Auto Added by WPeMatico

Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements

Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC)…

Continue ReadingPrecious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements

Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows

Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current…

Continue ReadingFearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows

Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden…

Continue ReadingJoe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto

The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how…

Continue ReadingGold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto

‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian

Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the history of U.S. money, Noll argues that being…

Continue Reading‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian

Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline

The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows…

Continue ReadingGlobal Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline

Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits

The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into…

Continue ReadingTurkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits

Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million

The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades…

Continue ReadingTurkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million

Fact Checking Media Tries to Debunk Great Reset Theories, Articles Ignite Heated Discussions Over Reboot Agenda

On December 22, Twitter trends indicate that thousands of people on social media are talking about the World Economic Forum’s (WEF) “Great Reset” agenda, as Reuters and the BBC had…

Continue ReadingFact Checking Media Tries to Debunk Great Reset Theories, Articles Ignite Heated Discussions Over Reboot Agenda

Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal…

Continue ReadingGlobal Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement