Precious Metals - Febspot

Precious Metals

A collection of 4 posts

Gold and silver hit record highs — Bitcoin rotation could follow in about 6 months — Assets.beincrypto.com

Gold and silver hit record highs — Bitcoin rotation could follow in about 6 months

Gold and silver extended record-breaking rallies, with gold reaching $5,597 per ounce and silver climbing to about $119.3 in early Asian trading, as capital and retail attention shift from crypto toward precious metals, BeInCrypto reported. Gold rose 2.6% over the past day to hit $5,597, while

Steve Hanke says Fed likely to hold rates as inflation remains stuck — Assets.beincrypto.com

Steve Hanke says Fed likely to hold rates as inflation remains stuck

In an interview with Beincrypto, former Reagan advisor Steve Hanke said he expects the Federal Reserve to hold interest rates as inflation remains stuck, noting that markets widely expect the Fed to stand pat at Wednesday’s FOMC meeting. Hanke pointed to persistent inflation and growing policy uncertainty, arguing that

Bitcoin retreats to $94,300 as U.S. stocks, metals slide — Cdn.sanity.io

Bitcoin retreats to $94,300 as U.S. stocks, metals slide

Bitcoin pulled back to $94,300 as U.S. stocks sank and precious metals tumbled. A selloff in precious metals and lower U.S. stocks appeared to be denting crypto sentiment. The report did not provide additional detail on the outlook or next steps for markets. Key Topics Crypto, Bitcoin,

Grandparent on a Fixed Budget Says 401(k) Beneficiaries Replace Costly Precious-Metal Gifts

Grandparent on a Fixed Budget Says 401(k) Beneficiaries Replace Costly Precious-Metal Gifts

A grandparent who described themselves as being on a fixed budget said they can no longer afford traditional precious-metal gifts such as silver or gold for their infant grandchildren. Instead, the individual reported having already named the grandchildren as beneficiaries on a 401(k). The comment highlights a practical response