While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be ...
Tag: Gold
even with the super-sized rate hike, gold remains a winner
Gold price is hovering around the critical level of $1,850 after rebounding from the one-month low of $1,805.59 hit earlier in the week. Even after Fed’s super-sized rate hike, the precious metal rema...
Gold, Stocks, and Bitcoin – Weekly Overview; Bank of America Stock Pick
This week’s price movements for Bitcoin (BTC) and gold – and our stock pick is Bank of America. BTC Bitcoin’s weeks have gone from bad to worse. BTC was hovering around $30,000 towards the beginning o...
Physical gold demand surges as financial assets bleed out
The confluence of several less-than-once-in-a-generation factors has dragged financial markets down throughout 2022. For those still weighing whether we are in a bear market or not, Vijay L Bhambwani,...
Holding Gold through Cryptos in 2022 with AABB – crypto.news
With the evolution of financial markets, some investors may be tempted to believe gold is no longer an attractive asset. The truth appears to be different, with the latest inflation increases bringing...
Yamana Expects to Turn Gold Fields Skeptics Into Deal Believers
(Bloomberg) — The few Gold Fields Ltd. shareholders who expressed reservations about the South African company’s $7 billion takeover offer for Yamana Gold Inc. will come around to the deal’s ben...
Gold Market on the Rise
Advertisement     The current economic scenario has awoken the gold bulls on the financial markets. The fears of an economic recession and the currently high inflation...
Crypto Gold (PAXG) Goes up 40% Against Bitcoin (BTC) During Latest Collapse
Crypto Gold contract PAXG once again overperforms Bitcoin (BTC) in the recent market bloodbath. Since the beginning of the collapse on June 7, PAXG showed an astonishing market performance, with a 50%...
Chairman of McEwen Mining Corp sees gold at $5k, says more market pain ahead
As the Federal Reserve (Fed) continues to raise interest rates and inflation keeps rising, the wider markets only seem to be headed in a one-way direction of misery. Meanwhile, during the Prospectors ...
Billionaire Stanley Druckenmiller Says Bitcoin Beats Gold in a Bull Market Inflationary Environment – Here’s Why
Billionaire investor Stanley Druckenmiller is outlining when he thinks it’s smart to own Bitcoin (BTC) and when he thinks it’s better to own gold. While speaking at a recent Sohn Conference panel, the...
When We’re Not Booming and Busting a La Bitcoin, We’re Stagnating
As most are aware, the various cryptocurrencies are in correction mode at present. Some of this is rooted in a reality discussed in this column a few weeks ago about why these private money concepts l...
Despite Market Retracements, Stan Druckenmiller Still Prefers Bitcoin Over Gold
The American investor, hedge fund manager, and philanthropist – Stanley Druckenmiller – believes the US economy is heading towards recession “sometime in 2023.” Amid his projection of an “inflationary...
Gold Price Forecast – Gold Markets Get Crushed
Gold Market Technical Analysis Gold markets have gotten absolutely slaughtered during the trading on Monday as the 10-year yield broke above the 3.25%. Quite frankly, this is a horrific candlestick, a...
Bitcoin Over Gold, It Is What Stanley Druckenmiller Prefers In The Inflationary Bull Market
Stanley Druckenmiller, the prominent billionaire hedge fund manager has recently expressed his views about Bitcoin and gold, and how he wants to hold both of them. This was while he was giving an inte...
Invest in cans of tuna as you can’t eat Bitcoin or gold
As the cryptocurrency market is suffering dramatic drops in value, leaving industry experts and investors unsure about where it is going and where to make an investment, one prominent investor is warn...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’ – Coinotizia
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, ...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’ – Markets and Prices Bitcoin News
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, ...
Qualities of Bitcoin That Fit the Gold 2.0 Narrative – crypto.news
Since its debut in 2009, BTC has attracted a vibrant core of proponents who are bullish on its prospects of upending gold as a store of value and investment vehicle. The notion that bitcoin is digital...
Bitcoin to $20,000 and Ethereum to $1,000, Says Economist and Gold Advocate Peter Schiff
Arman Shirinyan As analyst suggests, cryptocurrency market may fall even deeper over weekend, as traders look for ways of de-risking portfolios One of the most famous Bitcoin and crypto critics, gold ...
3 Big Dividends That Crush Inflation And Gold
Stack of gold bars. getty There are few things that have a stronger hold on investors’ imagination than gold. When inflation and market volatility spike, many folks simply can’t resist the yellow meta...
Why Bitcoin? Gold Shipment Ordered Since 2015 Yet to Arrive
A monetary gold transfer from London to Switzerland, which took place in 2015 has failed to complete to date. According to a report by ZeroHedge, the transaction was scheduled to be completed within f...
May was the month of gold- The Cryptonomist
Investors took advantage of the favourable situation to increase their exposure to gold, according to data from Spectrum Market. The SERIX, or the Spectrum European Retail Investor Index, is a 100-bas...
Central banks are increasing gold reserves as inflation, supply chains fear looms
The amount of gold held in reserve by the world’s central banks has been increasing gradually over the last decade. During this period, gold holdings by central banks have grown to almost 35,600 tonne...
MicroStrategy CEO Michael Saylor Says Bitcoin is Better Than Gold
3 hours ago | 2 mins read Editors News Microstrategy held 129k in bitcoin as of March 31. Michael Saylor said bitcoin is better than gold In a television interview, Michael Saylor, the CEO of MicroStr...
Gold Coast Mayor Working Towards Bitcoin Payments For Local Taxes
Australia’s Gold Coast Mayor takes a step towards crypto tax as he plans Bitcoin payments for local taxes. Despite the criticisms raised by some folks on Bitcoin (BTC) volatility, the Mayor seem...
Top 5 reasons why gold failed as a hedge against inflation
Inflation is running hot around the world. Advanced, developing, emerging, and frontier markets, they all feel it. Most recently, it was announced that inflation in Turkey reached 73.5% in May, the hi...
Fiji Hands U.S. Seized $300 Million Russian Superyacht Owned By Oligarch
Topline Fiji has handed the U.S. a $300 million superyacht Washington claims is tied to billionaire gold magnate Suleimon Kerimov, the country’s top prosecutor said on Tuesday, ending a protracted leg...
Australia’s Gold Coast Mayor Tom Tate Recommends Crypto for Tax Payments – crypto.news
Australia’s Tom Tate has suggested that Gold Coast residents could pay their taxes in bitcoin and other cryptoassets in the near future. Tate says he thinks crypto volatility is not ‘that bad,’ and in...
Australia’s Gold Coast flirts with crypto-payments despite concerns
Mayor Tom Tate of Gold Coast, Australia, has suggested that people could use cryptocurrencies to pay local taxes in the future. However, detractors have raised concerns about volatility and the ongoin...
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months – Altcoins Bitcoin News
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top...
Gold Coast Mayor Proposes Allowing Bitcoin for Property Tax Payments
The mayor of Australia’s Gold Coast has suggested that citizens should be allowed to pay their property taxes in bitcoin. Mayor Tom Tate has said that it would send a positive signal to younger ratep...