gold ira

Financial Benchmarks Display Bullish Trend After FOMC Announcement Following the recent session of the Federal Open Market Committee (FOMC), the Federal Reserve has decided to keep interest rates unchanged. This decision has sparked a positive reaction in the market, driven by the expectation of rate reductions in 2024 and influenced by Fed Chair Jerome Powell's […]

Saudi Aramco, the biggest oil and gas company in terms of market capitalization, has joined forces with SBI Holdings, a financial services group from Japan, to explore the possibility of collaborating on investments in digital assets. SBI Holdings is also considering the establishment of a subsidiary in the Middle East to expand its presence in

Skybridge Capital Founder Sees Bitcoin as a Store of Value Asset Skybridge Capital founder Anthony Scaramucci discussed the future of bitcoin in an interview with Bloomberg, expressing his belief that bitcoin has the potential to become a multi-trillion-dollar asset. He emphasized that bitcoin is a store of value asset and compared it to digital gold,

Introduction The first deputy managing director of the International Monetary Fund (IMF) has recently issued a warning regarding the potential emergence of Cold War II. Drawing parallels between the historical Cold War between the U.S. and the Soviet Union, the IMF official emphasized that the current geopolitical landscape is characterized by tensions between the U.S.

Professor Hanke Challenges Krugman's View Johns Hopkins University's professor of applied economics, Steven Hanke, strongly disagrees with fellow economist and Nobel laureate, Paul Krugman, regarding his assertion that inflation is a "global phenomenon." Hanke recently criticized Krugman's op-ed article in the New York Times, labeling it as another example of disinformation from the renowned economist.

Self-DirectedGold IRAs are great because they let you make investments in gold and other precious metals without having to go through any middlemen. They are so simple that your grandmother could manage it! When you buy physical silver, gold, platinum, palladium, and rhodium coins, bars, rounds and bullion, you will receive immediate liquidity. However, if

Recent market statistics reveal that two specific cryptocurrencies, Cardano (ADA) and Avalanche (AVAX), have witnessed substantial gains in the past week, surpassing other top 20 cryptocurrencies in terms of market capitalization. In the previous seven days, Avalanche has surged by an impressive 48.7%, while Cardano has experienced an increase of 50.4% against the U.S. dollar.

Gold's Record High and Modest Year-to-Date Increase Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the

Sofi's Decision to Stop Offering Crypto Services Sofi, the financial services platform, has announced that it will no longer offer cryptocurrency services to its customers starting from December 19. The company made this decision due to increased scrutiny of the crypto sector by banking regulators. Sofi has provided instructions on its webpage for customers who

Bitcoin as an Alternative to Fiat Currencies Brian Armstrong, CEO of Coinbase, has recently reflected on the role that bitcoin might have in the future of Western civilization. In a post on X, Armstrong explained that "One idea I’ve been contemplating is that Bitcoin may be the key to extending western civilization" and that fiat