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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
After a Profound Rally Gold Looks Poised to Stabilize Around $2080–2100/oz Levels
Dec 28, 2023
Gold prices crossed the critical $2,000 per ounce mark back in November, and ever since keep outperforming many oth...
Why Silver Outshined Broad Market Indices and Gold in November 2023
Dec 19, 2023
In November, the price of silver in the international market rose by more than 9%, while the price of spot gold ros...
Estimated World Official Gold Holdings Reach Record High
Sep 25, 2023
Gold (XAUUSD) has been showing essentially neutral-to-lightly-negative trend since end of global Covid lockdowns, l...
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
A Bullish Signal: MicroStrategy Announced Selling Some Own Stock to Buy More Bitcoins
Aug 02, 2023
Although Bitcoin (BTCUSD) is still trading near its yearly low at $29,620, there are more signs the situation may b...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
Gold-Backed Stablecoins Now Lead the Game
Apr 06, 2023
The market capitalization of tokenized gold assets has surpassed the $1 billion milestone, coinciding with near-rec...
ProShares Ultra Gold ETF: Leveraged Exposure to Gold at the Time of Rising Odds of Banking Crisis
Mar 17, 2023
There are growing signs of an approaching banking crisis in the United States, which means economic uncertainty cou...
WGC: Gold Demand Being Bolstered by “Colossal Central Bank Purchases”
Feb 02, 2023
According to the World Gold Council, gold demand rose to an 11-year peak in 2022 due to “colossal central banks pur...
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