Category: delta-variant

Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed On Thin Trading Conditions, Leverage, Covid

The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the…

Strategist Mike McGlone Believes Bitcoin Can Jump To $60K Resistance Vs. $20K Support

The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up…

As The Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure To Stocks’

While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S.…