Did gold and silver just experience a blow-off top, or do they have more room to run? Lobo Tiggre, CEO of IndependentSpeculator.com, shares his thoughts on what’s going on with the precious metals, and how investors may want to position. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared ...
Statistics Canada released November’s gross domestic product (GDP) data on Friday (January 30). The numbers show that the economy remained flat overall with the prior month, following a 0.3 percent decline in October. The goods-producing industries fell by 0.3 percent in November, weighed down by a 1.3 percent contraction in manufacturing and a 2.1 percent decline in wholesale trade amid ...
Gold and silver are wrapping up a record-setting week once again. Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to smash through US$5,500. Silver was no slouch either. After hitting ...
U.S. President Donald Trump has indicated that his Federal Reserve chair pick, Kevin Warsh, is open to making Fed rate cuts. Bitcoin climbed following the president’s statement as market participants weigh whether Warsh will make a dovish pivot. Trump Signals Warsh Open To Fed Rate Cuts Speaking during the signing of some executive orders, the The post Fed Rate Cut: ...
Expert Predicts MSTR Stock Drop to $120 as Peter Schiff Criticizes Michael Saylor’s Bitcoin Strategy
MSTR stock is facing bearish sentiment, with several market analysts projecting a further decline amid Bitcoin’s crash to new yearly lows. At the same time, renowned economist Peter Schiff has again criticized Michael Saylor’s decision to adopt a Bitcoin strategy for his firm instead of buying gold. Analyst Identifies Bearish Chart Set Up for MSTR The post Expert Predicts MSTR ...
A conflict between Coinbase CEO Brian Armstrong and JPMorgan CEO Jamie Dimon has brought the CLARITY Act back into the spotlight. The confrontation occurred in the meetings at the World Economic Forum in Davos. Meanwhile, new details have emerged about who will attend the planned White House meeting of banking and crypto executives. CLARITY Act The post CLARITY Act: Coinbase’s ...
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll ...
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. ‘The reductions we are making today will impact approximately 16,000 roles across Amazon, and we’re again working hard to support everyone whose role is impacted,’ Beth Galetti, Amazon’s senior vice president of people experience and technology, said in ...
Trinity Rodman was determined to get her United States Women’s National Team coach Emma Hayes to celebrate with her. No matter how much Hayes refused, the star forward was determined. ‘She tries to act like she doesn’t like attention. And I told her, I literally said this to her. I was like, ‘You love it. You would do it,” Rodman ...
Alex Freeman has joined La Liga side Villarreal in a transfer from MLS side Orlando City, both clubs confirmed Thursday. The U.S. men’s national team right back will move for around $4 million with another $3 million in possible add-ons, per multiple reports. He has signed a contract with Villarreal through June 2032. Orlando City will also retain a sell-on ...
Tennessee’s Attorney General, who helped sue the NCAA to allow unlimited annual transfers, now calls the unrestricted portal a ‘train wreck.’ The lawsuit, joined by other states, successfully argued that NCAA transfer restrictions illegally limited athletes’ earning potential. Despite the ensuing chaos, the attorney general does not regret the lawsuit, stating it was necessary to dismantle an illegal system. One ...
As massive capital flows into the life science sector, two distinct, and potentially opposing, strategic directions have emerged. While NVIDIA (NASDAQ:NVDA) is expanding its healthcare presence through a US$1 billion deal with Eli Lilly and Company (NYSE:LLY), Twin Health’s metabolic AI uses digital twins alongside device-driven biometrics to reverse chronic disease, a shift with the potential to render some medications, ...