Utilising MarketHive to Promote CryptoCurrency
"There is momentum There is momentum" Today during a news conference, the House of Representatives speaker Nancy Pelosi said, “There is momentum. There is momentum.” This is extremely great news considering that lawmakers have set this Monday as a deadline for completing the basic draft of a bipartisan fiscal stimulus bill which could then be […]
The heat is on, as lawmakers scramble to pass a relief legislation In the words of Glenn Frey; “The heat is on … The pressure's high” Unquestionably there is an immense amount of pressure for lawmakers to come to a understanding and pass a greatly needed fiscal stimulus package before the end of the year. […]
Bipartisan stimulus package framework could be completed this weekend In the words of the famous author Mark Twain, “If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re misinformed.” These words seem to resonate in regards to the current news about the ongoing negotiations to come up with a fiscal […]
Peter Hug – Gold, silver prices bounce off support, can rally last? Gold rose 2% on Monday, with silver up 5.5% on the trading session. Peter Hug, global trading director of Kitco News, said that fundamentals line up with this rally. Equities also saw a bounce. Hug said that talks of a new round of […]
This is only the start for gold prices as bitcoin hits an all-time high – currency debasement will drive prices higher – Charlie Morris The gold market is struggling to find near-term bullish momentum as the price trades below $1,800 an ounce; however, one fund manager said that if investors want to know where the […]
Can gold price fall below $1,700 before selloff is over? Markets eye COVID restrictions, stimulus Gold is down for the third week in a row but does this mean the bull market is over? Some analysts are beginning to reverse their expectations of $2,000 gold by the end of the year. Thin holiday trading and […]
How much lower can gold price go? Alain Corbani < Gold has broken a critical support level, but there is not much downside left, said Alain Corbani, portfolio manager of Finance SA, who forecasts $2,500 an ounce for gold's upside target. The metal will be caught between conflicting macroeconomic forces next year: slightly higher negative […]
Global stocks hover near record high, oil skids on demand outlook Stock Markets41 minutes ago (Nov 27, 2020 01:06AM ET) TOKYO (Reuters) – Asian shares stalled near record highs on Friday as investors weighed renewed doubts about a highly-anticipated coronavirus vaccine against hopes that some of the region's economies will recovery quicker than their Western […]
Peter Hug: Should gold and silver still be in your portfolio? Gold’s medium-term outlook is still constructive, and long-term investors should be using lower prices to re-weight their gold holdings, said Peter Hug, global trading director of Kitco Metals. “There’s a bridge that needs to be gapped here until this vaccine gives everybody the confidence […]
Bank of American neutral on gold price – no longer holding $3,000 target The possibility of three highly effective vaccines in 2021 has changed the landscape for the gold market, according to analysts at Bank of America Securities. In BoA's 2021 outlook presentation, Francisco Blanch, head of global commodities & derivatives research, and Michael Widmer, […]