Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to shares, whereas he additional warned that financial downturn pressures could maintain silver costs...
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics launched the Consumer Price Index report for June, exhibiting a 3% improve in inflation,...
Macro Strategist David Hunter Predicts Global Markets’ ‘Melt Up’ Surge in This fall 2023, Followed by Impending ‘Bust’
David Hunter, the chief macro strategist at Contrarian Macro Advisors, predicts an fascinating growth for world markets within the fourth quarter of 2023. According to...
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
The U.S. Bureau of Labor Statistics’ client worth index (CPI) report, launched on Tuesday, reveals that inflation within the United States has eased to a...
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
Citigroup analysts foresee a major improve in silver’s worth, probably hitting $30 per unit inside the subsequent 6-12 months, in response to the multinational financial...
Ron Paul Denounces US Government ‘Deceptions’ on Inflation; Mentions Federal Reserve Involvement
Ron Paul, a former congressman from Texas and former U.S. presidential candidate, has mirrored on how the U.S. authorities is dealing with inflation and the...
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
Following a quarter-point improve within the federal funds charge by the Federal Reserve on Wednesday, valuable metals equivalent to silver and gold skilled a surge...
Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility
The worth of silver fell 2.85% in opposition to the U.S. greenback final week. However, taking a broader perspective, the dear metallic has made vital...
Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives
A invoice signed into regulation on April 11 has made gold and silver authorized tender within the U.S. state of Arkansas, permitting residents to make...
Gold Slides on Higher US Treasury Yields, Dollar
Prices of gold, and different treasured metals, fell on Wednesday resulting from stronger U.S. yields and nationwide foreign money. The decline comes on the backdrop...