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Tag Archives: Ethereum

Real Assets Like Gold Are Poised to Benefit From Fed Tightening Cycle

Judging by the stormy volatility we’ve seen in financial markets so far in 2022, you’d think the Federal Reserve was getting ready to hike rates. In all seriousness, it now appears that liftoff will happen as soon as March, after which the Fed will reportedly start unwinding its $9 trillion balance sheet. None of this should come as a surprise to most of you. Investors, in fact, have already begun teeing things up for a new tightening cycle as well as sticky inflation. 2021 was a record year...

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Reports of Gold’s Death Are Greatly Exaggerated

Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.” In it, the author Kenneth Gooding claimed that as an investment, “gold is a goner.” The crises of the past 10 years—the 1987 stock market crash, the Gulf War, Asia’s financial meltdown—had not resulted in higher demand. Gold was now a “mere metal” and a “bad investment,” Gooding concluded. But as it happened, reports of gold’s death were greatly exaggerated. The next decade saw the precious metal...

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Transitory or Not, Inflation Is Here. It Could Be Much Higher Than You Realize

I’ve been writing about the possibility of higher inflation for months, and now it looks to have finally made landfall. The headline consumer price index (CPI) came in at 5% year-over-year, the highest in over a decade. The real rate is likely even higher. Energy commodities, and gasoline in particular, jumped the most of any other measured item. Energy increased 54.5% year-over-year, gasoline 56.2%, as oil prices hit multiyear highs this week on strong travel demand. A barrel of West Texas...

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Signal and Bitcoin: Twenty-First Century Tools of Personal and Economic Freedom

Key Points: Social media’s suspension of President Trump’s social media accounts should be troubling to everyone, whether you support him or not. Recall Ben Franklin: “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” Privacy seekers are downloading Signal to replace WhatsApp. Biden’s proposed relief package, at $1.9 trillion, is expected to boost investor demand for real assets, including gold, Bitcoin and Ethereum. In my final...

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2020: Gold’s Best Year in a Decade; Ethereum Beat Bitcoin; Inflation Higher Than Reported

One of the keys to being a successful investor is making sure you’re getting the right facts. Otherwise, you run the risk of making investment decisions based on poor or faulty information. The problem is, the media has a major trust issue. Many Americans put very little faith in the accuracy of the “news” they get from newspapers, TV, radio and social media. A Gallup poll in September found that 33% of Americans—a full third—don’t trust the media at all. This would be distressing in any...

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Bitcoin Cracks Record High Due to Institutional Investors

If I asked you how many hospital beds the U.S. has, what would you say? Two million? Five million? Try 924,000. That’s right: The U.S. currently has under 1 million hospital beds for a population of approximately 330 million, according to the American Hospital Association (AHA). By my calculation, that comes out to 28 beds per 10,000 people. This is the real threat posed by the pandemic, as I see it. Supply-demand imbalances can often be favorable when we’re talking about asset prices, but...

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The Investment I’m Most Grateful For

I hope all of my American readers and subscribers had a safe, happy Thanksgiving Day. This year has been exceptionally challenging for a variety of reasons, but I believe there’s still a whole lot to be thankful for. I trust you were able to spend some time with friends and family, whether in person or over Zoom, and found the time to count your blessings. Americans appeared to buck Thanksgiving travel warnings from the Centers for Disease Control and Prevention (CDC), with the number of...

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A Gold Correction Was Expected After Nine Straight Weeks of Gains

The price of gold had its first down week since early June, ending a spectacular nine-week rally, the likes of which we haven’t seen since 2006. The yellow metal briefly fell below $1,900 an ounce on Wednesday as stocks neared their all-time closing high and the 10-year Treasury yield jumped on record supply. Wednesday’s $38 billion auction of 10-year government bonds was the largest in U.S. history. As I shared with you last month, gold was looking overbought at more than two standard...

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SchiffGold Now Accepts Ethereum Cryptocurrency

SchiffGold can now accept the Ethereum cryptocurrency as a method of payment for gold and silver. This is great news for investors looking to diversify their cryptocurrency portfolio with precious metals.For details on how to buy gold or silver using bitcoin, bitcoin cash or Ethereum, click HERE.At SchiffGold, we strive to stay on the cutting edge of technology and provide the highest level of convenience for our customers. We were the first major gold dealer to accept bitcoin payments...

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The WeChat Playbook – Mobilizing the Points Economy

Whenever a big player enter – or even considers entering the space – cryptocurrency markets swoon. Names like JP Morgan, Facebook and Twitter provide a sense of validation for investors and hope that the good times are still ahead. But it was Mark Zuckerberg’s “A Privacy-Focused Vision for Social Networking”, which the Silicon Valley mogule posted on Facebook, that got Kik CEO Ted Livingston talking. An Ecosystem of Value Transfer Facebook intends to launch stablecoin...

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