Gold's Powerful Price Reversal on the Way?
Despite a drop in today’s pre-market trading, gold’s recent dramatic weekly reversal remains a key context. This reversal, characterized by gold skyrocketing above $2,100 and...
SEC’s Gary Gensler Had Crypto in His Sights for Years. Now He’s Suing Binance and Coinbase.
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The Air Has Come Out of the Dollar: WSJ
The U.S. economy no longer looks so exceptional. That is bad news for the dollar. An almost decadelong runup has left the greenback heavily overvalued, some...
‘How to Buy Gold’ Hits a Google Record as Crypto Investors Chase World’s Oldest Asset: WSJ
The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster. [ad_2] Source link...
Why Central Banks Added $70 billion Worth of Gold to their Stockpiles
The yellow metal is expected to hold its value through the turbulent times ahead, enabling central banks to diversify from U.S. Treasuries and the dollar....
Bitcoin Price Is Stable Despite Trouble at Silvergate. But Banks Are a Risk.
Text size Bitcoin prices have largely failed to consolidate recent gains above $24,000. Dreamstime Cryptocurrencies held their ground on Thursday, seeming to shrug off news...
Gold hits fresh 6-month high as dollar weakens, yields retreat
Gold prices climbed on Wednesday to their highest levels in more than six months as the precious metal’s latest winning streak continued, driven in part...
An Epic Dollar Rally Goes Into Reverse—and Investors Expect Further Declines
Markets Finance WSJ Dollar Index on track for biggest yearly gain since 2014 [ad_2] Source link...
Biden Administration Delays Tax Rules for Crypto Brokers
Markets Currencies Cryptocurrency Cryptocurrency brokers don’t have to start reporting customers’ gains to IRS until the administration finishes writing the rules [ad_2] Source link...
‘Wealth effect on steroids’: Here’s the potential fallout from $22 trillion lost by investors this year, according to BofA
Bank of America says a “wealth effect on steroids” may impact the U.S. economy as a result of the fall in the value of stocks...