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Author: Jeffrey Taylor
Last Updated: 10 August 2020
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 […]

Author: Michael Stern
Last Updated: 5 August 2020
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. […]

Author: Maria Andretti
Last Updated: 4 August 2020
With the current confusion in markets, it is easy to forget that early in the coronavirus pandemic, the price of gold was in freefall. It was strange, to say the least; the virus sparked a collapse in the global economy, but at the same time, the 2020 pandemic soon showed itself to be the driving […]

Author: Jeffrey Taylor
Last Updated: 3 August 2020
Bitcoin, after surging in the last week of July, suffered a price crash on the second day of August. After breaking the $12,000 price level on the Bitstamp exchange in Luxembourg earlier in the morning, the Bitcoin / USD price dropped dramatically, reaching a low of $10,550. Although the price of Bitcoin has somewhat bounced […]

Author: Michael Stern
Last Updated: 31 July 2020
As the value of the U.S. dollar slides, things priced in the currency are beginning to show the effect. Prices are rising, and that includes the price of Bitcoin. The price of Bitcoin went up a startling 13 percent on July 27th, the biggest gain the cryptocurrency has seen in almost three months. As the […]

Author: Jeffrey Taylor
Last Updated: 30 July 2020
Bitcoin prices have been trading close to the elusive $10,000 level for months. The price came close in early February, only to stall. At the time, Joe PiPasquale, hedge fund manager at BitBull Capital, noted that Bitcoin is stuck in a resistance zone. In recent months, gold has risen to new all-time highs. Why did […]

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 […]