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Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023

Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head of real asset strategy, John LaForge, contends […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Is Bitcoin About To Break Down? Crypto Analyst Plots Key Scenarios As BTC Struggles Below $50,000

A popular crypto analyst says he’s looking at the two potential scenarios for Bitcoin as the king crypto struggles below $50,000. The pseudonymous trader, known as DonAlt, mentions on the Weekly Open that Bitcoin remains bullish as long as it stays above a key level. “The weekly [chart] is still bullish as long as you’re […]

The post Is Bitcoin About To Break Down? Crypto Analyst Plots Key Scenarios As BTC Struggles Below $50,000 appeared first on The Daily Hodl.

Zimbabwe Devalues Gold-Backed Currency by 44%