gold

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Gold Stays Sedentary Whilst Silver (a Steal!) Skids Senselessly

13 Dec 2021 6 minute read 1 comment FX Empire

Without looking… Think quick! What is the price of Gold right now? (HINT: If you read last week’s missive, you already know the answer).     “Uhh gee, mmb… in the 1780s?” Spot-on there, Squire, for the simplest reason that the pri...

Stablecoins Are Silly — Stable tokens are not

11 Dec 2021 5 minute read 0 comments FATExDAO

Algo-Stabilized Collateralized-Commodity Denomination, One-Peg Systems are Smart Stablecoins are seemingly better than any coin that is named after a restaurant menu item, animal(s) or a mythical-to-the-moon-meme token. Although these cryptocurrenci...

Gold Would Have To Reach $112,000 To Cancel US Debt

10 Dec 2021 5 minute read 0 comments SweptOverNiagara

As a Canadian, I am appalled at the fact the Canadian government owns no gold. Back in 1960, Canada held an impressive 1,000 tons but through the years, successive governments have stealthily sold it all off bit by bit to cover deficit spending. By 2...

Gold Price Prediction – Prices Edge Higher as Dollar Declined

9 Dec 2021 1 minute read 0 comments FX Empire

Gold prices attempted to move higher but could not gain traction and formed a doji day. The dollar edged lower as the 10-year treasury yield rose. The U.S. Yield curve flattened as riskier assets gained traction. News that the 3rd dose of the Pzifer...

Bitcoin Flash Crashes 17.5% Overnight

4 Dec 2021 2 minute read 2 comments SweptOverNiagara

(Cover Chart Courtesy of https://coinmarketcap.com/) Bitcoin took a nasty tumble overnight from a high of $57,482 all the way down to a low of $42,874 in the last 24 hour period. The price recovered slightly, settling to $47, 381 where it sits at tim...

Gold Daily Forecast – Weak Headline Number Not Enough to Derail Fed’s Tapering Plans

4 Dec 2021 1 minute read 0 comments FX Empire

Economists are noting that the economy is very close to maximum employment, making an early interest rate increase from the Federal Reserve possible. Gold futures are edging higher late in the session on Friday after another successful test of a maj...

Silver Backed Crypto? Gold too? It's the logical Re-valuation Main St. Revolution...

2 Dec 2021 4 minute read 1 comment Thunderboltkid

Here is the truth about Silver price suppression courtesy of JP Morgan #thuglife player CEO Jamie Dimon, the ultimate WS gangster hording the metal and over papering the silver market.. circa Dec 2nd, 2021       This crap perpetrated by Dimon and ex...

Is Bitcoin Vs Gold Correlation Still Relevant in 2021? Mike Ermolaev Explains

2 Dec 2021 4 minute read 2 comments Mike Ermolaev

The gold versus Bitcoin debate gathered steam last month as US inflation hit three-decade highs. Globally, consumer prices have accelerated at an unprecedented rate, prompting investors to seek a hedge against inflation and gold bugs and Bitcoin fans...

Silver & Gold Retail Markups Rose 1,200% Since 2013 in Canada

28 Nov 2021 3 minute read 2 comments SweptOverNiagara

This morning I surfed to an online precious metals dealer's website to see where we're at regarding retailer markups on one ounce gold and silver products and and found that it's now above $12 per ounce in Canadian dollars against the spot price. Mik...

Silver / Gold Drop Amid 'Nu' Covid Variant Fears

26 Nov 2021 1 minute read 0 comments SweptOverNiagara

(Silver chart - courtesy of www.kitco.com) While not much of a surprise anymore, a new variant of Covid19 has been detected, initially called 'Nu' but now known as the Omicron variant, first emerging in South Africa. Markets were experiencing volatil...