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alternative store of value

Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket

Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to SkyrocketThe United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of the sudden increase […]

Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion

Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July

Zimbabwe Central Bank: Gold Coin Sales to Commence in Late JulyStarting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins to Be Sold […]

Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion

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

Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time DepositsThe 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 lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey […]

Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion