizens. Where it gets interesting is that the Swiss franc is one of the world’s most circulated currencies, ...