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Central bank digital currencies are essentially a cryptocurrency issued by a government. This digital representation of the country’s fiat currency is designed to replace physical, fiat currencies. The implementation of CBDC requires the issuing central bank to make several critical decisions. Perhaps the most crucial decision is whether the digital currency will be made available […]

The 2020 United States Presidential Election will feature an outspoken incumbent, an ex V.P., and unprecedented social and geopolitical events. The outcome of the election will profoundly influence global financial markets. An asset that may be impacted most heavily is the USD, United States Dollar. How will the dollar fare after November 3rd? A lot […]

For as long as can be remembered, gold has been the world’s reserve currency. Although fiat currencies are now used in place of gold bullion, investors and governments still look to gold as a reliable alternative, especially in times of global stress. With gold peaking at just under $2,000 per ounce, and from all indications, […]

Gold and silver were both at record all-time highs until both went into virtual freefall. Last Wednesday, gold traded down almost 6 percent. Silver had, up until recently, been outperforming gold. However, the precious metal lost nearly three times more in percentage terms than did gold, closing down almost 15 percent. With such a dramatic […]

The action of the markets continues to confound financial professionals. The economy in the United States is in the worse shape it has been in since the early years of the 20th century, and stock prices are soaring. The government continues on a borrowing spree. The amount of borrowing may hit an all-time record of […]

There are several cryptocurrencies, but since its inception in 2009, Bitcoin remains dominant. After existing for 11 years in the finance and tech space and cryptocurrency market, many individuals and institutions are beginning to explore Bitcoin’s innovative and ingenious functions. Bitcoin is often compared to gold, as both have certain similar features. For example, gold […]

This year, 2020, has not been good for many things, but it has been good for gold. Gold prices have not been as high as they are today since 2011. The pandemic has driven investors to flee to safe havens, and there does not appear to be any signs of early abatement. To exacerbate the […]

Last Wednesday, August 5, saw the price of Bitcoin surge more in one day than stocks gained in the previous six months. The oldest of the cryptocurrencies outpaced both stocks and gold. The rapid rise in Bitcoin appears to be driven by calls for additional government stimuli, as the toll on the economy continues to […]

This summer has seen a dramatic rise in the price of gold. According to Nick Piquard, portfolio manager at Horizon EFT, the upwards movement in the price of gold may be an indication that the market is beginning to lose confidence in the United States dollar, which at the moment is the world’s reserve currency. […]