silver

Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

March 22, 2023 Bitcoin.com

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Asset Purchases

Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been […]

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Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

March 18, 2023 Bitcoin.com

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asset allocation

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

March 17, 2023 Bitcoin.com

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Bailouts

At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets like PMs and […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

March 15, 2023 Bitcoin.com

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12th largest

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

March 14, 2023 Bitcoin.com

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all-items index

The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

Rich Dad Poor Dad Author Warns Crash Landing Ahead, Says Gold, Silver and Bitcoin the Answer

March 13, 2023 The Daily Hodl

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Bitcoin

Best-selling author Robert Kiyosaki is warning of a deep economic recession now that federal regulators have taken over two collapsed US banks. The Rich Dad Poor Dad author tells his 2.3 million Twitter followers that as the Fed moves to make whole depositors at Silicon Valley Bank and Signature Bank, investors should be allocating to […]

The post Rich Dad Poor Dad Author Warns Crash Landing Ahead, Says Gold, Silver and Bitcoin the Answer appeared first on The Daily Hodl.

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

March 7, 2023 Bitcoin.com

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ABC News

Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly, […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry

March 7, 2023 Bitcoin.com

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100 million ounces

Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium to long-term, silver could […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

February 14, 2023 Bitcoin.com

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Biden Inflation

U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts […]

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

Rich Dad Poor Dad Warns Giant Crash Incoming, Forecasts Bitcoin Price Explosion to $500,000

February 13, 2023 The Daily Hodl

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Bitcoin

Rich Dad Poor Dad author Robert Kiyosaki says investors should pay close attention to a wave of layoffs at tech giants like Google, Microsoft, Facebook and Amazon. Kiyosaki tells his 2.3 million Twitter followers that he believes a major market crash begins this month, and he expects all assets including gold and crypto to initially […]

The post Rich Dad Poor Dad Warns Giant Crash Incoming, Forecasts Bitcoin Price Explosion to $500,000 appeared first on The Daily Hodl.

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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report