#singapore etfs to buy

[spacefreestudy]

Navigating the Seas of Opportunity: Understanding the Commodity Market

In the vast ocean of global finance, the commodity market stands out as a unique and indispensable entity. Comprising a diverse array of raw materials and primary goods, ranging from precious metals like gold and silver to agricultural products like wheat and coffee, the commodity market serves as the bedrock of our modern economy. This article aims to delve into the intricacies of the commodity market, exploring its functions, dynamics, and significance in the broader financial landscape.

Understanding the Basics:

At its core, the commodity market facilitates the trading of tangible goods, often referred to as commodities. These goods can be categorized into several broad groups, including energy (crude oil, natural gas), metals (gold, silver, copper), agricultural products (corn, wheat, soybeans), and livestock (cattle, pork). Unlike financial assets such as stocks or bonds, commodities are physical assets with intrinsic value derived from their utility and scarcity.

Market Participants:

A diverse range of participants engages in the commodity market, each with distinct motives and strategies. Producers, such as farmers and mining companies, utilize the market to hedge against price fluctuations and secure future revenues by entering into futures contracts. Speculators, on the other hand, seek to profit from short-term price movements, capitalizing on supply and demand imbalances and macroeconomic trends. Additionally, consumers and end-users, such as manufacturers and energy companies, utilize the market to manage input costs and mitigate risks associated with price volatility.

Market Instruments:

The commodity market offers various instruments for trading and risk management, with futures contracts being the most prevalent. Futures contracts enable market participants to buy or sell a specified quantity of a commodity at a predetermined price and date in the future. These contracts serve as vital risk management tools, allowing producers and consumers to protect themselves against adverse price movements. Options contracts, exchange-traded funds (ETFs), and commodity indices are other commonly traded instruments that provide exposure to commodity price movements.

Factors Influencing Prices:

Commodity prices are influenced by a myriad of factors, including supply and demand dynamics, geopolitical events, weather patterns, technological advancements, and macroeconomic indicators. Supply disruptions, such as natural disasters or geopolitical conflicts, can lead to sudden price spikes, while changes in global economic conditions and monetary policies can affect demand levels and inflation expectations, thereby impacting commodity prices.

Globalization and Interconnectivity:

In an era of increasing globalization, the commodity market is highly interconnected with other financial markets, including equities, currencies, and bonds. Economic developments in one region can have ripple effects across commodity markets worldwide, as demonstrated by the impact of China's economic growth on global demand for industrial metals and energy commodities. Additionally, the emergence of commodity trading hubs, such as Chicago, London, and Singapore, has facilitated the seamless exchange of commodities on a global scale.

Challenges and Risks:

Despite its importance, the commodity market is not without challenges and risks. Price volatility, geopolitical instability, regulatory changes, and environmental concerns are among the key challenges facing market participants. Moreover, the increasing finalization of commodities, characterized by the influx of speculative capital into the market, has raised questions about market integrity and price discovery.

Conclusion:

The commodity market occupies a central position in the global economy, serving as a vital conduit for the exchange of essential goods and resources. Its function as a price discovery mechanism and risk management tool is essential for ensuring stability and efficiency in various industries. As the world continues to evolve, understanding the complexities of the commodity market will be crucial for investors, businesses, and policymakers alike, as they navigate the seas of opportunity in pursuit of prosperity and growth.

[market-news-24]

