Investor anxiety is reaching new heights. CNN’s Fear and Greed Index plunged to just three on April 8, marking its lowest level since March 2020, when COVID-19 lockdowns sent shockwaves through financial markets. The index has since made a modest improvement and is sitting at eight. These levels reflect sentiment…
Gold fell below US$3,000 per ounce this week before rocketing to a new all-time high. Gary Wagner, executive producer at TheGoldForecast.com, explains why that happened and how he expects the yellow metal to perform in the long term as market turmoil continues. Securities Disclosure: I, Charlotte McLeod, hold no direct…
Global markets took a beating this week as investors and world leaders reacted to sweeping tariffs announced by the Trump administration on April 2, with tensions between the US and China escalating. After last week’s losses, this week started with a brief but sizable 8.5 percent surge on Monday (April…
Here’s a quick recap of the crypto landscape for Friday (April 11) as of 9:00 p.m. UTC. Bitcoin and Ethereum price update At the time of this writing, Bitcoin (BTC) was priced at US$83,823.99 and up 5.2 percent in 24 hours. The day’s range has seen a low of US$81,675.28…
In a rapidly escalating economic conflict that now threatens to fracture global trade, the US and China are locking horns once again in a full-blown, protracted tariff war. On Wednesday (April 9), US President Donald Trump announced sweeping new tariffs targeting Chinese goods, raising levies to a staggering 125 percent.…
Will Rhind, CEO of GraniteShares, discusses gold’s ongoing price momentum and latest all-time high, saying he sees fear as a key driver right now. However, increasing M2 money supply is also an important underlying factor for the yellow metal. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in…
New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had “serious compliance deficiencies” related to its anti-money laundering program and transaction monitoring processes. The deficiencies at Block, some involving cryptocurrencies,…
An Italian scientist has been found dead in Colombia, according to local authorities, after several pieces of a human body were discovered lying on a path in the coastal city of Santa Marta on Sunday. City police said their investigation showed that a bracelet found on the remains belonged to…
Prince Harry met with war victims on Thursday in an unannounced visit to Ukraine as part of his ongoing work with wounded veterans, a spokesperson said. Harry visited the Superhumans Center, an orthopedic clinic in Lviv that treats and rehabilitates wounded military personnel and civilians, to see top-notch services provided…
When discussions began over releasing Israeli hostages shortly after the October 7 attack by Hamas, the negotiators tasked to strike a deal were mostly intelligence and security professionals. But in February, Israel made an important change that those now involved say has had a profound slowing effect on the discussions…