Bitcoin Uses Up More Power Than Any Of These 159 Countries
As bitcoin prices are heading to $10,000, bitcoin mining is also surging — now beating the annual individual power usage of 80% of countries in the entire world, according to a new research.
Read moreGold Is Russian Answer To U.S. Dollar Dominance – CPM Group
Russia’s increased purchases of gold is not a red flag, but a clear message of diversification away from the U.S. dollar and its “monetary hegemony,” according to Jeff Christian, the CPM Group managing director.
Read moreGold Prices Are Headed to $10,000 With This Ammo About to Ignite
Read moreGold Pushes To 6-Week High As Greenback Tailspin Continues
Gold prices were ending the U.S. day session higher and scored a six-week high Monday, boosted by a continued slump in the U.S. dollar index that dropped to a two-month low today.
Read moreIt’s Not a Made-Up Number, Gold Is Headed To $10,000 – Author
(Kitco News) – The Federal Reserve could provide the ammo that blasts gold into its next major rally – a rally that could push prices up as high as $10,000 an ounce, according to one famed investor.
Read moreInnovation In Gold Mining Sector Is Inevitable – Tech Executives
(Kitco News) – It’s an exciting time to be a tech company in the mining sector, according to two mining tech executives who have identified a series of game-changing opportunities for the industry.
Read moreGold Price To Top $1,300? Depends On U.S. Senate – Analyst
(Kitco News) – All eyes are on Capitol Hill this week for a make-or-break vote on tax reform in the U.S. Senate. According to one strategist, the political landscape could determine whether gold will drive above $1,300 an ounce.
Read moreGold Chart: Prices Down From Highs Following 6.2% Rise In New Home Sales
(Kitco News) – Gold prices have fallen from their highs but remain in striking distance of $1,300 an ounce, despite a stronger-than-expected rise in new home sales.
Read moreBullish Commodity Index Points To Better Times Ahead for Precious Metals
The Goldman Sachs Commodity Index (GSCI) is a basket of several major raw commodity market prices rolled into a composite index price. The GSCI is a good gauge of the overall strength of the raw commodity sector.
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