The Fed is now discussing raising interest rates as early as 2023, revising their previous stance to keep rates around 0 until 2024. From the meeting yesterday, it appears that there might be two possible hikes in 2023. Consequently, the gold price, spot price of silver, and other precious metals […]
Bitcoin is on the rise again, although it recently turned bearish as analysts saw its price drop 53%, mimicking the last Bitcoin plunge in 2019. After that 2019 fall, it slipped an additional 62% in 2020. Analysts believe this process may happen again, but many are optimistic given Bitcoin’s rise […]
On Tuesday this week, the gold price tested $1,900 and broke past it for the first time since January. At this time last year, the gold price was around $1,737 per oz and it pushed to an all-time high of $2,048 in August. Amid all the talk of Bitcoin and […]
It’s official: Bitcoin topped at $64,829 just one month ago in mid-April. Since then, it plunged nearly 50%, going as low as the $30,000 level. There is an onslaught of opinions on this Bitcoin bubble from major economic analysts to individual YouTube investors. Some people suggest that simple charts show […]
If you pay attention to the LBMA’s monthly publication of its supply, you will find information about its gold and silver holdings. However, the LBMA March silver supply previously indicated a record stock of silver in its London vaults. Actually, this number is entirely incorrect, and you can only find […]
