Bitcoin vs. Gold: The Safe-Haven Debate
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Bitcoin vs. Gold: The Safe-Haven Debate

The debate between Bitcoin and gold as safe-haven assets has gained prominence, especially as Bitcoin recently surpassed the $100,000 mark, reinforcing its appeal as an alternative to traditional investments. To evaluate which asset plays the role of safe haven best, we must examine their performance and characteristics over the past decade.

The Potential Impact of a BRICS Currency on Forex Markets
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The Potential Impact of a BRICS Currency on Forex Markets

As the October 2024 BRICS summit approaches in Russia, there is growing speculation about the creation of a new BRICS currency. The introduction of a shared currency could have far-reaching implications for global forex markets, reshaping the financial landscape in ways that traders and investors must closely monitor.

Wait…a liquidity crisis in the dollar?

Wait…a liquidity crisis in the dollar?

We need look no further than Turkey to understand the potential disaster faced by countries unable to keep up with general obligations. With dwindling foreign reserves of any kind and hefty debt, the country is forced to turn to allies for help, including U.S. swap lines. With tourism effectively halted, the country faces a significant risk of defaulting on its obligations in the coming months.