Dow Plunges 400 Points as Haven Demand Fuels Gold & Treasuries

The Dow plunged below 26,000 as demand for safe haven assets fueled spikes in gold and US Treasury bond prices. | Source: REUTERS/Brendan McDermid/File Photo The Dow and broader U.S. stock market plunged anew on Monday, as threats to global economic health fueled a massive rally in haven assets like Treasuries and gold bullion. According […]

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Bitcoin Users Unaffected as NASA Targets Infinite Amount of Gold

An easy argument against the “limited supply” trope around gold is simply that we don’t know how much is out in the universe. CEO of gold ETF company, not a fan of bitcoin https://t.co/18nXYtNMFL — Barry Silbert (@barrysilbert) June 29, 2019 Precious Metal Supply: Not Limited After All NASA reportedly just uncovered a vast gold […]

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Trade Bitcoin? Here’s Why You Absolutely Need to Also Buy Gold

Published: 23/06/2019 13:13 ET. Journalist: By CCN Markets: Trading bitcoin comes with an extremely high degree of risk because of its volatility. Other than technical analysis, which can assist in finding buy and sell points, crypto traders are beholden to the whims of other traders. This is particularly true for bitcoin because its value isn’t […]

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Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain

The stablecoin is still an evolving concept, and there have been multiple approaches to it. Dai has algorithmic methods to keep it tied to the US Dollar, while the multitude of stablecoins – USDT, PAX, GUSD, TUSD, and USDC — all simply offer a 1:1 exchange ratio. The recently-rebranded Ampleforth offers an elastic supply so […]

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