Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$27,247.001.36%
  • ethereumEthereum$1,909.062.05%
  • xrpXRP$0.533.17%
  • bitcoin cashBitcoin Cash$114.921.52%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Gold Will Hit New Highs Over The Next Year – Ex-Director Of The US Mint

John Wanguba by John Wanguba
February 12, 2021
in Analysis, FX Industry
Reading Time: 3min read
Gold Will Hit New Highs Over The Next Year – Ex-Director Of The US Mint
Rate this post

Gold has been volatile in recent weeks. But, lately, the precious metal has lost some ground from the all-time highs set in August amid roll-outs of COVID-19 vaccines around the world. While speaking in an interview with S&P Global, Ed Moy, the chief investment strategist at Valaurum mentioned:

“Short term, there’s a lot of factors that are causing some push and pull, which has kept gold trading within a very tight range. But from my perspective, I think the fundamentals for rising gold prices are very strong over the next year. I expect gold prices to eventually break out and head to new records sometime in the next year or two.”

When speaking about the reaction to the health crisis, Moy added:

“The same things were happening when COVID-19 first started breaking out. Lockdowns started coming into place, people panicked, they went into gold. Gold actually shot up to a new high, and the government … [is] basically throwing more at it than what happened during the financial crisis. Plus, with the vaccine, people started relaxing.”

Moy is convinced that the markets will surge further as the year progresses. Eventually, gold prices will rise considerably as economies around the world continue to re-open further:

“I think that until it becomes certain how the economy will recover and that the recovery will be slow enough to manage inflation, gold prices are going to go up. Once those two criteria are hit, then gold prices will go down, and I won’t be surprised if we hit new highs.”

The Bitcoin Market

That interview did not stop with just gold. Moy has a majorly pragmatic approach to cryptos too. He stated:

“When you take a look at the overall similarities, both are limited quantities. Bitcoin is limited to 21 million that could possibly be mined. People have tried to recreate gold in a laboratory; they have not been able to. So the amount of gold that’s in the earth is all that will ever be.”

According to him, crypto prices have an inverse correlation to the US dollar’s value. Therefore, when the dollar plunges, gold and bitcoin tend to go up. But some underlying differences exist. These differences are important depending on the portfolios that investors hold.

One major difference is that gold has existed for more than 5,000 years while bitcoin is 11 years old. The longevity of bitcoin is yet to be proven, which makes some investors hesitant whenever they are seeking haven assets.

Like what you're reading? Subscribe to our top stories
Tags: BitcoinBTCBTC marketGoldgold marketgold priceGold(XAUUSD)haven assetsmarket analysisPrice Analysisspot goldspot pricesXAU price

Related Posts

Can Memecoins Make You Rich?
Analysis

Can Memecoins Make You Rich?

May 20, 2023
What Is Bitcoin And How Does It Work?
Blockchain

What Is Bitcoin And How Does It Work?

May 13, 2023
Bitcoin Price Drops Weekend Gains As Another CME ‘Gap’ Looms Below $20K
Analysis

Bitcoin Price Drops Weekend Gains As Another CME ‘Gap’ Looms Below $20K

January 30, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
situs judi online terpercaya