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Diamond News Archives

Central Bankers Sound More And More Like Ron Burgundy

Category: News Archives
Created: 03 August 2022
Hits: 1085
Diamond Buyers Club
‘Anchorman’: Despite the fact that the Fed just said it will drop its forward guidance (as well as saying that 25bps, 50bps, 75bps, and even 100bps hikes are all possible in September), yesterday saw Fed speakers give clear forward guidance that they are far from making a dovish pivot.
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Read more from our friends at Gold & Silver

Tiffany & Co Launches $50,000 CryptoPunk NFTs

Category: News Archives
Created: 03 August 2022
Hits: 1131
August 02, 22 by John Jeffay
image

(IDEX Online) - Tiffany & Co is selling limited edition pendants to owners of CryptoPunks - a set of 10,000 unique and collectible Ethereum blockchain characters.

The jeweler says it's taking NFTs  (non fungible tokens) to "the next level" by creating NFTiffs, or replicas of the virtual CryptoPunk designs.

Each one will have at least 30 stones, among them diamonds and colored gemstones.

Tiffany & Co says it will produce only 250 of the pendants, each priced at 30 ETH, equivalent to just under $50,000.

Sales of CryptoPunks since they were launched in June 2017 now totals $1.84bn. The cheapest is currently available for just under $121,000.

In April, Alexandre Arnault, executive vice president of product and communications, tweeted an image of the first Tiffany CryptoPunk (pictured) and asked his 21,000 followers to vote on whether they should produce more. Over 80 per cent said yes....

Read more from our friends at IDEX

Hedge Fund Expert Warns: This Is A 'Very Hard Market' With "Few Places To Hide' | Thomas Thornton

Category: News Archives
Created: 02 August 2022
Hits: 1081
Diamond Buyers Club
There will be few places to hide when the next down leg of the bear market begins. So cautions highly-respected former hedge funder Thomas Thornton.
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Read more from our friends at Gold & Silver

Gold Hits Near One-Month High on Dollar Weakness

Category: News Archives
Created: 01 August 2022
Hits: 1168
Diamond Buyers Club
Gold neared a one-month high on Monday on the back of a decline in the U.S. dollar, with investors awaiting economic data that could influence the path of Federal Reserve policy tightening.
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Read more from our friends at Gold & Silver

Today’s Energy Crisis Spells Disaster For The Global Economy: Gail Tverberg

Category: News Archives
Created: 01 August 2022
Hits: 1145
Diamond Buyers Club
The global economy could soon face a major crisis as GDP shrinks and the cost of energy continues to rise, leading to disastrous outcomes...
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Read more from our friends at Gold & Silver

  1. Firewood Collector Stumbles on $25,000 Diamond
  2. A Weird Recession: Mauldin Economics
  3. Weekly Market Recap: The Market Is Calling The Fed’s Bluff - Who Will Win?
  4. North Arrow Encouraged by Fancy Orange Finds in Canada

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