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The Reserve Bank of India has repatriated 102 tonnes of gold from the UK, bolstering domestic reserves as global instability fuels demand for secure assets. 102 Tonnes of Gold Returned: RBI Shifts Assets From Bank of England India’s central bank, the Reserve Bank of India (RBI), has returned 102 tonnes of gold from the Bank … Read more
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ. Go to Source
BTC price strength is already nailing new record highs against major fiat currencies, but gold is now the holy grail for Bitcoin bulls. Go to Source
If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan. Go to Source
Economist and gold advocate Peter Schiff declares gold’s explosive rise is only the beginning, forecasting a historic rally fueled by looming inflation and economic turmoil. Peter Schiff: Gold Bull Market Hits Record High — But This Is Just the Beginning Economist and gold advocate Peter Schiff underscored gold’s impressive 2024 gains, reaching a record high … Read more
With bitcoin prices on the rise Tuesday, gold has achieved a historic peak, reaching $2,783 per ounce. Gold’s Historic High Turns Heads This week, both crypto and precious metals markets are showing strong gains. Bitcoin (BTC) inches closer to its record high of $73.7K, last seen on Mar. 14, 2024, while gold has already surpassed … Read more
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies Tether’s Asset Reserves Following Forum Presentation This week, tether’s market cap soared past $120 billion, making it about … Read more
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility … Read more
Jan Nieuwenhuijs, a seasoned gold market analyst, has observed a change in gold purchasing flows, stating that while the East previously drove prices up, Western investors are now in charge of pushing the gold market to new heights. However, a ‘perfect storm’ for gold prices might ensue if the East starts buying again. Western Investors … Read more
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance. The gold confiscations of 1933 highlight why self-custody of bitcoin, rather … Read more
