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3232Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
https://www.digit.info/peter-schiff-predicts-gold-could-soar-to-100000-as-us-dollar-weakens/
Tue, 08 Oct 2024 01:30:09 +0000https://www.digit.info/peter-schiff-predicts-gold-could-soar-to-100000-as-us-dollar-weakens/Read more]]>Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential […]
]]>Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now
https://www.digit.info/saudi-arabia-and-opec-reveal-surprise-oil-production-cut-white-house-insists-cuts-arent-advisable-right-now/
Mon, 03 Apr 2023 02:30:08 +0000https://www.digit.info/2023/04/03/saudi-arabia-and-opec-reveal-surprise-oil-production-cut-white-house-insists-cuts-arent-advisable-right-now/Read more]]>On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and […]
]]>India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade
https://www.digit.info/india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade/
Wed, 08 Mar 2023 22:04:57 +0000https://www.digit.info/2023/03/08/india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade/Read more]]>On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S. […]
]]>Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy
https://www.digit.info/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/
Tue, 24 Jan 2023 22:30:37 +0000https://www.digit.info/2023/01/24/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/Read more]]>The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in […]
]]>Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’
https://www.digit.info/texas-senator-claims-people-are-flocking-to-bitcoin-because-us-is-on-the-verge-of-an-inflation-crisis/
Fri, 11 Jun 2021 15:30:10 +0000https://www.digit.info/2021/06/11/texas-senator-claims-people-are-flocking-to-bitcoin-because-us-is-on-the-verge-of-an-inflation-crisis/Read more]]>This week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes people are investing in bitcoin because they believe America is on the verge of an inflation crisis. Ted Cruz: ‘We’re Seeing Inflation — I Think […]