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Investing During a Crisis

... financial markets. Furthermore, gold has garnered a multitude of enthusiasts due to the expansionary monetary policies conducted by major central banks. Asset purchase programs, more commonly known as quantitative easing, are believed to degrade fiat currencies. Consequently, many investors are willing to allocate at least a small portion of their assets to gold, which has notably resulted in a rapid increase in gold ETF shares. While precious metals can be a sound choice given the current central ...

What will be the ruble to dollar exchange rate at the end of the year?

... weaken the ruble. Inflation in Russia: Domestic inflation at around 8.54% complicates the economic environment, making the ruble vulnerable. Geopolitical environment and sanctions: New sanctions or strengthening of existing ones could limit access to currency and increase pressure on the ruble. Interest rates: High interest rates support the ruble, but their reduction, if the Central Bank of Russia decides to ease monetary policy, could lead to its weakening. Final forecast: Based on all these factors,...

16 Years of Bitcoin: From Initial Steps to $100,000 and Beyond

... exceeding $1 trillion. The Genesis and Evolution of Bitcoin In October 2008, a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" was published under the pseudonym Satoshi Nakamoto, outlining the principles of a decentralized digital currency. On January 3, 2009, the first block in the Bitcoin network, known as the "genesis block," was mined, marking the launch of a new financial system. The Evolution of Bitcoin's Price Over the Years 2009-2010: In its early years, Bitcoin ...

Friday, November 22, 2024 Key Economic Events

... the dollar and elevate equity markets, while weaker data might suggest economic cooling. Recommendations for Investors Commodities: Monitor PetroChina’s earnings for insights into oil and gas demand trends, which could affect global energy prices. Currencies: Pay attention to PMI data and U.S. labor statistics for potential movements in the euro, dollar, and yen. Equities: The tech and energy sectors may experience volatility based on earnings reports from Alibaba, PetroChina, and Deere. Staying ...

Guide to NFT Investments: Best Platforms and NFTs, Predictions

... non-fungible artistic tokens. Thus, the first step in investing in NFTs is to create an electronic wallet for accredited cryptocurrencies. Following that, one can choose the ideal NFT platform for their goals and connect their digital wallet containing virtual currencies. Furthermore, with the emergence of play-to-earn features, it is now possible to earn cryptocurrencies through actions within favorite online games that can then be spent on NFTs. Top NFTs Related to Crypto Games In the realm of crypto games,...