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News & Articles By Sterling Ashworth
06/04/2026
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By Sterling Ashworth
European Central Bank: Gold Surpasses U.S. Treasuries as Global Reserve Asset
Gold has overtaken U.S. Treasuries as the world’s second-largest reserve asset held by central banks, according to a European Central Bank (ECB) report. Bullion accounted for 27% of global central bank reserve assets at the end of 2025, up from 20% a year earlier, the ECB said. In contrast, U.S. Treasuries fell to 22% from […]
06/02/2026
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By Sterling Ashworth
Gold Drops Nearly 2% as Middle East Tensions Fuel Rate Hike Expectations
Gold fell nearly 2% on Monday – testing the $4,500 per ounce level – according to market data, as renewed U.S. military strikes on Iranian sites intensified expectations that the Federal Reserve will keep interest rates elevated. Three-month futures in New York also dropped, holding just above $4,500 per ounce. Overnight, U.S. forces carried out airstrikes on […]
06/02/2026
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By Sterling Ashworth
Bitcoin ETFs Log Record Ten-Day Outflow Streak
Spot Bitcoin exchange-traded funds (ETFs) recorded net outflows for a tenth straight trading day, setting a new record for the longest withdrawal period since their launch. The outflows, which totaled $2.8 billion over the first nine days alone according to data from Farside Investors, extended into a tenth day as institutional demand for Bitcoin exposure […]
05/31/2026
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By Sterling Ashworth
Copper Tariff Trade Tightens Global Supply
Traders are once again scouring global markets for copper to ship to the United States, as renewed speculation over import tariffs widens the price spread between New York’s Comex and the London Metal Exchange (LME), according to several industry executives. The revived trade is tightening global availability of the industrial metal, with front-month Comex contracts […]
05/31/2026
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By Sterling Ashworth
Bitcoin Hash Rate Flattens as Miners Face AI Squeeze, Fidelity Report Says
Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports. A mid-year update from Fidelity Digital Assets, as summarized by third-party outlets, describes the year as one of “structural retooling,” where […]
05/29/2026
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By Sterling Ashworth
U.S. Home Prices Decline in Over Half of Major Cities, Case-Shiller Data Shows
National Home Prices Fall for Second Consecutive Month Home prices in the 20 largest U.S. cities fell 0.16% month-over-month in March, according to the S&P CoreLogic Case-Shiller Index. The decline followed a 0.1% drop in February, which was the first monthly decrease since June 2025, according to previous data [1]. Year-over-year appreciation slowed to 0.83%, […]
05/28/2026
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By Sterling Ashworth
Trump Media Transfers Bitcoin to Exchange as Unrealized Losses Reach $455 Million
Trump Media & Technology Group (Nasdaq: DJT) transferred 2,650 Bitcoin worth approximately $205 million to the exchange Crypto.com on May 22, 2026, a move widely interpreted as preparation for a potential sale, according to on-chain data from blockchain analytics firm Lookonchain. The transfer occurred in two transactions originating from wallets labeled as Trump Media accounts […]
05/25/2026
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By Sterling Ashworth
U.S. Lawmaker Introduces Bill to Codify Strategic Bitcoin Reserve
Rep. Nick Begich, Republican of Alaska, introduced legislation Thursday to permanently establish a U.S. strategic bitcoin reserve, according to a press release from his office. The bill, titled the American Reserve Modernization Act of 2026 (ARMA), is designed to codify President Donald Trump’s March 2025 executive order and give the reserve a durable legal foundation […]
05/24/2026
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By Sterling Ashworth
Rising Electricity Bills Emerge as Pivotal Issue in 2026 Midterm Elections
Average residential electricity rates increased nearly 13 percent from April 2020 to April 2025, according to the U.S. Energy Information Administration. Since President Donald Trump returned to office in January 2025, rates have climbed an additional 6 percent. The EIA projects another 6 percent increase nationwide in 2026, and economic development finance firm ICF warns […]
05/22/2026
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By Sterling Ashworth
U.K. Eases Some Russian Oil Sanctions as Fuel Prices Soar
The British government on Wednesday, May 20, waived sanctions on imports of diesel and jet fuel processed from Russian-origin crude in third countries, citing spiking fuel prices and supply security concerns, according to officials. Member of Parliament (MP) Dan Tomlinson, Exchequer Secretary to the Treasury, described the measure as “small and specific” and “time-limited,” designed […]
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