Shaun Djie of Digix explains that both gold and bitcoin are valued by investors seeking protection against inflation, and that neither is likely to displace the other. Gold is more liquid and has a larger role in the global monetary system. But the real difference between gold and bitcoin has to do with the types of savers who choose them…
Recent trade sanctions against Iran might be the last straw for countries who’ve tolerated U.S. protectionist policies that maintain the dollar’s dominance as central reserve currency. Here are the potential consequences to follow.
Following in the footsteps of Utah, Kansas and Texas, Oklahoma recently passed a law to allow gold as legal tender, which has led some to believe that the U.S. is slowly moving towards the gold standard. How would that work? And is it even realistic? How would you even use gold in place of the U.S. dollar? It's a fascinating topic with no right or wrong answers. In this Market Report, Will Hart and Jake Kennedy give their take on these questions. Pay special attention to the enlightening example that's taking place in Ukraine today.
The Federal Reserve shot down market expectations when they announced there will probably be no interest rate hikes this year. See why this could be highly bullish for gold in this week's News to Know.
With gold riding a nine-month high and posting gains for the fourth straight month, many analysts have focused on how the metal has outperformed virtually every other asset. Yet to Forbes contributor Frank Holmes, recent buying by central banks is perhaps the most sensational story related to the metal. Find out why in this week's Your News to Know.