News
Author: Michael Stern
Last Updated: 29 July 2020
We live in a digital age. As such, the ideal currency should be one that has three specific characteristics as a matter of course: The currency should be free from control by any central authority. In this way, the currency cannot be devalued or printed at will. The currency should know no borders. It should […]
Author: Maria Andretti
Last Updated: 27 July 2020
In times of need, governments have taken on debt and then printed money. By printing money, two things happen. The value of the currency falls, and as a result of inflation, so is the debt. Printing money creates inflation. Inflation, in turn, decreases the value of your dollars, be it investments, savings, or just the […]
Author: Maria Andretti
Last Updated: 23 July 2020
While stock markets in the United States, Europe, Asia, and elsewhere continue to tick into uncharted territory, another asset class has come to the attention of investors; gold. The price of the precious metal has been inching up steadily, breaking the psychological barrier of $1,800 an ounce earlier in July. Gold has not seen these […]
Author: Jeffrey Taylor
Last Updated: 21 July 2020
Bitcoin has been with us since 2009. It was developed and launched in the aftermath of a financial crisis. Until this year, the year of the coronavirus crisis, Bitcoin had never been through one. Like everything else, Bitcoin plunged in March, then bounced back as market optimism returned, along with untold millions of dollars of […]
Author: Maria Andretti
Last Updated: 20 July 2020
The coronavirus pandemic continues to rage across the globe. No one knows how it will impact the economy; not today, not over the next few months, not even over the longer term. The only thing that is known is the ever-increasing number of new COVID-19 cases. The numbers today are almost twice those when the […]
Author: Michael Stern
Last Updated: 15 July 2020
At the beginning of the July 13 trading week, silver futures enjoyed a new high-water mark, the highest in nearly four years. The hike in settlement price is down to a sharp increase in demand as the metal continues to play catch up with gold. Adrian Ash, research director art BullionVault, suggests the reason may […]
Author: Michael Stern
Last Updated: 14 July 2020
As COVID-19 spread rapidly during March, stock prices plunged. Then, things turned around, markets rebounded, a move that seemed irrational to observers. When the number of coronavirus cases was rising, what was it that what driving a reversal in stock prices? It appeared as if investors were not overly interested in the number of cases. […]
Author: Maria Andretti
Last Updated: 13 July 2020
There is little doubt that Bitcoin and other cryptocurrencies are in the process of making a comeback. Bitcoin stands at almost $9,300, closing in on the $10,000 rebound level investors have been looking for in 2020. Moreover, the year is just over halfway game. Although there are definitive signs that the ice is beginning to […]
Author: Maria Andretti
Last Updated: 10 July 2020
Fears of an economic hit from COVID 19 have driven the price of the safe haven asset to a nine-year high. The price of gold rose to more than $1,800 an ounce this week for the first time in nine years. Available data shows that investors have stashed a record amount of cash into funds […]