Got Gold?: Miller on the Money
Published: Monday, 20 March 2023 06:13 | 
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Good friend Chuck Butler, editor of The Daily Pfennig, is a world currency expert. He constantly asks, “Got Gold?”
Gold Prices Reflect A Shift In Paradigm, Part 2
Published: Monday, 20 March 2023 06:12 | |
| In the first part of this report, we highlighted that observed gold prices have significantly detached from our model-predicted prices. While this has happened in the past, prices always converged eventually. However, the delta between the observed and the model predicted price has now reached a record high of around $400/ozt. We thus ask ourselves whether it is reasonable to...
Gold Tops $2,000 for First Time in a Year as Bank Fears Continue
Published: Monday, 20 March 2023 06:08 | |
| Gold steadied, after rising above $2,000 an ounce for the first time in a year after a deal to buy Credit Suisse Group AG failed to entirely ease fears over the global banking sector.
Bitcoin Climbs to 9-Month High as Bank Turmoil Sparks Rally
Published: Monday, 20 March 2023 06:06 | |
| Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years. The biggest cryptocurrency rose as far as $28,567, its highest since mid-June, and was last up 0.9%, amid growing expectations that central banks would slow the pace of interest rate hikes.
Credit Suisse Says $17 Billion Debt Worthless, Angering Bondholders
Published: Monday, 20 March 2023 06:05 | |
| Credit Suisse said 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will be written down to zero on the orders of the Swiss regulator as part of its rescue merger with UBS , angering bondholders on Sunday.