Bitcoin could be poised for more gains according to Standard Chartered, thanks to relaxed regulations and the prospect of US spot ETFs. The banking giant predicts further upside potential for the popular cryptocurrency. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Bitcoin has the potential for significant growth, especially with a Republican administration in the US, according to Standard Chartered. The bank believes that looser regulations and the approval of spot Bitcoin exchange-traded funds (ETFs) could benefit the cryptocurrency under a second-term Republican president like Donald Trump. In recent news, Hong Kong issuers revealed that the government has banned the sale of virtual asset-related products to mainland Chinese investors. This move has dashed hopes of mainland Chinese investors accessing spot Bitcoin and Ethereum ETFs in Hong Kong. Meanwhile, South Korea's Democratic Party, set to take power in June, has announced plans to allow spot Bitcoin ETFs within the country. This follows similar developments in Japan and Singapore, as Asia catches up with the US Market in embracing Bitcoin ETFs. From a technical analysis perspective, Bitcoin's price has been consolidating within a falling wedge pattern, indicating a potential 20% rally towards $76,116 upon breakout. Traders are advised to look for a stable break above $68,000 and a higher low on the Relative Strength Index (RSI) before entering long positions. The current bullish sentiment is reflected in indicators like the Awesome Oscillator (AO) and the volume profile. However, if bears take control, Bitcoin could drop below key support levels at $60,600 and $56,000, invalidating the bullish thesis. In such a scenario, the $52,654 level presents an attractive buying opportunity as indicated by the volume profile. Overall, with the prospects of US fiscal dominance and favorable regulatory environment, Bitcoin could see significant gains in the near future. Stay tuned for more updates on the cryptocurrency Market as developments unfold. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. What is causing Bitcoin's potential for further upside, according to Standard Chartered? Standard Chartered cited looser regulation and the introduction of US spot ETFs as factors driving Bitcoin's potential for further upside. 2. How can looser regulation impact Bitcoin's price? Looser regulation can lead to increased adoption and investment in Bitcoin, potentially driving up its price. 3. What are US spot ETFs and how do they relate to Bitcoin's potential growth? US spot ETFs are exchange-traded funds that track the price of a specific asset, such as Bitcoin. The introduction of US spot ETFs can attract more investors to Bitcoin, potentially driving its price higher. 4. Why is Standard Chartered optimistic about Bitcoin's future prospects? Standard Chartered is optimistic about Bitcoin's future prospects due to the combination of looser regulation and the introduction of US spot ETFs, which can create a favorable environment for Bitcoin's growth.

5. Should investors consider buying Bitcoin based on Standard Chartered's analysis? Investors should carefully consider their own risk tolerance and investment goals before making any decisions. While Standard Chartered's analysis may provide valuable insights, it is important to conduct thorough research and seek professional advice before investing in Bitcoin or any other asset. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);

[financialhorse]

How to buy Bitcoin or Ethereum in Singapore? Will I buy more Bitcoin or Ethereum today? (as a Singapore Investor in 2024)

  For those who haven’t been following Bitcoin (or crypto in general). Bitcoin’s price has been doing pretty well of late, both in the runup to the spot ETF approval, and especially after the ETF approval. This week alone, Bitcoin jumped from $52,000 to as high as $64,000 at one point. Unlike the previous 2021 cycle though, retail mania around Bitcoin (or crypto) seems pretty muted so far. This…

[drgohhk]

Can Malaysians buy Singapore Saving Bond (SSB)?

“Money grows on the tree of persistence.” – Japanese Proverb As a long term investor, I am very particular about asset allocation. Besides putting my money in EPF ( KWSP) voluntarily monthly to maximize to MYR100k per year, I also invest in USD denominated ETFs/bonds and SGD-denominated Singapore stocks and bonds. I don’t put my money in STI index because of its dismay performances for years.…

[troymurray]

Digifinex Labs: Spot Bitcoin ETF Cantor Fitzgerald Views It as the “Most-Important Short-Term Catalyst”

Analysts at the financial services firm Cantor Fitzgerald believe that the long-anticipated spot bitcoin exchange-traded fund (ETF) is on the cusp of becoming a reality.

According to Josh Siegler and Will Carlson from Cantor Fitzgerald, “A comprehensive surveillance-sharing agreement with a regulated market of significant size” would likely appease regulators. They believe that approval of a spot ETF would serve as a significant short-term catalyst for bitcoin’s price and, even more importantly, would mark a pivotal moment in Bitcoin’s long-term adoption and legitimization.

Cantor Fitzgerald’s analysts have described this approval as the “most-important short-term catalyst.”

Previously, the SEC had rejected several proposals due to concerns about the lack of information sharing among exchanges to prevent market manipulation. However, BlackRock, which submitted its proposal in June, has established an agreement with Coinbase to detect and address market irregularities, potentially addressing some of the SEC’s concerns.

#btc #sec #etf #digifinex #eth #btcetf

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

For more information, please visit: Official Website

[cryptofansty]

Digifinex Research: Bitcoin Value Slides 3% After BlackRock’s BTC ETF Ticker Removed from DTCC Site

Investors had been closely watching the DTCC website for any updates regarding the IBTC ticker, which sparked speculations about the imminent approval of a spot Bitcoin ETF. This speculation had contributed to Bitcoin’s recent surge from around $30,000 to over $35,000.

