Tag: gold

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to…

Leon Cooperman – a billionaire investor and the chairman of the Omega Investors – stated in a recent interview that anyone who doesn’t understand bitcoin is likely to be “old,”…

Robert Kiyosaki – the author of the bestselling book “Rich Dad, Poor Dad” – has said in a recent tweet that he is hoarding bitcoin, gold, and silver in anticipation…

An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have…

Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this…

The South African businessman and CEO at Barrick Gold Corporation, Mark Bristow, recently explained in an interview that “no one believes in fiat currencies anymore.” Bristow says the world is…

The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual.…

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…

Billionaire investor Ray Dalio clearly has a soft spot in his heart for bitcoin, but when it comes to gold, it looks like that soft spot gets even bigger. In…

On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports.…