Cryptos Are Dying: Over 800 Digital Coins Are No More
Many crypto traders believe that great risk may lead to even greater rewards, but recent data showed that the crypto bubble could be reaching a boiling point, with over 800 new cryptocurrencies already dead.
Read moreUBS Is Looking Past Gold’s Short-Term Weakness
(Kitco News) – While it’s surprising that that gold hasn’t benefited from growing global trade tensions, one commodity analyst said that the precious metal still looks good in the long-term.
Look For U.S. Economy To Grow 4% In Q2 – CIBC
The impact of America’s historic tax cuts passed in December will be felt in the second quarter, according to economists from CIBC World Markets.
Gold Is Not Benefiting From Trade Wars Because Of This One Factor – CME Group
(Kitco News) – Rising inflation fears could be the reason why gold is not doing better with the U.S. and China on the brink of a full-fledged trade war, according to the chief economist at CME Group.
Read moreIrish Farmer Discovers What Could Be Gold Currency From The Bronze Age
A farmer in Ireland hit the jackpot while working his field, unearthing gold artifacts that could date back to as far as the Bronze Age.
Read more‘Currency Play’ Can Benefit Gold Traders — Westpac
With the U.S. dollar story still dominating the gold market, precious metals traders should be looking at a “currency play,” according to one commodity analyst at Westpac.
Gold’s Selloff Isn’t Over Yet, Prices Could Drop To $1,200 – ABN Amro
(Kitco News) – Although gold prices have managed to bounce off fresh 12-month lows, the market is still down almost 7.5% from its April highs and one international bank sees risks for more down side.
Read moreGold Won’t Take A Beating Forever; Here’s What It Takes To Reach $1,400
Gold has been held back by a stronger U.S. dollar but the yellow metal could get a boost if the Federal Reserve reigns in expected rate hikes, this according to Chris Mancini, research analyst at Gabelli Funds.
Read moreGold, Silver Rebound From Multi-Month Lows On Short Covering, Bargain Hunting, Weak USDX
Gold and silver prices were moderately higher in early-afternoon U.S. trading Tuesday, on some short covering in the futures markets and perceived bargain-buying in the cash markets.
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