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The price of Bitcoin surged to an all-time high of $48,000, after Tesla, revealed that it had purchased $1.5 billion of the cryptocurrency. In its annual 10-K regulatory filing with the Securities and Exchange Commission (SEC), the electric automaker revealed that it had stockpiled Bitcoin as part of its investment strategy. In the regulatory filing, Tesla divulged that it now held digital assets subject to market volatility: “We hold and may acquire digital assets that may be subject to volatile market prices, impairment and unique risks of loss. In January 2021, we updated our investment policy to provide us with… Read More

Analysts at Germany’s Commerzbank have a bullish forecast for silver in 2021, according to their recently released outlook for precious metals report. The bank’s analysts foresee silver outperforming gold as the global economy begins to recover from the COVID-19 pandemic, thus fueling the industrial demand for silver. "The arguments for a further increase in the silver price are, in our opinion, overwhelming. The flood of cheap money is likely to lift not only gold but also silver, which also still has catchup potential compared to gold. Recovery of the economy should also boost industrial demand. We, therefore, expect silver to… Read More

Gold Prices The start of the week saw gold prices reclaim the $1,700 level after hitting support levels late last week.  The precious metal was also aided by crashing crude oil prices and continuing concerns regarding coronavirus-induced damage to the economy. Gold hit its lowest point since April 9 at the end of last week due to reports of new treatments for COVID-19.  The price was back to approaching $1,700 by midday Monday though, hitting $1,692, with futures also climbing to $1,709. That could just be the beginning of a continued upswing for precious metal investors however, with TD Securities… Read More

Written by Amine Rahal Amine is a tech entrepreneur and writer. He is currently the CMO at Regal Assets and CEO at IronMonk Solutions. (Originally posted at Forbes.) If you’re a business owner with a Google My Business (GMB) listing, there are a few steps to take when responding to a crisis. In fact, the search engine giant has listed a few key pieces of advice if your community has been affected by the novel coronavirus and COVID-19. To keep your SEO performance at its best, it’s important that you adopt these recommendations as soon as possible. And if you aren’t optimizing… Read More

You may have heard of the "60/40" rule for retirement accounts.  In the past, conservative brokers have traditionally recommended putting 60% of your assets in stocks and 40% in bonds. Just take a look at how that advice is playing out in today's economic climate.  If you are continuing to follow the 60/40 rule, think again. Bond yields have seen an alarming plunge and stocks are still near all-time highs, even with dips caused by the coronavirus panic.  Volatility levels have been rising and are showing no signs of slowing down as the world braces for an inevitable recession. Not… Read More