Data from the Chicago Mercantile Exchange (CME) highlighted a substantial increase in open interest for Bitcoin futures, reaching a historic high of $3.4 billion on the previous Monday. This surge in open interest indicated a growing interest from institutional investors.

As of the latest data, Bitcoin was trading at $33,600, still maintaining an 8% increase over the past 24 hours.

#btc #sec #etf #digifinex #eth #btcetf

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

For more information, please visit: Official Website | Telegram

[unacolclough]

Digifinex Labs: What Sparked the Surge to $35K for Bitcoin (BTC) Price

The recent surge in Bitcoin’s price to $35K can be attributed to several key developments in the cryptocurrency market. The driving force behind this surge is the legal victory achieved by Grayscale over the SEC, coupled with the SEC’s decision not to challenge the outcome. This win has intensified the push for Bitcoin ETFs.

Notably, prominent figures like Cathie Woods and Mike Novogratz, who have submitted Bitcoin ETF proposals, have reported more positive and constructive dialogues with regulatory authorities following the Grayscale court case. These signals have raised expectations of a potential batch approval or refusal of ETF proposals.

One significant development is the sudden appearance of an ETF on a stock market-related corporation, which has been highlighted as a crucial milestone in the path to government approval by a Bloomberg analyst. The Depository Trust and Clearing Corporation (DTCC), known for its close collaboration with governments worldwide, plays a key role in clearing NASDAQ trades. While this listing does not guarantee approval from U.S. regulators, it underscores BlackRock’s strong belief in the future of its proposed fund.

Furthermore, financial lawyer Scott Johnson has spotted BlackRock’s Bitcoin ETF CUSIP, along with an amendment to BlackRock’s documentation indicating that the company has already started providing seed capital for the fund. This further supports the notion that the Bitcoin ETF is gaining momentum.

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

For more information, please visit: Official Website | Telegram

[douglasstoby]

Digifinex: BlackRock’s Awaited Bitcoin ETF, iShares Bitcoin Trust (IBTC), Appears on DTCC Website

BlackRock’s much-anticipated spot Bitcoin ETF, known as the iShares Bitcoin Trust, has made its presence felt by appearing on a list maintained by the Depository Trust and Clearing Corporation (DTCC). The DTCC is recognized for its role in providing post-trade clearance, settlement, custody, and information services, according to Nasdaq.

Balchunas commented on the choice of the ticker, saying, “$IBTC may not be the most exciting ticker, especially considering the options available. However, it aligns well with BlackRock’s brand, known for its straightforward approach. This choice is arguably more suitable for gaining acceptance among affluent investors who work with wealth managers, rather than something like $HODL.”

As of now, neither DTCC nor BlackRock has responded to requests for comments regarding this development.

BlackRock’s iShares Bitcoin Trust is one of approximately 12 spot Bitcoin ETFs currently awaiting approval from the SEC. Alongside BlackRock, other asset managers such as Grayscale Investments, Fidelity, and WisdomTree have also submitted applications for spot Bitcoin ETFs.

#btc #sec #etf #digifinex #eth #btcetf

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

[bennettforster]

Digifinex: The United States is Falling Behind in the Crypto Race

Despite its reputation as a pioneer in the technological revolution, the United States is struggling to keep up with the rapidly growing crypto economy.

For those who admired the tales of individuals rising from rags to riches, the current reality is starkly different, where only the already extremely wealthy can thrive.

How did we reach this point? How did we transition from 2022, a year marked by crypto Super Bowl advertisements and celebrity endorsements, to 2023, where North America’s future in our industry remains uncertain?

Many attribute the current state of affairs to notable instances of criminal behavior, corruption, and mismanagement.

When LUNA suffered a collapse in May 2022, approximately $60 billion USD in value was erased from the digital asset space. Those who had become millionaires due to LUNA’s meteoric rise in the previous year lost everything. In November 2022, shocking revelations led to the downfall of the crypto exchange FTX and its once-celebrated founder, Sam Bankman Fried, who has been accused of intermingling funds between various ventures and grossly mishandling user assets.

