2 / 13 Relevant items tagged with #gold
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Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
[Oct 14 3:30 AM] Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold…
Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse
Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case
Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns – Details Here
[Oct 9 11:00 AM] According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative. Despite The Gains, Bitcoin Fails To…
Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
[Oct 8 9:50 PM] Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo.
Bitcoin Price Up 40% YTD, but Gold Wins on Risk-Adjusted Returns
[Oct 8 12:08 PM] Bitcoin's year-to-date return to volatility ratio is significantly lower than gold, according to analysis by Goldman Sachs.
BlackRock Declares Bitcoin The New ‘Gold Alternative’ – Here’s Why
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
[Oct 8 1:30 AM] Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s…
Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar
[Oct 7 10:30 PM] Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto…
Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
[Oct 4 8:17 AM] Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
[Oct 4 6:35 AM] Most gains come in the latter part of the month.
JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum
Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project
[Oct 2 8:00 AM]
Bitcoin tanks, gold rebounds as Israel vows Iran ‘will pay’ for attack
[Oct 2 3:20 AM] The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.
Central Bank of Tanzania to Hoard 20% of Total Gold Exports
[Oct 1 9:20 PM] The Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves. The movement is seen as a reaction to the current acceleration of gold prices, with Tanzania aiming to amass at…
Bitcoin Tumbles to $61K, Diverging from Gold as Middle East Tensions Flare Up
[Oct 1 2:56 PM] The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
[Oct 1 12:30 AM] Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the…
Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
Sound Money Defense League Executive: Gold Protects Against Inflation, Fiat Risks
[Sep 29 5:20 PM] In a recent interview with Kitco News, Jp Cortez, the executive director of the Sound Money Defense League, discussed the growing sound money movement across the United States. Cortez emphasized the significance of legislative wins, such as the…
Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
[Sep 28 7:08 AM] Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
Bitcoin Correlation With Gold Now At Highest Level Since March
[Sep 25 10:00 PM] Data shows Bitcoin has been becoming increasingly correlated with Gold, a potential sign that the digital Gold narrative is making a return. Bitcoin Correlation With Gold Has Risen To 0.75 Recently In a new post on X, the market intelligence…
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
[Sep 25 7:30 PM] In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors…
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
Bitcoin To Outshine Gold By 400% By 2025, Veteran Analyst Predicts
[Sep 23 3:31 PM] Veteran analyst Peter Brandt is making a bold prediction that is creating a lot of talk in the crypto arena: by 2025, Bitcoin should see its price jump 400% relative to gold. He feels that, according to the market patterns witnessed so far, Bitcoin…
Bitcoin leads $321M crypto inflows following Fed rate reduction
[Sep 23 10:33 AM] Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported.
Gold hits new high as Bitcoin rallies to month high at above $64K
[Sep 23 6:10 AM] Gold has gained more than 5% in two weeks, reaching a record high driven by rate cuts and geopolitical tension.