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Nalezeno "1 oz of gold": 2137

The Fed Plans to Inject $60 Billion per Month Into the Economy


On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR


Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse


An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...

Australia’s Perth Mint Launches First-Ever Sovereign Gold Crypto Token


Australian government-owned Perth Mint has launched a gold crypto token. An InfiniGold Precious metal digitation company supported the launch. The launch is said to be an initiative to digitize its gold assets. This accreditation certification is issued by Perth Mint and is guaranteed by...

Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance


Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test...

German Bank Predicts BTC at $90,000 After Next Halving


You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...

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