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The Oversold Gold Market Creates An Asymmetric Opportunity With This Strategy
Over the last couple of weeks – I’ve written about the transition from global trade wars into currency wars. So far this year, we’ve seen the Argentina Peso and Turkish Lira get desecrated. But it’s not just Emerging Markets with ‘soft’ currencies being affected. The Australian Dollar’s also performing very poorly – same with the Canadian dollar. This shows you just how fragile the world’s currencies are when there’s a currency war – no one’s safe. And unintended consequences spread like flames of a fire. . . I wrote earlier this week that over the last two decades – gold’s never been ... (full story)
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minaung
Aug 9, 2018 9:36pm
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Aug 9, 2018 8:57pm
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From cointelegraph.com | 32 min ago
Crypto-focused asset manager Grayscale said that Bitcoins price may have bottomed earlier than the traditional four-year cycle, which would imply a cycle low in September or October. Grayscales head of research, Zach Pandl, argued that Bitcoin (BTC) has grown up as an asset and is increasingly driven by macroeconomic factors. If the Fed forgoes rate ...
From omfif.org | 1 hr 13 min ago
Ask a Lebanese freelancer how a client abroad pays, or a shopkeeper how a sale is priced, and the conversation returns to dollars. Since the 2019 financial crisis, banking failure and the currencys collapse have deepened Lebanons reliance on cash dollars. Dollar stablecoins could extend that reliance into digital form. Stablecoins may ease payments for ...
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