The Gold ‘Bridge’ Forming Now



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The Gold ‘Bridge’ Forming Now

Gold might be returning to mainstream discussion a lot more in the future, and it’s in part thanks to cryptocurrenices.
One of the main selling points of most cryptos is they’re limited in supply. It’s built into their code. Yes, they can divided to very narrow chunks. But the crypto community is directly basing this on gold’s original appeal. 
The post The Gold ‘Bridge’ Forming Now appeared first on Daily Reckoning Australia.

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Memo to the haters: bitcoin bounces back

Crypto is here to stay.
You don’t have to believe me, either. Christine Lagarde, head of the International Monetary Fund (IMF), dismissed some of the concerns over virtual currencies late last week. Lagarde said:
The post Memo to the haters: bitcoin bounces back appeared first on Daily Reckoning Australia.

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The Fragility of the North Korean Nuclear Showdown

Right now, there’s no doubt that the greatest threat to world peace in general, and the U.S., in particular is coming from the Democratic People’s Republic of Korea, DPRK, commonly referred to as ‘North Korea’.
North Korea has made great strides in short-range and intermediate-range missiles, and is working rapidly toward an intercontinental ballistic missile (ICBM), that could reach Los Angeles and much of the rest of the United States from their territory.
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Watch the Fed’s New Guard, Not the Old

Expert consensus was almost unanimous that the Fed sent a hawkish message after its September meeting. A December rate hike was ‘still on the table’.
The view was expressed in all of the major news outlets.
Markets got the message. The dollar rallied, the euro declined, gold traded down, and interest rates ticked up. That’s exactly what you would expect.
There was only one thing wrong with this story, as I explained at the time: Everything.
The post Watch the Fed’s New Guard, Not thSee Original Article

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