Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge

Bitcoin's Climbing Value Outshines Global Silver Market in Historic Pre-Halving SurgeBitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere two weeks. Bitcoin Retakes the 8th Largest Asset […]

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Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase

Gold, Silver, and Crypto Prices Surge After Federal Reserve's Quarter-Point IncreaseFollowing a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particular, has been on an upward trajectory, having risen by 3.4% in the past month […]

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Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility

Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver's Ongoing Bull Market; Experts Suggest $30 an Ounce a PossibilityThe price of silver fell 2.85% against the U.S. dollar last week. However, taking a broader perspective, the precious metal has made significant gains this year. Over the past six months, silver has risen more than 29% against the greenback, and as of April 22, 2023, it was hovering around $25.08 per ounce. Citi analysts […]

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Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives

A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes, and transactions made with these […]

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Gold Slides on Higher US Treasury Yields, Dollar

Gold Slides on Higher US Treasury Yields, DollarPrices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors Bet on Another Rate Hike in May […]

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US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last YearOn Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate. U.S. Inflation Cools […]

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Peter Schiff on the Upcoming Gold Bull Market and Wall Street: ‘It Will Be Spectacular, Capitulation Will Be Epic’

peter schill gold bull marketPeter Schiff, economist and known gold bug, believes that the current price uptick that gold is currently experiencing will extend in the future, surprising stock traders. Schiff stated that gold stocks were the new tech stocks and that Wall Street’s indifference regarding these would lead to massive market capitulation. Peter Schiff Warns of Gold Rally: […]

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