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Peter Schiff, chairman of Euro Pacific Asset Management and longtime gold advocate, told VRIC Media host Darrell Thomas this week that the U.S. economy is far more fragile than markets currently reflect, and that inflation is heading higher, not lower. Gold Advocate Peter Schiff Predicts $20,000 Gold Price Over the Next Decade During the interview, […]
Read full articleAnticipated Fed rate hikes may dampen gold's allure, while Strait of Hormuz tensions could disrupt global energy stability. The post Gold steady amid Fed rate hike fears; oil up on Strait of Hormuz tensions appeared first on Crypto Briefing.
Gold's consolidation amid Fed rate hike expectations highlights the delicate balance between economic indicators and investor sentiment. The post Gold consolidates as Fed rate hike expectations weigh on prices appeared first on Crypto Briefing.
Robert Kiyosaki renewed his bitcoin bull case, tying BTC ownership to inflation protection, hard assets, and long-term wealth planning. The Rich Dad Poor Dad author cited oil prices, national debt, and currency weakness while urging investors to consider real assets. Kiyosaki’s Bitcoin Bull Case Extends Beyond Market Forecasts Robert Kiyosaki combined entrepreneurship and bitcoin investing […]
Rising energy costs due to geopolitical tensions strain low-income households, influence inflation, and impact monetary policy and markets. The post US economy faces $45B hit from wartime energy prices appeared first on Crypto Briefing.
Escalation risks destabilizing global markets, impacting energy prices, inflation, and crypto, while straining diplomatic and military strategies. The post Trump threatens military escalation against Iran, dismisses peace offer appeared first on Crypto Briefing.
The post What Does The Rising US Inflation Mean for Bitcoin? appeared on BitcoinEthereumNews.com. What Does The Rising US Inflation Mean for Bitcoin? | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/rising-us-inflation-on-bitcoin/
Investors and traders are paying closer attention to Bitcoin (BTC) after the latest US inflation report was released on May 12. As consumer prices in the US continue to climb, questions are mounting about what that means for BTC and whether the world’s largest cryptocurrency can hold its ground. This change also creates a new […]
The post Metals Pull Back Before New York Open as Traders Watch Reversal appeared on BitcoinEthereumNews.com. Metals came under pressure today as gold, silver, copper, and platinum all dropped before the New York session. Analyst Ian Cooper said gold was down 1.9%, silver lost 6%, copper fell 3.2%, and platinum declined 2.7% at the time of his update. However, Cooper warned that he does not fully trust early moves before New York opens. He said the drops could still reverse during the day, so traders are watching whether the current declines hold after U.S. markets become active. Gold Bull Flag Comes Under Pressure Gold showed the weakest short-term structure among the charts Cooper shared. The metal fell back below the upper orange trendline, which had supported the bull flag idea in recent sessions. The daily gold chart showed price trading near $4,561 after a drop of about 1.88%. Gold had already been compressing inside a narrowing structure, with resistance near $5,092 and lower su
