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Peter Schiff Says Real Reason Gold Prices Are Rising Is Because 'High Inflation Is Here To Stay'
Thursday, April 13, 2023 - 4:41am | 699Peter Schiff, chief economist and global strategist at Euro Pacific Capital, says the real reason gold prices are rising is because of the belief that inflation will continue to stay higher. What Happened: "The catalyst for this morning’s $20 jump in the #gold price is the Mar. #CPI rising a...
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Retail Sales Boom In January: Here's The Word On The Street, What It Means For The Federal Reserve
Wednesday, February 15, 2023 - 1:36pm | 733Retail sales in the U.S. increased more than economists anticipated last month, suggesting economic activity picked up to start the year following a slowdown around the holiday season. The stronger-than-expected jump is helping to shake off recession fears but might...
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Fed Still Needs 'Substantially More Evidence' Following 0.5% Rate Hike — Experts React With 'Famous Last Words'
Wednesday, December 14, 2022 - 4:20pm | 718The SPDR S&P 500 (ARCA:SPY) is sliding Wednesday afternoon after the Federal Reserve raised its target range for the federal funds rate by 0.5%, bringing the new target up to a range of 4.25% to 4.5%. What To Know: The Fed will continue to reduce ...
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After SWIFT Removal Bites Hard — The Bitcoin Camp Has Its Say On Removing Crypto Access From Russians, Sanctions
Monday, February 28, 2022 - 11:54pm | 672As international sanctions plummet the value of the Russian currency and threaten the country’s economy, the Bitcoin (CRYPTO: BTC) enthusiast community is having its say on Russia, sanctions and limitations on cryptocurrencies. Focus On A Non Event: Kyle Schneps, a former diplomat and...
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Dogecoin Coinbase Debut Could Get Meme Crypto Interest From Traditional Investors, Says Analyst
Wednesday, June 2, 2021 - 10:09pm | 418Dogecoin’s (DOGE) debut on major cryptocurrency exchange Coinbase Global Inc. (NASDAQ: COIN) may eventually attract traditional investors as there is momentum behind this move, according to an analyst. What Happened: “People are still going to be cautious long-term, but this debut will...
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Dogecoin Could Get Another Push Higher As Institutions Look To Bank In On Momentum, Says Analyst
Wednesday, May 5, 2021 - 9:22am | 535Dogecoin (DOGE), which is on a major bull run this week, could get another push higher due to institutional interest in the meme cryptocurrency, according to an analyst. What Happened: Edward Moya, senior market analyst at Oanda, attributed Dogecoin’s latest surge to Tesla Inc. (NASDAQ:...
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Bitcoin Struggling To Break Past $60,000 Again But Analyst Says Run Up To $75,000 Is In Sight
Tuesday, April 6, 2021 - 3:15am | 457Bitcoin (BTC) may have seen the brakes hit on its upwards momentum as it struggles to cross again the psychological $60,000 mark, but continued upside may take it to $75,000 levels, according to one analyst. What Happened: The apex cryptocurrency traded 1.98% higher at $59,047.01 at press...