News list for " Hardy"

Saxo Bank strategist John Hardy says the cryptocurrency market and gold could benefit if U.S. President-elect Trump's proposed trade tariffs prompt other countries to look for alternatives to the U.S. dollar. Tariffs would have a dire impact on global trade as it would cut off the needed supply of dollars. BRICS countries could trade using gold-backed digital currencies, among other things. Cryptostablecoins pegged to gold could also be used. Crypto markets could quadruple to more than $10 trill...

2024-12-03 11:51:20