93 Articles 5 Followers
22 Oct 2023 2 minute read 6 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! Bitcoin once again clipped $30,000 yesterday afternoon. Bitcoin started the year at a low of $16,540 and at time of writing, sits at $29,848, That's quite an impressive gain and if it goes...
19 Sep 2023 4 minute read 9 comments SweptOverNiagara
About a year ago, I wrote in a post that Americans would start taking notice in earnest regarding the ever ballooning national debt, once the interest payments alone surpassed $1 Trillion. I forecast we would see this number by the end of 2023 as the...
14 Sep 2023 3 minute read 3 comments SweptOverNiagara
Those of you that follow me know that I like to keep track of central bank interest rates. I can tell you that I see no slowing down in their posture. The last year and a half has been chock full of record pace increases by central banks around the w...
12 Sep 2023 3 minute read 0 comments SweptOverNiagara
I had first heard about this a week ago through an article at KingWorldNews that briefly mentioned OPEC is cutting back on production. This site has some great interviews and commentaries from some very well known people in the business and always se...
6 Sep 2023 3 minute read 2 comments SweptOverNiagara
I'm seeing a flurry of articles popping up that the BoC is holding rates at 5% after their latest policy meeting which was a widely expected move. Kitco News reports that gold has moved very little after the announcement and stated that the slowing e...
11 Aug 2023 3 minute read 3 comments SweptOverNiagara
I read Alisdair MacLeod's latest post this morning on KingWorldNews and he makes yet another interesting case for gold, not against dollars or any other currency but against oil, particularly WTI or West Texas Intermediate. Macleod is well known for...
9 Aug 2023 1 minute read 0 comments Perfectionist25
The dollar index rose a lot yesterday. 102.55 level was seen yesterday. When the dollar index rises, we observe increases in favor of the dollar in parities. The psychological support level in the euro-dollar parity was 1.0850. The level of 1.0937 wa...
4 Aug 2023 1 minute read 2 comments Martin Kelen
Hi Cryptomunity! I've the partial disgrace of living in Argentina,and as some surely know, the major issue in this land is the inflation. Several charts, columns and comparision lists are showed by economists trying to find the correct answer, buy fo...
27 Jul 2023 2 minute read 0 comments Perfectionist25
The interest rate decision of the US Federal Reserve, which is expected by the markets and which is important for the markets, has been announced. The Fed has increased interest rates by 25 basis points. It increased the policy rate from 5.25% to 5.5...
21 Jun 2023 3 minute read 0 comments WinterYeti
Inflation, the general increase in prices over time, has been a recurring concern for modern economies worldwide, but it is not a new problem. After World War I, for example, inflation was rampant and astronomical in post-war Germany with a natural c...
