Auto Added by WPeMatico

Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While…

Continue ReadingMarkets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a…

Continue ReadingPeter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

UBS Urges Caution Despite Positive US Economic Data

UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the…

Continue ReadingUBS Urges Caution Despite Positive US Economic Data