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The current Bitcoin price cycle is coming to an end, and before the price continues its upward trajectory, it must first correct downwards, said Clem Chambers of InvestorsHub.
Chambers told David Lin, anchor for Kitco News, that the price will likely correct to $20,000 before a “crypto winter”, a period of price stagnation, takes place. After that, a rally to new all-time highs, potential $120,000, is possible.
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Top 10 Gold Investing Tips
When buying gold there are many pitfalls to avoid before spending your hard earned money. I’ve compiled a list of the ten best gold investing tips for new investors who want to get the most value for their money.
How Does the London Bullion Market Trade?The London Bullion market is an over the counter trade, within the market, and with other clients for trading gold and silver. The trading is carried out amongst a number of members from the (LMBA) London Bullion Market Association. The Bank of England monitors this whole activity to some extent. The traders and bankers usually include major international banks, and dealers, which include gold producers, refiners, fabricators, and traders.
Why Investing in Gold is a Good IdeaGold has and shall continue to sustain the popular form of investment and has successfully achieved to grab investors’ interest. The return of gold is welcomed by all sectors and most importantly; it is a worldwide accepted form of metal. Some people are inclined towards it as it has become a status symbol. It is regarded as a secure hedge against inflation and assists in providing one with augmented finances in the future.
Investing in Gold Online – The Right WayBuying and investing in gold and gold coins is a growing trend today with the unsteady economic twist and turns of recent years. If one is to invest in gold, especially online, one needs to exercise some caution and use common sense as well as doing some investigation of the factors that come into play with gold purchases.
Nations, Politics and Krugerrand Gold CoinsThe Krugerrand is the product of nation created by fevered nationalism, a quest for independence, and a drive to control government of a country based on a continent blessed with natural resources beyond measure. Take a quick tour through history to see where the gleam of the Kruger comes from.
Gold Investing – 7 Levels of RiskWhen I started serious gold investing back in 2000, gold had recently hit its low of $252.80 on 20th July 1999. At that time the range of of gold investments was severely limited to a small number of funds and to a far smaller number of gold equities. They were all performing very poorly and to purchase gold at that time was the ultimate contrarian investment.
Canadian Maple Leaf Gold Coin HistoryA little about the history and source of this fascinating coin. Also a mention of the world’s largest gold coin – how much do you think that it was worth?
How to Invest in GoldEven during the ravages of recession, inflation, and politics, gold has been an utmost shield to combat with all such circumstances. It has the power and the strength to combat with all such decline periods and is considered to be a store of wealth even if we trace back to its history when gold centres were preserved. This metal has been recorded to have a doubled increase over the past five years. It has proven itself to be financial hedge for ordinary people and the investors as well.
Why Gold is a Good Hedge Investment?At the time of global depression, and economic slowdown, investors look forward to park their investments safely. Gold is a clear choice, as a safe investment haven. During last two years, when all the asset classes have failed to perform, gold is the only invest able asset that remained upbeat.
Will I Make a Good Return by Investing in Gold?During financial crisis, it makes sense to fall back on time-proven investing approach. Gold is a standard form of investment, which has proved its worth every time, even in unbalanced markets.
