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11 Nov 2023 1 minute read 5 comments SeventyFourSeventyFive
Is Cryptocurrency The New Gold? was the title of a Forbes article I just read, but, the actual article never really got around to answering the question itself. So why am I linking it and talking about it? The article explained something in one shor...
11 Nov 2023 5 minute read 6 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! I remember well as a teenager in the early 80s and my history teacher at the time lamenting that the U.S. debt had surpassed $800B for the first time ever. He was so distraught. I can still...
11 Nov 2023 3 minute read 0 comments Perfectionist25
I often state that there may be a decline in the euro - dollar parity to 1.06, but this will still provide a buying opportunity for medium and long-term investors and those who have new dollars. This week, my expectation almost came true. We were fac...
9 Nov 2023 2 minute read 0 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! At time of writing, Bitcoin went from a low of $35,278 twenty-four hours ago to climb to $37,883 by 10 a.m. this morning, before retreating some $1,500 to $36,393 which is still an $1,100...
8 Nov 2023 2 minute read 0 comments Perfectionist25
Euro - Dollar parity dropped to 1.0664 yesterday and is currently at 1.0682. Euro-Dollar parity has once again provided an opportunity for those who want to make medium and long-term positions or invest in their assets on the Euro side. We continue t...
6 Nov 2023 2 minute read 0 comments Perfectionist25
I estimate that it will be possible for the Euro-Dollar parity to retreat by one point to 1.06 this week. Our expectations in the medium and long term continue. This target is 1.12 and then 1.15. As of now, the ounce of gold is at the 1984 dollar lev...
5 Nov 2023 3 minute read 0 comments Perfectionist25
In Dow Jones, the area we need to pay particular attention to with the Bollinger lower band is 34200 - 33800. If it continues to hold on to this range and manages to stay, we have the chance to see a rapid attack from 34800 to 35500. First of all, 34...
4 Nov 2023 4 minute read 3 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! I'm Going Down, Down, Down... The Australian dollar has hit a record low against gold recently. So has the Japanese Yen. Now, it's time for China's currency to face off against gold and yes...
3 Nov 2023 2 minute read 0 comments Perfectionist25
Currently, Euro - Dollar parity is at 1.0728. I will continue to follow the 1.770 - 1.08 resistance in upward movements. My main target is level 1.12. Again, he made a good decision by converting his dollars into euros from 1.0520 to 1.0550. We have...
3 Nov 2023 4 minute read 6 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! HSBC Launches Digital Token One of the largest banks in the world with more assets ($3T) than any European bank has announced it is launching Evolve, a distributed ledger technology trading...
