The economic discussion would be greatly improved if it were passably understood that what we call “the economy” isn’t some living, breathing machine that can be engineered. An “economy” is just peopl...
Tag: Gold
Core Scientific Hits Virtual Gold Sales Growth At 800% And Net Margin Increases By 2,500%
Core Scientific’s operational profit was mainly offset by $46.0 million in higher general and administrative expenses, which were driven by $29.8 million in compensation-based expenses, according to t...
How bitcoin is becoming the new decentralized ‘gold standard,’ according to Terraform Labs’ Do Kwon
Do Kwon, Founder and CEO of Terraform Labs, recently made headlines with an announcement to purchase billions of dollars worth of bitcoin in order to establish “decentralized forex reserves” for UST, ...
Kinross Gold Plans to Divest Russian Assets
Kinross Gold Corp. on Tuesday said it has been developing plans to divest its Russian assets and is currently in exclusive negotiations with a third-party mining company regarding a potential sale of ...
Gold Requires A Blockchain Now? Is This A Sharp Twist Of Fate
The World Gold Council (WGC) and the London Bullion Market Association (LBMA) are releasing a blockchain pilot to trace gold provenance. The aim is to inspire the gold sector to integrate this techno...
Dignity Gold sponsored Ford Mustang wins first race at GT Sprint Series
Digital security company, Dignity Gold, announced today that the #77 Team Stange Ford Mustang driven by Ricardo Sperafico and sponsored by Dignity Gold, won its first race of the GT Sprint Race Series...
Gold Industry Plans to Use Blockchain Technology for Efficient Supply Chain
London Bullion Market Association (LBMA) and the World Gold Council (WGC) are among the biggest names in the global gold industry. Both players have recently announced a collaboration for the launch o...
Gold now needs blockchain in an ironic twist of fate
Two of the most notable players in the global gold industry are collaborating to design a scheme to help investors “trust that their gold is genuine and has been responsibly and sustainably sourced.” ...
Gold Industry Associations Launch Blockchain-based Integrity System
The London Bullion Market Association (LBMA) and the World Gold Council (WGC) have made a joint announcement in which the two gold industry associations have partnered to launch a new, blockchain-base...
Gold industry taps blockchain for supply chain management and fraud prevention
Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move that’s int...
Currency Markets Could Blow Up and Send Money Into Crypto, Gold, Stocks and Bonds: Raoul Pal
Macro investment expert Raoul Pal is warning of an under-the-radar economic trend shift lurking within the foreign exchange markets. The former Goldman Sachs executive points to sudden strength in the...
Gold price forecast as BOJ bond purchases strengthens US dollar
Gold price has begun the new week in the red amid a strengthening US dollar. The BOJ’s second offer to purchase unlimited bonds has boosted the greenback. Strong US dollar As is the case with other ...
legislative Bill to Sanction Russia’s Gold –
Four US senators have introduced legislation sanctions on Russia’s gold. Secondary sanctions would discourage the buy of Russian gold and plug a loophole that permits the Russian Federation to reduce...
Short-Term Wyckoff Accumulation Pattern Is Near Completion For Gold
Since a Wyckoff accumulation pattern in the smaller timeframe is about to complete, gold could be ready for a short-term uptrend to test the previous high near 2080 despite a Wyckoff change of charact...
How The West’s Ban On Russian Gold Could Backfire
Following Russia’s invasion of Ukraine about a month ago, the U.S. and its western allies swiftly imposed a raft of economic and trade sanctions on Russia, notably on buying oil, a partial SWIFT...
PhDs Killed Off the Gold Standard In 1971, Not ‘Guns & Butter’
It’s not very well known, but for much of the U.S.’s existence the dollar was linked to gold without any significant stock of gold as backing. This was logical. David Ricardo was clear that a gold sta...
Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’ – Bitcoin News
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of ...
Bitcoin, Binance Coin, Bora, and Bitcoin Gold Daily Price Analyses – 25 March Roundup
TL;DR Breakdown The global crypto market changes to bearishness, shedding 0.30% over the last 24 hours. Bitcoin has continued gains so far as it added 0.89% over the last 24 hours. Binance Coin, in co...
Gold, Stocks, and Bitcoin: Weekly Overview — March 24
Be[In]Crypto brings you this week’s price movements for gold, stocks, and Bitcoin (BTC) – our stock pick this week is Goldman Sachs. BTC This past week Bitcoin climbed to its highest price point in th...
Crypto can be the substitute for gold: DBS CEO
DBS Bank’s senior executive covered numerous important bitcoin themes in a recent interview with The Economic Times. Like many other supporters of the asset class, Gupta regarded bitcoin as a po...
June Gold Ranging as Traders Await Fundamental Breakthrough
Gold futures are edging higher on Tuesday despite soaring U.S. Treasury yields and a stronger U.S. Dollar, a combination that tends to weigh on demand for the non-yielding asset. Perhaps underpinning ...
‘Hoffman Family Gold’ Aims To Mine More Gems For Discovery
Hunter Hoffman, Jack Hoffman and Todd Hoffman (L to R) star in Discovery Channel’s ‘Hoffman Family … [+] Gold.’ Pilgrim Media Group, ©Discovery Channel Like many father-son tea...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums – Markets and Prices Bitcoin News
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitaliz...
Gold price forecast with Russia-Ukraine talks & bets on rate hikes at play
Gold price has bounced off Tuesday’s lows as the Russia-Ukraine crisis, and subsequent rise in the demand for safe havens, balance out talks on Fed’s interest rate hikes. gold price Fundamentals On th...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies – Regulation Bitcoin News
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CE...
Tokens pose lesser risk than gold and oil for UK investors: Survey
A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance — driven by factors such as ease of access and ...
How Has the Russia/Ukraine Conflict Affected Gold Prices?
Gold prices are largely on the up and up. By February 18th, they were at their highest in a year-and-a-half, and a big part of the reason had to do with the tense confrontation on the Ukraine-Russia b...
Opinion: Russia just made a case for owning gold—and nobody noticed
Here’s a strong argument for adding some gold bullion to your retirement portfolio right now, alongside those stocks and bonds. And it comes courtesy of Pavel Zavalny, the head of the Russian parliame...