The US Government May Trigger The Next Bitcoin Adoption Wave
The government is known to rely heavily on printing as many fiat currencies as necessary to curb inflation. Inflation is curbed to ensure that the economy is kept in check. ...
Tag: the US
The Biggest Oil Importer Globally Is Running Low On Storage
Global oil storage was at a premium when the bottom fell out of international crude oil markets earlier in 2020. In the US, getting enough crude oil storage became a ...
Gold Price Surpasses $1,800 And Smashes Highest Levels In Nine Years
Currently, Wall Street is experiencing strange times. The stocks are exploding on optimism about a possible economic rebound but investors are still worried about the increasing threat of the second ...
Gold And Silver Penny Stocks Thought To Be The Next Robinhood Trader Obsession
On June 25, the stock markets appeared to be weak once more due to the United States virus-related concerns and rising jobless claims. But, gold GCQ20, -0.03% has become one ...
Sweden’s Central Bank Shows Some Devotion To CBDC
Sweden's central bank, Sveriges Riksbank, published a 98-page ‘Economic Review’ report. In that report, the central bank digital currencies, or CBDCs, were extensively discussed. Thus, it indicates that the country ...
Gold Futures Explode As Fed Chair Favors Bullion Bulls
On June 11, gold futures rallied as the Federal Reserve vowed to maintain interest rates lower for longer. Also, the surge was sparked by investors tracking various signs of a ...
Fiat Dwindles While Bitcoin Strengthens As Covid-19 Pushes M2 Supply Above $18T
The rapid spread of the coronavirus pandemic led to many governments and central banks responding extensively and rapidly. These wild responses, especially by the Federal Reserve, have inflated the US ...
Oil Futures Looking Up After OPEC+ Extended Output Cuts To July
On June 7, the crude oil futures were volatile but tilting higher after OPEC+ nations agreed on June 6 to extend a production cut to almost 10 million barrels per ...
Oil Prices Plunge As Second Coronavirus Wave Threatens
2020 has started well for the global economy until the rapid spread of the coronavirus dented it significantly. So far in 2020, the oil demand has dropped by around 30% ...
Gold Slides For A Fourth Consecutive Time, Fed Policy Statement Reawakens It
Gold futures have finished lower on April 29 for a fourth consecutive session. The precious metal lost more ground in the wake of news that there is possible progress on ...