The total value of digital assets plummeted to below $850 billion by December 2022, down from its peak of over $3 trillion in November 2021. As we entered 2023, we found ourselves firmly in the midst of what is now referred to as the crypto winter.

#btc #sec #etf #digifinex #eth #btcetf

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

[crynotifier]

Binance NotConnect, Coinbase Significant, PayPal Integrate and 20 Crypto Jokes

Binance NotConnect, Coinbase Significant, PayPal Integrate and 20 Crypto Jokes

This week in crypto: Kaiko found that BTC and ETH were slightly less volatile than oil as both assets continued to trade sideways, Coinbase secured approval to launch bitcoin and ether futures trading for the US customers, and Valkyrie Funds filed for an Ethereum Strategy ETF that would invest in ETH futures. Binance Connect was shut down “due to its provider closing the supporting card payments service,” and Coinbase CEO Brian Armstrong acknowledged that the surge in on-chain activities on Base revealed significant flaws in the user experience of the Coinbase app, promising to improve it, while Voyager Digital transferred $5.5 million in coins to Coinbase, igniting suspicion.

Then, Ledger announced a PayPal integration that allowed its users to buy BTC, ETH, LTC, and BCH, while PayPal said it would pause crypto buying in the UK until 2024 to comply with the new crypto marketing rules, and it launched Cryptocurrencies Hub to allow users to hold various cryptos and use them in transactions. Meanwhile, McDonald’s Singapore launched Grimace-themed soulbound NFTs, Zynga said that its first Ethereum-based NFT game Sugartown was “coming soon”, and Reddit NFTs minted on Polygon surpassed 20 million. The Met partnered with Roblox to offer a virtual experience to its younger audience, while blockchain startup Nova Labs announced a new phone plan that offers unlimited text, talk, and data at just $5 per month.

As this was happening, Microsoft and LeverFi joined forces to launch an AI-backed solution to tackle the challenges in DeFi, critics raised concern as Gitcoin announced a green-focused partnership with oil and gas giant Shell, Securitize was set to acquire the crypto investment platform Onramp Invest, BitGo raised $100 million and reached a valuation of $1.75 billion, and ZTX closed a successful $13 million seed round led by leading crypto investment firm Jump Crypto. The UK’s financial regulator approved only 13% of the total applications for registration filed by crypto companies, China’s Sichuan province targeted the metaverse industry expansion to reach $34.4 billion by 2025, and Kazakhstan was edging closer to the ‘launch’ of a CBDC.

In legal news, the prosecutors in the Sam Bankman-Fried case wanted to use Caroline Ellison’s to-do lists and notes as evidence, and former FTX exec Ryan Salame declined to testify about his involvement in an alleged illegal campaign donation scheme. Binance US sought a protective order against the renewed SEC probe, the judge approved an investment banker as a declarant in the SEC vs. Ripple legal battle, and Sotheby’s responded to the allegations made by Bored Ape investors describing them as opportunistic and baseless. Dubai’s Virtual Assets Regulatory Authority slapped 3AC co-founders with a $2.7 million fine over their OPNX project, and a judge in Singapore decided that the legal dispute between 3AC liquidators and DeFiance Capital would be heard there against the will of the liquidators. Meanwhile, crypto exchange Dasset began voluntary liquidation as it froze customer funds.

In the meantime, the Philippine police’s anti-cybercrime group released a warning to citizens on possible risks involved in cryptocurrency gaming, the US FBI seized digital assets worth $1.7 million from March to May, South Korean police stepped up their crackdown on crypto-powered drug trafficking and made 312 arrests in a wide-sweeping narcotics bust, and a Chinese local court started the trial in the case of a major Filecoin mining firm for an alleged $83.2 million pyramid scheme. Zunami Protocol confirmed a price manipulation attack on its “zStables” stablecoin pools on Curve Finance, while Base- and Linea-based SwirlLend reportedly pulled off an exit scam worth $460,000 in user deposits.

Let’s laugh at some carefully selected jokes now.

__________

Mooorning, CT!

__

Very management.

__

This is serious stuff, people. It’s not a children’s game.

Source: web3.0_memes / Instagram

__

Let’s see what CT has been up to.

__

And let’s check the markets too.

__

There’s so much happening…

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Smile. Please, smile. 

