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Is the Price of Bitcoin about to Surge?
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Author: Jeffrey Taylor

Since Bitcoin halved in early May, the cryptocurrency has struggled to break over the $10,000 level. This is something that could be about to change. Since early 2020, the price of Bitcoin has gone up by about 30 percent. It is currently on track to be the best performing asset of this year. An anonymous […]

3 Jun 2020
S&P 500 Closes Above 3000, Highest Since Early March
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Author: Michael Stern

Better than expected economic data, optimism over the reopening of the country, and hopes for a coronavirus vaccine all combined to drive stocks up earlier in the week. Although the S&P 500 closed at 2991.77, it represents an increase of 1.23 percent. The index did break 3000 earlier in the day. New COVID-19 Developments  Companies […]

28 May 2020
Home Sales Plunge, Mortgage Delinquencies Soar
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Author: Michael Stern

COVID-19 has resulted in soaring unemployment, sending a record-high number of homeowners into default on their mortgage payments. Home sales have dropped, housing starts have fallen, and the commercial and residential rental markets are suffering. The coronavirus pandemic has thrown the world into an economic crisis. Record high unemployment and forced lockdowns have had a […]

27 May 2020
What Factors Influence the Price of Gold?
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Author: Maria Andretti

Gold is a very desirable metal, sought after for investment purposes, the manufacture of jewelry, as well as the manufacture of a host of electronic and medical devices. As of March 2020, gold was at $1,625 an ounce, up a great deal from levels of 50 years ago when it was priced close to $300 […]

26 May 2020
Bitcoin Continues to Increase in Popularity, and for Good Reasons
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Author: Jeffrey Taylor

The current coronavirus pandemic is revealing serious problems with existing financial systems. COVID-19 is also revealing the benefits of Bitcoin. Although the many economies are slowly opening up, their stability remains unknown. There is little doubt that 2020 will long be remembered. Not only for the coronavirus and for the toll it took on humanity, […]

25 May 2020
The Current Pandemic Is Changing the Way the World Looks at Money
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Author: Michael Stern

One of the primary drivers of social change is technology. Granted, there have been other reasons, many of them including armed conflict, natural disasters, plagues, and pandemics amongst them, most certainly including the current COVID-19 situation. It isn’t easy to estimate the impact on various industries with what has and still is, happening. The financial […]

22 May 2020
Report Casts Doubt on a Coronavirus Vaccine Candidate
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Author: Maria Andretti

Stocks in the United States closed the day lower on Tuesday, slowing down and reversing the trend of previous days, this after a report cast doubt on the validity of Moderna’s coronavirus vaccine candidate. Willem Sels, a marketing strategist at HSBC Private Banking, said, “With a lack of clarity in the market, a credible headline […]

21 May 2020
The Price of Gold Continues to Soar
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Author: Michael Stern

The price of gold continues to reach for new highs. The precious metal closed on May 18 at $1733, down slightly from Friday’s close of $1742. It is not just the month of May that has seen the price of gold go up. The commodity has traded at fresh highs every month of 2020, and […]

20 May 2020
With Trillions of Dollars Being Pumped into the Economy, Bitcoin Is Bound to Be Affected
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Author: Maria Andretti

To help Americans, the Federal Reserve is printing money and cutting interest rates. The question many are asking is, “will these moves have an impact on the crypto market?” Policymakers in the United States and elsewhere have plowed an unprecedented amount of new money into the economy in hopes of staving off what is looking […]

18 May 2020