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6 Jan 2022 3 minute read 0 comments SweptOverNiagara
After hitting a record $69,000 USD in November, Bitcoin has suffered a series of lower highs and lower lows and in a steady descent over the course of two months, has lost about $26,000 in value. Just since January 1, Bitcoin has lost about $4,000. A...
6 Jan 2022 1 minute read 10 comments lemming
This morning in several online newspapers I read the news that the Kosovo government has banned the mining of cryptocurrencies because of the energy crisis that country is passing. When I have read the news for the first time I thought: "What?" I imm...
5 Jan 2022 2 minute read 3 comments CryptoMasterMiner
Gold rules but Bitcoin is closing fast on the world's tops assets list based on market cap. Six of the world's top ten assets are US-based corporations based on their stock valuations, primarily technology companies. The four others top assets incl...
4 Jan 2022 2 minute read 0 comments SweptOverNiagara
Wow, 2021 was a very good year for the U.S. Mint. Gold coin sales reached over 1.25 million ounces, making it the best year since 2009 and a 48% increase year over year. January was their best month with 220,500 ounces sold of various denominations...
2 Jan 2022 6 minute read 4 comments SweptOverNiagara
For the past decade, silverbugs have steadfastly held on to their belief that silver would eventually climb to three digits and beyond. In all that time, silver experienced a few head fakes, including in the summer of 2020, when silver couldn't pass...
27 Dec 2021 2 minute read 0 comments SweptOverNiagara
Here's a nice little chart from Kitco. Silver bounced almost fifty cents about 8:30 am in a sharp move upward, almost hitting $23.10 USD, then falling back below $23 before suddenly jumping back up above $23 spot. I searched the internet for clues as...
22 Dec 2021 1 minute read 0 comments FX Empire
This year, inflation has surged at its fastest pace in 40 years and is expected to remain elevated for years to come. That view was recently echoed by Federal Reserve Chair Jerome Powell, stating that “inflationary pressure is likely to...
18 Dec 2021 3 minute read 0 comments SweptOverNiagara
Silver and its yellow cousin gold took a beating a few weeks ago on Black Friday of which had the worst showing in 70 years. The bad news was quickly followed by the WHO's warning concerning the Omicron variant which caused panic right across the boa...
16 Dec 2021 1 minute read 0 comments FX Empire
The dollar is poised to break out which would put pressure on the yellow metal. Gold prices moved lower in the wake of the Fed decision. The dollar is poised to break out creating a bull flag pattern. Yields also moved higher across the interest...
15 Dec 2021 4 minute read 1 comment FX Empire
I find it interesting that so much speculation related to the US Federal Reserve drives investor concern and trends. In my opinion, the US Federal Reserve has been much more accommodating for the global economy after the 2008-09 US Housing Mark...