Source: cryptomeme_italia / Instagram

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Oh! Movement! There was movement! Did you see it? Why did you blink?

__

A twist on a classic.

Source: markets_crypto / Instagram

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Aproximatelly. Cca. 

Source: coin.bureau / Instagram

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Traaade…

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The since-1K hodlers are a separate category altogether.

Source: the_crypto_god1 / Instagram

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True?

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Pfft.

Source: coingape.tv / Instagram

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Look at all that ramen. The man is jail-rich.

Source: coinlivehq / Instagram

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Speaking of food.

Source: crypr0s / Instagram

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Onions will ALWAYS make you cry.

Source: CryptoCred / Twitter

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Spacious.

Source: web3.0_memes / Instagram

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Did it work?

__

And discuss.

The Information contained in or provided from or through this website is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.

New Post has been published on https://crynotifier.com/binance-notconnect-coinbase-significant-paypal-integrate-and-20-crypto-jokes-htm/

[truprosperity]

Central Banks Drive Record Demand for Gold in Q1 2023 Despite Mixed Market Conditions

World Gold Council's quarterly report on gold demand trends is shedding light on the central banks' role in driving record-high demand for gold in the first quarter of 2023. While the overall global demand for gold presents a mixed picture, the surge in demand from central banks stands out as a significant trend.

According to the report, central banks added 228 tons of gold to their reserves during the first quarter, marking the highest rate of purchases in a first quarter since data collection began in 2000. Although this rate was slower compared to recent quarters, it still indicates a continuation of the upward trend observed in 2022 when central bank gold buying reached an 11-year high.

The report emphasizes that central banks value gold for its diversification benefits, long-term store of value, and its performance during times of crisis. These factors have contributed to the increased importance placed on gold holdings by central bank institutions. It is worth noting that while buying had been concentrated in developing markets previously, more developed financial centers are now increasing their demand for gold.

The largest single buyer in the first quarter was the Monetary Authority of Singapore, adding 69 tons of gold to its reserves. The People's Bank of China added 58 tons, bringing its total gold holdings to 2,068 tons, while Turkey and India's central banks also increased their gold reserves.

The article also discusses the impact of the U.S. banking sector's turmoil and global economic uncertainty on gold demand. Following the collapse of Silicon Valley Bank and subsequent failures in the U.S. banking system, there was a noticeable spike in gold demand, driven by investors seeking a safe haven. Gold-backed exchange-traded funds (ETFs) saw significant inflows in March due to fears of systemic risk in the U.S. economy.

In terms of gold jewelry demand, Chinese consumers bought 198 tons, accounting for 41% of the global total. Demand in China rebounded as zero-Covid measures were removed, while India experienced weaker demand due to high and volatile prices. Jewelry demand was relatively flat overall, with China offsetting the decline in India.

The report also mentions the shifts in bar and coin demand. U.S. demand reached its highest quarterly level since 2010, driven by recession fears and a flight to safety amid banking turmoil. However, European demand, particularly in Germany, weakened significantly, attributed to positive real interest rates and the rise in the euro gold price.

[financialhorse]

Top 5 Stock ETFs to buy for Singapore Investors in 2023 – Which ETF would I buy?

  First off my apologies. Quite a lot of you have asked for an updated article on the best ETFs to buy for Singapore investors (the last one was from 2021). You know, for investors who don’t want to stock pick, and who just want to buy 1 ETF to get broad exposure to a country. Took a while but I finally got around to writing it. So here goes. What are the Top 5 Stock ETFs to buy for Singapore…

[albinanmuro]

Ways to invest in gold

Here we will continue to see the ways to invest, which currently are many more than the classic buying ounces or gold coins.

To those of yesteryear, we have to add all the ways that we have in modernity and that are especially linked to the digital world goldco reviews, in such a way that we can invest in gold without leaving home and without having to touch it with our hands.

Before, of course, to be able to say that you had gold you had to touch it, feel it.

 1 Invest in physical gold

Investment in gold coins

This is the most typical way to invest in the metal.

And perhaps the most advisable for those who can afford it.

With it we are buying ounces or coins in the market to keep them in a safe deposit box or secret hiding place.

This is the safest way to safeguard our capital.

In all other ways we will always be susceptible to being confiscated.

In other words, any paper contract, be it stocks, funds, ETFs, bonds, contracts, etc., can be torn up by the other party or seized by the government quite easily.

