This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. ...
Tag: Golds
Gold’s market value now 6x higher than world’s 10 largest banks
For centuries, gold has been regarded as a status symbol, alongside acting as an important financial product that has retained significant valuation. Notably, despite gold also being impacted by econo...
Bitcoin Could Repeat Gold’s Rallies of the 1970s
BTC might hit the 10K mark – Experts BTC could eventually reach a price tag of six figures but will take time BTC Market Cap is down by 1% over the last 24 hours A generally followed crypto examiner s...
Analyst Says Bitcoin (BTC) Could Repeat Gold’s Rallies of the 1970s – But There’s a Catch
A widely followed crypto analyst says that top digital asset Bitcoin (BTC) could follow in the historical footsteps of gold and spark a massive rally. In a new video update, host of DataDash Nicholas ...
Austral Gold’s revenue drops over 15% despite a substantial increase in production
On August 25, Austral Gold Limited (ASX: AGD), a gold and silver explorer and mining producer released its half-year report for the six months that ended June 30, 2022. Production during the six mont...
Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge?
Gold has long been considered the ideal hedge against inflation for a long time. The precious metal has stood the test of economic meltdown, rising against the crashing value of the dollar, or so we t...
Sub-$22K Bitcoin looks juicy when compared to gold’s market capitalization
Bitcoin’s (BTC) price is down 56% year-to-date, but the correction was not strong enough to remove the digital asset from the list of top-20 global tradable assets. Bitcoin’s current $400 billio...
Bitcoin’s Up, Gold’s Down, the Euro Is Dragging – and It’s All Inexorably Tied
The U.S. The Bureau of Labor Statistics released the consumer price index (CPI), the “inflation number,” for June this week. So macro trends are this week’s featured flavor since CPI wasn’t exactly pr...
$45,000 Bitcoin looks cheap when compared to gold’s marketcap
Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importanc...
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value – Coinotizia
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoptio...
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value – Markets and Prices Bitcoin News
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoptio...