Author name: Peter

Peter Schiff Warns of Inflationary Depression, Predicts Higher Recession Severity

Economist Peter Schiff Raises Concerns over Inflation, Recession, and Depression Economist and gold bug Peter Schiff recently took to social media platform X to issue a series of warnings about the U.S. economy and the U.S. dollar. He emphasized that the ongoing financial and economic crisis, which has been long overdue, is now unfolding before […]

Peter Schiff Warns of Inflationary Depression, Predicts Higher Recession Severity Read More »

The Future of the U.S. Dollar Amidst Rising National Debt: Analysis by Jeffrey Gundlach

Jeffrey Gundlach, a well-known billionaire and affectionately referred to as the "Bond King," has expressed concern over the potential risk that the U.S. dollar's reserve status may face due to the escalating national debt. He cautioned that the future of the U.S. dollar, along with the probability of uncontrolled inflation, largely hinges on regulating both

The Future of the U.S. Dollar Amidst Rising National Debt: Analysis by Jeffrey Gundlach Read More »

Economic Experts Caution That Full-Scale Iran-Israel Conflict Could Lead to Worldwide Economic Downturn

Recent insights from Bloomberg's team of economic experts suggest that an all-out war between Iran and Israel might set off a worldwide economic downturn. They highlighted that a sharp increase in oil prices, coupled with a drastic decline in risk assets, could significantly impact growth and potentially elevate inflation levels. They further cautioned that the

Economic Experts Caution That Full-Scale Iran-Israel Conflict Could Lead to Worldwide Economic Downturn Read More »

Renowned Economist Peter Schiff’s Controversial Take on Bitcoin’s Role in Modern Economy

Peter Schiff, a respected economist and a known supporter of gold, has recently sparked controversy by voicing his negative opinion on the value and role of Bitcoin in today's economy. Schiff's argument revolves around his conviction that Bitcoin is devoid of any real utility, and its proponents are akin to a religious sect, persuading others

Renowned Economist Peter Schiff’s Controversial Take on Bitcoin’s Role in Modern Economy Read More »

Bitcoin and Ethereum: Promising Market Trends Amidst Potential ETF Approvals

The world of cryptocurrencies experienced a considerable upturn recently, with Bitcoin reaching a three-month high and Ethereum also showing significant progress. The substantial surge in these cryptocurrencies has been attributed to the growing market optimism about the potential approval of several spot bitcoin ETFs by the Securities and Exchange Commission (SEC). Let's take an in-depth

Bitcoin and Ethereum: Promising Market Trends Amidst Potential ETF Approvals Read More »

XRP and Solana Experience Significant Growth Following SEC’s Dismissal of Ripple Lawsuit

XRP, a prominent cryptocurrency, experienced a significant upturn on Friday, driven by the market's reaction to the Securities and Exchange Commission (SEC)'s decision to abandon its lawsuit against Ripple's executive team. Previously, the SEC had claimed that Ripple's CEO, Brad Garlinghouse, and Chairman, Chris Larsen, had infringed securities laws. In parallel, Solana also noted an

XRP and Solana Experience Significant Growth Following SEC’s Dismissal of Ripple Lawsuit Read More »

Bitcoin ETF’s Rising Popularity: A Blessing or a Curse?

Bitcoin ETFs, or Exchange-Traded Funds, have been making waves in the financial world in recent times. The soaring popularity and potential benefits of these funds have sparked optimism among proponents. However, critics raise concerns about potential vulnerabilities and manipulative practices, drawing parallels with the precious metal markets. Emerging Concerns Around Bitcoin ETFs The potential for

Bitcoin ETF’s Rising Popularity: A Blessing or a Curse? Read More »

Cryptocurrency Market Trends: Analyzing Polygon and Cosmos

In recent trading sessions, Polygon, a well-known cryptocurrency, experienced a downtrend for the fourth consecutive day. The market's bearish sentiment seems to be affecting the coin's performance, pushing it to a ten-day low. This downturn is reflective of the global market cap, which also remains in a bearish state. However, in contrast, Cosmos showed signs

Cryptocurrency Market Trends: Analyzing Polygon and Cosmos Read More »

Bitcoin and Ethereum Technical Analysis: A Shift in Market Trends for BTC and ETH

Bitcoin (BTC) concluded its five-day losing spree on Friday, indicating that the cryptocurrency might have discovered a temporary price base. This development coincided with the traders' ongoing response to the recent U.S. inflation report, which remained at a steady 3.7%. Simultaneously, Ethereum (ETH) experienced a slight upward shift, signaling a potential end to its recent

Bitcoin and Ethereum Technical Analysis: A Shift in Market Trends for BTC and ETH Read More »