7 / 17 Relevant items tagged with #gold
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Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030
[Sep 21, 2024 11:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to…
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
[Sep 20, 2024 9:30 PM] The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the…
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
[Sep 20, 2024 12:01 PM] With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates
Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’
[Sep 18, 2024 11:30 PM] Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising…
More Analysts Predict Gold Prices Could Reach $3,000 by 2025
[Sep 17, 2024 1:10 PM] The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $3,000 mark, driven by even…
UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’
Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022
[Sep 16, 2024 7:15 PM] Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been…
Economist Peter Schiff Criticizes Lackluster Media Coverage of Gold’s Bull Market
[Sep 15, 2024 7:30 PM] Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster…
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
[Sep 14, 2024 11:30 PM] Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real…
5 US States Settle With GSB Group Over Unregistered Crypto Sales
[Sep 14, 2024 8:30 AM] Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease…
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
[Sep 13, 2024 5:29 PM] Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.
Analyst Forecasts Gold Prices to Reach $2,950 as American Investors Escape From AI and Stock Market Bubbles
[Sep 12, 2024 4:30 AM] Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble…
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
[Sep 11, 2024 3:00 PM] Bitcoin {{BTC}} is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
Crypto for Advisors: Bitcoin and Gold, Stores of Value
[Sep 5, 2024 3:00 PM] The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of…
Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad
$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges
[Sep 4, 2024 2:30 PM] While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly
Central banks buying gold at record levels, but Bitcoin still outperforms
[Sep 2, 2024 5:36 AM] Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
[Aug 30, 2024 9:10 PM] On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with…
Secrecy of Argentine Gold Bullion Transfers Abroad Sparks Lawmaker Criticism
[Aug 25, 2024 2:30 AM] A series of gold bullion transfers abroad by the Argentine government has sparked a series of criticisms behind this action, bringing several lawmakers to question the secrecy of this matter. While experts state that this movement has to do with…
Robert Kiyosaki Pushes Bitcoin as US Debt Soars to Alarming Levels — Warns of Banking System Failures
[Aug 24, 2024 11:30 PM] Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold, silver, and bitcoin to safeguard against economic instability. Kiyosaki also points…
Bitcoin is holding $60K — Here’s why it’s important
[Aug 22, 2024 9:30 PM] Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.
Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’
Bitcoin On Brink Of Massive Breakout Like Gold In 2008: Hedge Fund CEO
[Aug 20, 2024 8:00 PM] In the latest edition of the Capriole Investments newsletter dated August 20, 2024, Charles Edwards, founder and CEO, draws striking parallels between the current market behavior of Bitcoin and the historical performance of Gold, particularly…
Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts
[Aug 19, 2024 10:30 PM] Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could…
Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’
[Aug 17, 2024 11:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them…
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
[Aug 17, 2024 5:30 PM] Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by…
Financial Analyst Peter St Onge States Saving the Dollar Is Easy: Return to the Gold Standard
[Aug 16, 2024 10:30 PM] Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the current central banking system. St Onge proposes returning to the gold standard, backing the total dollar issuance with…