One of the most widely discussed metals is Gold and many people look at the news due to its outstanding role in both the investment and consumer world. Its value as a commodity has been increasing since the past decade. Even during the times of kings and kingdoms, the prosperity of that kingdom was directly [...]
The U.S. dollar is the world reserve currency and one of the strongest currencies in the world but, it is not the strongest currency in the world. The strongest currency in the world is the Kuwaiti Dinar. Also, contrary to what most people think, the British Pound is not the strongest currency today; however, it is [...]
Most of the world’s gold is refined in Switzerland and gold accounts for around 20% of Swiss exports. This close relationship to gold means that the CHF moves quite closely with gold. It is not a secret on the Forex market that the Swiss Franc is highly correlated with the gold price. In fact, according [...]
What are Bitcoin ETFs? Bitcoin ETFs are the exchange-traded funds that track the value of Bitcoin and trade on traditional market exchanges rather than cryptocurrency exchanges. Thus allowing the investors to invest in bitcoin without having to go through the hassle of using a cryptocurrency exchange while providing leverage to its price. With an ETF, [...]