Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade

October 24, 2024 Bitcoin.com

Agriculture

Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange to ensure stable agricultural trade, highlighting efforts to boost cooperation […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Ripple Reveals Exchanges for Stablecoin RLUSD Launch

October 16, 2024 Bitcoin.com

bitcoin.com

Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion

October 14, 2024 Bitcoin.com

bitcoin.com

Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic uncertainty. Costco’s Gold Bars Are Selling […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Sound Money Defense League Executive: Gold Protects Against Inflation, Fiat Risks

September 30, 2024 Bitcoin.com

bitcoin.com

In a recent interview with Kitco News, Jp Cortez, the executive director of the Sound Money Defense League, discussed the growing sound money movement across the United States. Cortez emphasized the significance of legislative wins, such as the removal of sales taxes on precious metals in 45 states, and highlighted the increasing trend of de-dollarization. […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

FATF Urges India to Strengthen Virtual Asset Regulation

September 21, 2024 Bitcoin.com

AML

India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing improvement, especially in regulating the non-financial sector and virtual asset providers. The country was […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

11 AI Chatbots Take on Gold and Silver Price Predictions for 2024

September 17, 2024 Bitcoin.com

AI chatbot experiment

Every once in a while, we like to shake things up by running a playful experiment with a variety of artificial intelligence (AI) chatbots to forecast the future prices of bitcoin, ethereum, gold, and even the 2024 election outcomes. Three months back, we put eight different chatbots to the test, asking them to predict where […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

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

August 20, 2024 Bitcoin.com

bitcoin.com

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 major bull market.” Additionally, Schiff cautioned that the Federal Reserve risks making a policy mistake by cutting interest rates too soon. ‘The Stage Is Set […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Gold Shatters Records as Investors Brace for Economic Turbulence

August 20, 2024 Bitcoin.com

bitcoin.com

Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Peter Schiff Foresees ‘Explosive’ Growth in Silver Price

July 9, 2024 Bitcoin.com

Bank of America

Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Analyst Forecasts Silver Shortage, Price Increases As Consumers Tap Dwindling Secondary Inventories

June 17, 2024 Bitcoin.com

bitcoin.com

Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage produced by the increased demand for the precious metal for different applications. Krauth states that demand for silver has outpaced supply, and there are probably 12 to 24 months of silver available before inventories run out. […]

Precious Metals

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