Category: Precious Metals
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Texas Gold-Backed Token as a Gateway to Bitcoin
On November 21, Cody Harris, a Republican member of the Texas State House of Representatives, took the stage at the North American Blockchain Summit to address the development of a state-issued gold-backed digital token. In a fireside chat with David Duong, Coinbase’s Head of Institutional Research, Harris outlined the potential of this initiative to serve…
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The Gold Supply Crunch: No Significant Discoveries in Over a Decade
The past decade has not been kind to gold exploration. Despite ongoing efforts, the industry has seen a notable decline in the discovery of high-quality gold deposits. This trend, combined with projections from the latest Gold Commodity Briefing Service, suggests a challenging outlook for future gold supply. According to the report, global gold production is…
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Exclusive Gold Mine Consortium Offer: Discounted Gold Prices for High Returns
Invest Offshore is excited to present a unique opportunity for savvy investors looking to tap into the world of precious metals. An exclusive offer from a Gold Mine Consortium, which extracts over 120 tons of gold annually, is now available. What makes this offer truly enticing is that the price of gold is offered at…
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Texas Takes Steps Toward Establishing Gold-Backed Digital Currency
Texas is making significant strides toward launching a state-backed digital currency that would be tied to gold. In early 2023, lawmakers introduced bills aimed at creating a state-issued, gold-backed digital currency, a move that could have wide-reaching implications for financial markets, sound money principles, and even the future of the US dollar. Here’s a look…
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Bitcoin Decouples from Gold: A New Chapter for Crypto and Precious Metals
In recent market movements, Bitcoin has notably decoupled from Gold, signaling a shift in how these two assets are behaving relative to one another. According to a recent analysis by CryptoQuant, the prices of Bitcoin have seen a significant drop, even as Gold continues to climb, reaching record highs. This decoupling is marked by a…
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Russia’s Growing Influence in African Gold Mining and the Dubai Connection
Since 2014, Russia has been steadily expanding its presence in Africa’s gold mining sector, establishing strongholds in countries like Mali and the Central African Republic (CAR). This increased involvement coincides with Russia’s broader geopolitical ambitions on the continent and its desire to secure valuable resources. What’s even more intriguing is the connection between Russia’s African…
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Silver: The Unsung Hero Of The New Economy
Silver demand continues to surge, driven by technologies like solar power and AI. In 2023 alone, the silver market experienced a 15% supply deficit. Furthermore, the market is expected to reach a cumulative deficit of 1,093.4 million ounces from 2020 to 2024. In this graphic by Outcrop Silver, Visual Capitalist’s Bruno Venditti discusses how new mines are necessary to meet…
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Team USA Athletes Face French Tax Collectors on Medal Prizes: A Unique Offshore Tax Challenge
As the Olympic Games continue to be a global stage for athletic excellence, the athletes who compete for Team USA are often in the spotlight for their remarkable performances. However, beyond the thrill of competition and the glory of winning medals, these athletes face unique challenges, particularly when it comes to taxation. A recent development…
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Promoting 3,000KG of DRC Silver for Sale in Zambia with Guaranteed Export License
Invest Offshore is thrilled to present a unique opportunity for investors and traders in the precious metals market. We are offering 3,000KG of premium silver from the Democratic Republic of Congo (DRC), now available for sale in Zambia. This offering comes with the assurance of a legal export license, ensuring a smooth and secure transaction.…