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POSTED ON March 5, 2024  - POSTED IN Key Gold Headlines, Peter's Podcast, Videos

Gold hit a new all-time nominal high, surpassing the previous record set in December of the previous year. The precious metal’s price reached approximately $2,140, indicating a robust and continuing interest in gold as a safe-haven asset, despite a rather peculiar lack of fanfare from the media and retail investors. This latest peak in gold prices was notably recorded without the typical surge in public buying that usually accompanies such milestones. Instead, there has been a consistent outflow from gold ETFs, suggesting that the retail sector has been selling rather than accumulating during this rally.

POSTED ON January 12, 2024  - POSTED IN Key Gold Headlines

On Wednesday, January 10th, the Securities and Exchange Commission (SEC) made an interesting decision, voting to allow everyday folks to participate in spot bitcoin ETFs. This move marks an opening for a broader audience to delve into Bitcoin speculation.

The approved ETFs are set to be listed on various exchanges, including Nasdaq, the New York Stock Exchange, and the Chicago Board Options Exchange. This is supposed to provide an additional layer of oversight. But the announcement went terribly wrong, amplifying concerns about the ETFs.

POSTED ON January 4, 2023  - POSTED IN Exploring Finance

Key Takeaways

  1. The price of Bitcoin has been suspiciously stable following the epic collapse of FTX less than 2 months ago
  2. The whales are defending the Bitcoin price at $16,000 waiting for interest to flood back into Bitcoin
  3. It’s hard to imagine a bigger hype train than 2021 which means Bitcoin may not make a new all-time high
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