• Vaneck CEO Jan van Eck has predicted a bull cycle for gold and bitcoin, predicting that the Federal Reserve is close to ending their tightening. • Van Eck believes that this could be a several-year cycle, as the market worries about the consequences of Fed rate increases. • Bitcoin has outperformed all other assets…
• Michael Burry compared current banking turmoil to Panic of 1907 • Robert Kiyosaki warned of more ‚fake money‘ being injected into US economy • Credit Suisse received 50 billion Swiss franc bailout from Swiss National Bank Burry on Banking Crisis Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is…
• The Central Bank of Bolivia is selling dollars directly to citizens in response to a speculative attack and increased demand. • This is an extraordinary measure, taken to counter fears of devaluation and protect the national monetary system. • Since March 6th, more than $91 million has been allocated through the traditional currency exchange…
• HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. • Nationwide has introduced a daily card limit of 100 British pounds for Flexone accounts and 5,000 pounds for other current account types. • HSBC has prohibited customers from using its credit cards to purchase cryptocurrencies due to their high-risk nature.…