Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]
Fresh salmon prices hit an all time record in Norway last week, although there are signs the surge could be over. They soared to NOK 123.28 per kilo during week 15, an increase of NOK 3.34 per kilo or 2.2% on the previous week. The official figures from Statistics Norway are generally an average so
International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023Electric and plug-in hybrid car sales will jump to a new global record in 2024 despite slowing growth in some markets, according to forecasts from the influential International Energy Agency (IEA).The Paris-based forecaster said that 17m battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up more than 20% compared with 2023. Continue reading
Tech Wrecks As FedSpeak F ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly ..but some saw it coming. In a week characterized by data supporting 'no landing' from a growth perspective and disappointment from a disinflation perspective Source: Bloomberg FedSpeak that was without exception - hawkish! As they suddenly realized that all that 'pivot' optimism did nothing but dramatically ease financial conditions and fuck their 'best laid plans' for a...
/PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's
Disappointing readings on GDP and inflation helped tank equities.
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]
On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been nine days since the last halving event and 109 […]
Gomez believes the next few years will see massive American soccer growth. He also said RBNY's recent additions have helped young players improve. DailyMail.com
SEOUL, April 19 (Yonhap) -- The government will beef up the monitoring of
Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found.
What The Rising Gold Price Signals (Spoiler Alert: Nothing Good) Authored by Antonius Aquinas, The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should. Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies. Naturally, the financial press, which is really an arm of the government and its central bank, wants to ignore, as much as possible, references to gold as...