What they say about gold

CNBS analysts from a major American financial news channel predict very strong demand for gold. Usually, when such judgments and forecasts are poured into the masses, everything happens exactly the opposite. BUT! There are compelling arguments and a very likely scenario here. “The expected weakening of the US dollar and interest rates in 2024 is…

King’s move

Oil is the main raw material on the planet and what is now happening with this asset is comparable to a chess game of important political figures, which we wrote about in previous articles. After America made its move and lifted sanctions on Venezuela, which is one of the major players in the oil market,…

Eurozone – stop rate hikes

Due to the sharp and very strong level of inflation, all developed economic countries began to increase interest rates on credit and deposit money. In such conditions, it is expensive for the manufacturer to borrow money, and it is beneficial for the consumer to save money in bank accounts and not spend it due to…

Elections that matter

Joe Biden’s reign over America is getting closer and closer to the end. In fact, the election race has already begun, and all contenders are trying to win the hearts and votes of Americans before voting begins. Trump dominates Republican primaries. Several polls show him leading President Joe Biden in swing states. In one, 59%…

The market breaks the Bank of Japan

The Japanese yen continues to devalue against the dollar for the ninth month in a row. The Bank of Japan, despite the global trend of fighting inflation and increasing interest rates in leading economic countries, has left its monetary policy unchanged for a long time. Despite recent evidence of a cooling economy in America and…

Looks like there’s a deal brewing

On Tuesday, European lawmakers discussed in closed sessions what steps could be taken to enable authorities to identify individuals making transactions with any number of crypto assets, but no agreement was reached. Officials are concerned that “it is possible that terrorist financing may occur not only in large transactions, but also in small ones.” In…