Altcoins News
By Dan Saada
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Fed Policy Crushes Gold Dreams. Things got worse for gold when Fed Chair Jerome Powell basically killed any hopes for rate cuts in…
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Market Chaos Spreads. The Chicago Mercantile Exchange reported massive spikes in gold futures trading volumes on March 20.
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Supply Chain Nightmares Hit Gold Mining. Barrick Gold Corporation, one of the world's biggest gold producers, said on March 21 that…
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Bitcoin jumped hard recently. The cryptocurrency climbed over 11% to hit around $70,650 since late February, while gold got absolutely hammered during the Middle East conflict…
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The contrast between these two assets is pretty wild right now. Gold, which people usually run to when things get scary, has been bleeding money since the military strikes started.
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Institutional money managers who normally pile into gold during crisis moments are second-guessing themselves.
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Oil markets went crazy too. Brent crude shot past $120 per barrel on March 21 as traders worried about supply cuts through the Strait of Hormuz.
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Bitcoin futures and gold options both saw huge volume increases at the London Metal Exchange on March 21.
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President Trump's mixed signals aren't helping anyone feel confident about what comes next. He mentioned potentially scaling back military operations, but the US keeps sending…
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The International Monetary Fund jumped in on March 22 with warnings about economic stability.
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European Central Bank President Christine Lagarde warned about inflation pressures from messed up energy supplies.
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Barrick Gold Corporation, one of the world's biggest gold producers, said on March 21 that security costs and logistics problems in the Middle East are wrecking their supply…
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Energy Secretary Jennifer Granholm said on March 20 that the US is ready to tap strategic petroleum reserves if needed.
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Saudi Aramco announced March 21 it would pump more oil to counter potential supply disruptions.
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JP Morgan analysts released a report March 22 suggesting Bitcoin's gains come from institutions looking for alternatives to traditional safe havens.
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