Goldman Sachs Predicts Gold Will Hit $4,900 by Year-End
Goldman Sachs analysts forecast gold prices will reach $4,900 per troy ounce this year, supported by central bank demand, which is expected to reach 50 tonnes of gold per month.…
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Sticky Inflation Strikes Again as Fed Faces Stagflation Trap
The U.S. Federal Reserve’s favored inflation gauge, known as the personal consumption expenditures price index, rose a hair higher in July, showing inflation remains sticky. Equity valuations held steady while…
Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement Trade
Gold surged to its highest price in three months this week, climbing past $4,600 an ounce and brushing $4,650 in futures trading, as the U.S. Treasury’s expanded bond buybacks revived…
Peter Schiff Says AI Could Turn Into Bitcoin’s Biggest Threat
American economist Peter Schiff is warning that artificial intelligence (AI) could become a threat to the leading crypto asset bitcoin. Schiff further argued that the two technologies compete for money,…
Ray Dalio Predicts US Debt Crisis and Backs Bitcoin, Gold Over Bonds
Ray Dalio, once one of the most prominent crypto critics, has made a new case for owning gold and bitcoin as he believes the United States is approaching a dangerous…
Bitcoin and Gold Are Surging Together: The ‘Debasement Trade’ Is Back
The past several days were quite eventful in all financial markets as volatility returned due to several macro factors. Unlike most previous occasions, bitcoin was on the right side of…
Bitcoin, Stocks and Gold Rip Higher While Bond Market Fear Festers
U.S. stocks ripped higher Friday while bitcoin held the $77,000 line after a nearly 24% weekly tear to a seven-day peak of $79,461, as softer Treasury yields gave markets breathing…
Schiff Says Bitcoin Faces Key $65K Resistance Test, Expected Major Selloffs
Bitcoin skeptic Peter Schiff says he isn’t sure why bitcoin didn’t sell off recently amidst the burgeoning volatility, pointing to $65,000 as the resistance level traders are watching most closely…
Robert Kiyosaki Eyes $10K Gold, $200 Silver as US Debt Nears $40T
Robert Kiyosaki is favoring silver as federal debt approaches $40 trillion, citing forecasts for gold and silver to rise sharply. His warning renews questions about cash, inflation, and volatile hard-asset…
World Gold Council CEO Blasts Bitcoin, Predicts It Goes to Zero
World Gold Council CEO David Tait says bitcoin is headed for zero because the supposed hedge keeps showing up as high-beta risk when markets turn ugly. Tait made the call…
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