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Gold vs. Bitcoin

February 29 2024

►Currently, 1 kilogram of gold is equivalent to 1.048 Bitcoin. A drop in this ratio could mean that it becomes more attractive for Bitcoin owners to exchange their digital currency for gold - as gold, expressed in Bitcoin, becomes cheaper.
►At GoldRepublic, we note that some of our customers are gradually exchanging their gains from cryptocurrency, mainly Bitcoin, for gold to balance their portfolios.
►The situation in the physical silver market in 2023 can be summarized as follows: a

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Banking crisis flares up

February 22 2024

►In the largest US banks, bad loans for commercial real estate have exceeded loss reserves, mainly due to a sharp increase in arrears for offices, shopping centers and other properties.
►Comparing 2005-2006 to 2023: Banks bankrupt & realized losses
►The banking crisis may offer opportunities for precious metals

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The US has no choice…

February 15 2024

►On Feb. 13, it came out that the US inflation rate for January was 3.1%, slightly higher than the expected 2.9%.
►Bitcoin just touched the $52,000 mark and now has a total market cap (market capitalization) of $1 trillion!
►Germany has overtaken Japan as the third largest economy in the... »

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Déjà Vu Banking Crisis 2023

February 8 2024

►Aozora Bank Ltd., the 16th largest bank in Japan by market value, surprised investors with an announcement of an expected net loss of $191 million.
►Credit rating agency Moody's has since downgraded the credit status of New York Community Bank to 'junk,' indicating a high risk of bankruptcy.
►The problems in the US commercial real estate market - which have already affected banks in New York and Japan - have reached Europe this week, raising concerns about wider contagion risks.... »

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