During what may have been the most boring interview since the dawn of recorded time, Fed Chair Jerome Powell, speaking to CNBC's Andrew Ross Sorkin at the New York times' DealBook conference, said that Bitcoin$Bitcoin (BTC.CC)$is "just like gold, only its virtual. It's digital." Powell added that Bitcoin is not being used as a medium of exchange, "People are not using it as a form of payment, or as a store of value. It's not a competitor for the dollar, it's really a competitor...
Space Dust
:
gold can not be destroyed, fire may melt it, but it is still shiny and easy to recover. it has many industrial uses. Also medical uses exist for gold. along with things we may not know. if you bury it, it can still be dug up. it's waterproof also. other than all that, it's just like gold.
EZ_money
:
mining companies always lag after gold because they yet to have reported production and profits. same as silver. always starts with gold and then money will shift to other related assets
Buying$iShares 20+ Year Treasury Bond ETF (TLT.US)$is part of my strategy during impending Fed interest rate cuts. TLT holds long-term Treasury bonds, which typically benefit from falling interest rates. When the Fed cuts rates, yields on newly issued bonds tend to decrease, making existing bonds with higher yields more attractive. This can drive up the prices of long-term bonds like those in TLT, potentially leading to possible gains. A...
When the spit hit the fan, gold held up better than Bitcoin. Bitcoin may or may not be a better investment. However, it is clearly not a better store of value. I remain long actual physical gold as well as the SPDR Gold Shares (GLD) and the Goldman Sachs Physical Gold Fund (AAAU).
Griffon
:
I got PHYS. Gold can crash with the markets but recovers quicker. Tho' this time with the crazy US admin. dunno if it would crash as much as in the past.
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This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data. U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data.
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Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data. Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data.
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Goldman Sachs Physical Gold ETF Stock Discussion
$Amazon (AMZN.US)$
$Amazon (AMZN.US)$
$SIMEPROP (5288.MY)$
A...
$Goldman Sachs Physical Gold ETF (AAAU.US)$
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