The dramatic fall in gold prices has the hallmarks of a “leverage-driven break” rather than a collapse in underlying demand, predicts the CEO of one of the world’s largest independent financial advisory organisations.
Bitcoin is once again within striking distance of its all-time high, driven by a surge of buying as Trump’s tariffs on physical gold push investors toward the world’s largest cryptocurrency.
Donald Trump’s Truth Social has filed with the US Securities and Exchange Commission to launch a dual Bitcoin and Ethereum exchange-traded fund (ETF), sparking concern from one of the world’s largest independent financial advisory organisations.
Investors are revising strategies to capitalise on the potential strengthening of the pound (GBP) in the wake of a Labour victory in the UK election on July 4 and increasing political uncertainty in Europe, reports the CEO of one of the world’s largest independent financial advisory and asset management organisations. The analysis from Nigel Green of deVere comes as a Bloomberg survey on Monday suggests that a Labour win next month would be good news for the pound.
