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Bitcoin could reach $ 10 million and become a new gold standard: Asset Manager

Asset manager Lucid says the price of bitcoin may one day reach $ 10 million. | Source: Shutterstock By CCN.com: Throughout the cryptographic market's upward run in 2017, bitcoin price expectations have preserved the excitement and frenzy of the encrypted… Continue Reading →

Russia becomes the fifth largest gold holder in the world after the sanctions

Russia has surpassed China to become the fifth largest gold holder in the world's official sector, while Western sanctions have pushed its central bank purchases to record levels in 2018, according to its data released on Friday. With the support… Continue Reading →

Pimco favors platinum "unloved" in search of economic solutions compared to gold

Platinum could be the black horse of precious metals, according to a fund manager of Pacific Investment Management Co. Nic Johnson, chief executive and portfolio manager for Pimco's commodities, says he prefers metal to gold. Used in automatic diesel engine… Continue Reading →

Gold interrupts to dispel geopolitical concerns and take action

Gold futures are struggling to move on Wednesday as investors avoided the turbulence surrounding the UK's plan to leave the European Union and continued to train in equities, depriving the gold metal demand related to safe havens. Gold for delivery… Continue Reading →

Jim Cramer: Buy gold if you fear actions

Investment guru, Jim Cramer, urged investors, frightened by the seemingly endless volatility of stock markets, to seek financial solace by buying gold. "We can not assume that it will be a smooth sailing for the rest of 2019, so what… Continue Reading →

Three reasons for gold Maybe about to run with the bulls: Russell

(The opinions expressed here are those of the author, a Reuters columnist.) By Clyde Russell The three stages that have supported the extended rally of gold just after the global recession of 2008 until the all-time high in 2011 may… Continue Reading →

Invest in gold here if you are worried about the actions

Investors worried about the Federal Reserve's interest rate policy and the US-China trade dispute should take a gold stake here, CNBC's Jim Cramer said on Friday as equities retreated for the first time. times in six days. "If you are… Continue Reading →

Invest in gold here if you are worried about the actions

Investors worried about the Federal Reserve's interest rate policy and the US-China trade dispute should take a gold stake here, CNBC's Jim Cramer said on Friday as equities retreated for the first time. times in six days. "If you are… Continue Reading →

Letter to BS: RBI expands the scope of the gold monetization program

This refers to the report "RBI expands the scope of the gold monetization system"(January 10). The revised instructions open a new avenue for the productive deployment of the unused domestic gold stock. This is a welcome gesture from the Reserve… Continue Reading →

Letter to BS: RBI expands the scope of the gold monetization program

This refers to the report "RBI expands the scope of the gold monetization system"(January 10). The revised instructions open a new avenue for the productive deployment of the unused domestic gold stock. This is a welcome gesture from the Reserve… Continue Reading →

Nick Szabo: Central banks could turn to gold cryptocurrency reserves

Economy At the Bitcoin Summit in Israel held at Tel Aviv University on January 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies would increase in trade-sanctioned countries and economies suffering from failed monetary planning. Szabo also… Continue Reading →

China adds to gold reserves for the first time since October 2016

After a hiatus of more than two years, China adds back to its gold reserves. The People's Bank of China increased its holdings to 59.56 million ounces by the end of December, about 1,853 metric tons, up from 59.24 million… Continue Reading →

The power of gold reaches its highest level in six months as turmoil sets off a strong demand

Gold picks up at the end of 2018, as turmoil in global equities, a partial shutdown of the US government, and worries about next year's prospects spur demand and push up prices level in six months. Bullions climbed 0.5% on… Continue Reading →

Gold barrels up to 2019, growth concerns spur demand for Haven

Gold closed in 2018 on a positive note, its demand for paradise invigorated by the volatility of global equity deals, growing concern over the economic outlook and an increasingly lengthy shutdown of powers. in the United States. The bullion futures… Continue Reading →

Barron's: Gold can continue to skyrocket while stocks stagnate

Gold has proven to be the kind of protection against market chaos that some investors hope to obtain when they buy it. As a result, the precious metal is expected to continue to rise in the new year as stocks… Continue Reading →

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