While numerous countries have discussed the possibility of issuing their own digital currency, the actual issuance of central bank digital currencies has in most cases failed to materialize. Aside from Venezuela’s much-derided petro, which doesn’t seem to be gaining much traction, no other central bank has issued its own digital currency. Until now. While many […]
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Buy low and sell high is what most investors want to do. And right now may be the right time to buy gold before it starts to climb again. Last year provided a great opportunity for investors to add to their gold holdings, as the yellow metal dipped at one point below $1,200 per ounce. […]
Continue ReadingMost Wall Street analysts are a pretty conservative bunch when it comes to predicting the price of gold. Since Wall Street firms can’t make the same money from trading gold that they can from trading stocks, bonds, currencies, and other commodities, they tend to downplay the importance of gold in investment portfolios and predict prices […]
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When it comes to assessing the actions of central banks, it’s important to pay more attention to what they’re doing rather than what they’re saying. When the Fed says that it’s going to stop running down its balance sheet, look at the H.4.1 release each week to see if that’s actually the case. And when […]
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With growing backlash from governments over its erosion of data privacy and growing discontent from users overs its censorship and suppression of alternative points of view, Facebook is desperate to staunch the flow of users leaving its platform and relieve pressure from government authorities. The company needs to hit a home run in providing a […]
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After a January jobs report that saw over 300,000 jobs added to the economy, most economists expected a milder February, with consensus estimates expecting about 180,000 new jobs. It came as a huge shock, then, that only 20,000 new jobs were added in February. That was one of the worst numbers in years, and feeds […]
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When women decide on the jewelry they wear for an evening out, they’re going to pick between gold or silver. But investors don’t have to choose one or the other, they can choose both. Each precious metal has its own advantages vis-a-vis the other, so here are a few of them that are most important […]
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Just as quickly as it rose at the end of 2017, Bitcoin stumbled and began to lose value in early 2018. And from February 2018 onward Bitcoin continued to lose more and more value. It was a perplexing move that befuddled Bitcoin investors and market watchers. It was especially confusing since stock markets were losing […]
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Traditionally gold and stocks are thought have an inverse price relationship. When stocks rise gold falls, and vice versa. That isn’t always the case, just a rule of thumb. And in general the relationship pertains more to bull markets. When stocks are in a bull market gold is not, and when gold is in a […]
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With federal regulation of Bitcoin and cryptocurrencies basically remaining stagnant, many states have taken it upon themselves to clarify the status of Bitcoin and cryptocurrencies. Ohio recently became the first state to accept Bitcoin as a payment for taxes. Online retailer Overstock already stated that it would pay some of its Ohio taxes in Bitcoin. […]
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