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Tag: Peter Schiff

Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell

July 6, 2021 wp-bot Bitcoin News

After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the

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As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

June 28, 2021 wp-bot Bitcoin News

The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in

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While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters

June 23, 2021 wp-bot Bitcoin News

The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed

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Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC

June 21, 2021 wp-bot Bitcoin News

The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash.

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Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation

June 16, 2021 wp-bot Bitcoin News

The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue

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JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’

June 15, 2021 wp-bot Bitcoin News

Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and

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