Silver and gold are finally drawing some attention from market participants thanks to a stellar performance from precious metals in August. | Source: Shutterstock; Edited by CCN Silver and gold are finally drawing some attention from market participants thanks to a stellar performance from precious metals in August. After several years of sideways price action,...Read More
Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such...Read More
Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset.You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books.Related Reading: Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates Into 2020As reported...Read More
With political and economic tensions escalating, investments in safe haven assets such as gold are on the rise. The commodity has often been compared to Bitcoin, but a recent outbreak of fake bars clearly illustrates the glaring differences in the two asset classes.Gold Prices Hit 2019 HighThe sentiment driving gold prices this year is showing...Read More
Chonic crypto critic Peter Schiff promised that the Bitcoin price would never, ever hit $50,000. One trader told us he is dead wrong. | Source: Cambridge House International Inc./YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: The Bitcoin price has defied his bearish portents before, but goldbug and chronic crypto critic Peter...Read More
Ben Brown Ben is a journalist with a decade of experience covering financial markets. Based in London, UK, his writing has appeared in The Huffington Post and he was Chief Editor at Block Explorer, the world’s longest-running source of Blockchain data. Reach him at benjamin-brown.uk, Twitter at _Ben_Brown or MuckRack. Email ben @ benjamin-brown.uk. The...Read More