On the contrary, with the physical gold that we have buried in our grandmother's land, it is difficult for them to take it from us.

Nor can any government say that it is worthless.

At most a communist government can prohibit the sale of gold in the country, but you still have gold.

You can take the same and leave the country to another where you can sell the gold.

Sure, this is valid for the world so far.

In a completely communist world this possibility would not be valid.

In short, the way to have physical gold is the easiest to possess the metal with more security.

The problem it has is that today it does not have liquidity easily, because if you have many ounces of gold saved it is not so easy to take them to the street and sell them.

 2 Invest in gold online

The way that many people invest in gold now is through online purchases of gold and all its derivative products.

This way is much more comfortable and allows us to move our savings in a very dynamic way.

Among the online ways we have a very large variety, with many differences between the different modalities.

For all of them we will need intermediates, whether they are online brokers or companies dedicated to trading gold.

Let's see the main ones.

 3 Invest in physical gold through online stores with custody service

In these types of stores we can buy gold and have it kept by custody companies in different vaults around the world, especially in countries such as Switzerland, the United States or Singapore, among others.

We but the number of ounces that we want and with this we will have a contract according to which our gold will be guarded in one of those vaults with legal fullness.

It is a pretty good way to buy gold online since it has the advantage that we save you the trouble of custody and it is also a very liquid method.

The problem and disadvantage to owning the physical currency is that we do not have the gold in our hands.

 4 Invest in gold with futures

The gold future is one of the most popular financial instruments in the world, being traded in some leading places in the world economy, but with different contracts.

The most popular and important is the contract, the GC, which is the most liquid and followed in the world.

The operation in futures allows the use of leverage, that is, the possibility of buying a much larger amount of gold than the money we have.

For example, with $2,000 we can buy a GC contract valued at, for example, $120,000, so if gold rises 10% at that price, we will have earned $12,000.

With this you can see the financial power of this instrument.

Now, this is something that you have to leave to the professionals because investing or trading in futures is not for children.

 5 Invest in gold with CFDs

These are leveraged instruments, so even though they can be used for trading, we cannot really call it investment, but short-term trading or speculation.

This is a similar way to futures but instead of trading on official markets we are trading on markets created by brokers that follow oil prices.

The advantage of this way over futures is that the size of the contracts is much smaller.

For example, we can trade CFDs on gold as low as one ounce.

However, being a highly leveraged market, as much or more than futures, it is not recommended for those without experience, at least not using leverage.

[troymurray]

US Court Affirms Grayscale Ruling, Orders SEC to Reevaluate Spot Bitcoin ETF Application

This move was anticipated and is a standard procedure. It follows the SEC’s recent announcement that it had no plans to contest the ruling. Grayscale, in response, has submitted a fresh application for the fund, but it remains uncertain whether the SEC might attempt to reject the application on different grounds.

The mandate, issued on Monday, echoes the court’s August ruling, which examined how the SEC treated spot Bitcoin ETFs in comparison to Bitcoin futures ETFs. The court asserted that Grayscale’s proposed Bitcoin ETF shared similarities with already approved Bitcoin futures ETFs and thus should have “an equal likelihood of identifying fraudulent or manipulative activities in the Bitcoin and Bitcoin futures market,” as per the court’s verdict.

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

For more information, please visit: Official Website | Telegram

[cryptofansty]

Digifinex Labs: Bitcoin Surges Above $35,000 in a Whirlwind of Activity as ETF Enthusiasm Signals a Thaw in the Crypto Winter

BTC hasn’t reached these impressive heights since May 2022, a time when the cryptocurrency world was besieged by controversies.

This surge brought Bitcoin back to levels last witnessed in May 2022, a period marked by the turmoil surrounding Terra-Luna, Three Arrows Capital, Genesis, and FTX, which had cast a shadow of doubt on the cryptocurrency industry, with BTC plummeting to nearly $15,000, and some even questioning its survival.

However, the atmosphere has seen a notable shift, largely propelled by the anticipation of Bitcoin exchange-traded funds (ETFs). Advocates believe that these ETFs will significantly simplify the process of purchasing BTC, potentially expanding the pool of prospective investors significantly.

#btc #sec #etf #digifinex #eth #btcetf

About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.