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American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’

American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U. S. dollar will “crash faster and harder. ” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should “expect the dollar to plunge by as much as 35 percent next […] The post American Economist Stephen Roach: ‘U. дальше »

2020-10-1 22:30


US Dollar Will Crash “Faster and Harder,” Says Pro-Bitcoin Economist

A recent sharp pullback move in the US dollar market is insufficient to log a full-fledged upside breakout. So says Stephen Roach, the former chairman of Morgan Stanley Asia. The pro-Bitcoin economist wrote in an op-ed that the US dollar could fall by as much as 35 percent by the end of 2021 due to strengthening foreign currencies, rapid macroeconomic imbalances in the US, and the end of the American hegemony over global reserve assets. […] дальше »

2020-9-29 11:16


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Free Market Family: Goldbug Peter Schiff Asks the Bitcoin Community to Gift Crypto to His Son

The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value. ” However, on Thursday Schiff asked the crypto community to give some bitcoin to his 18-year old son Spencer for his birthday and explained that his son “won’t lose his” wallet. дальше »

2020-8-29 05:00


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Peter “Bitcoin Has No Real Value” Schiff Strikes back

Peter McCormack interviews financial commentator, economist, and gold bug Peter Schiff. It’s no surprise that after an hour and twenty minutes of debate, Schiff still doesn’t like bitcoin. Additionally, Peter rattles on about the relationship between bitcoin and gold, the properties of sound money, and why Bitcoin should not be a store of value. дальше »

2020-7-19 20:44


Bitcoin Triggers First Sell Signal Since Last Month While S&P 500 Moves Closer to ATH

Today, the markets have been extending the losses from yesterday. Not just bitcoin but stocks also started by incurring losses despite better than expected retail sales and stable unemployment data, but as economist and trader Alex Kruger said, “the market has stopped reacting to it in the past few weeks.” What has been affecting the […] дальше »

2020-7-17 15:36


Economist: Bitcoin Remains a “Risk On” Asset After Reacting to Payroll Data

Bitcoin saw some slight turbulence over the past few days, with its price rallying as high as $9,300 before facing a rejection that caused it to slide beneath $9,000 for a brief period. This volatility appeared to be directly linked to news regarding US payroll numbers, signaling that the cryptocurrency presently remains highly correlated to […] дальше »

2020-7-4 05:00


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Bank of England Predicts Worst Economic Crash in 300 Years for UK

The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make out where the economy stands now,” one economist […] The post Bank of England Predicts Worst Economic Crash in 300 Years for UK appeared first on Bitcoin News. дальше »

2020-5-12 23:05