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…
No matter how trivial it may sound, there are financial assets in the commodity markets that add 2-5% growth every day. Such a price jump, especially in a directional movement, is much greater than that of the most liquid cryptocurrencies. Due to bad weather and cataclysms on the planet, cocoa and orange juice are now…
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,…
The ability of American households to cover a $2,000 unexpected expense is at its lowest level in a decade, according to the Federal Reserve Bank of New York. According to the latest survey of consumer expectations and access to credit, conducted every four months by the Federal Reserve Bank of New York, only 65.8% of…
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…
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 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…
Argentina may become the first country in a long time to switch to the US dollar. When inflation goes off scale beyond a critical level, the country’s economy cannot get out of the debt hole, then in such cases a default is declared with a transition to a new or world settlement currency – the…
Previously, we gave a forecast for the growth of major cryptocurrencies. The main drivers were expectations of positive regulatory approval for spot ETFs and geopolitical tensions in the global economy and order. To these drivers, another important factor was added – the monetary policy of the US Federal Reserve. We believe the flagship cryptocurrency Bitcoin,…
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…
