March 4, 2024The Elite's Escape Plan: Inside the Billionaire Bunker BoomRecent reports from various international media outlets have highlighted a trend among the world’s wealthiest individuals, including high-profile figures like Meta’s Mark Zuckerberg and entrepreneur Elon Musk, preparing for catastrophic scenarios by building massive bunkers stocked with food and significant quantities of gold. According to The Daily Star, Zuckerberg has initiated plans for a substantial […] READ MORE March 4, 2024Why Gold May Not Go Above $2,100 Without Rate CutsJohn Authers explains why a sustained rally for gold above $2,100 would need rate cuts. But there are increasingly sound reasons why they might not happen. READ MORE March 4, 2024Fed's Rate Cut Expectations Delayed as US Economy Proves RobustThe US economy’s resilience has led to a reassessment of expectations for interest rate cuts in 2024. Initially, after enduring prolonged inflation and increased borrowing costs for over 20 months, there was widespread anticipation among investors, economists, and Federal Reserve officials that the economy would weaken, enabling the Fed to commence rate reductions. However, the […] READ MORE March 4, 2024America Blew Almost $2 Trillion. Make It Stop: Kathryn EdwardsKathryn Edwards critiques the mismanagement of the US federal budget, highlighting the nearly $2 trillion that seems to have been wastefully spent. The article points out the routine funding disputes and debt-ceiling conflicts that risk causing defaults and shutdowns, alongside a declining credit rating for the country. Despite the government’s size, the issue isn’t its […] READ MORE March 4, 2024Pulling Gold out of E-Waste Suddenly Becomes Super-ProfitableResearchers from ETH Zurich have developed an innovative and cost-effective method for extracting high-purity gold from electronic waste (e-waste), yielding a return of $50 for every $1 invested in the process. Surprisingly, the breakthrough substance used for gold extraction was discovered in cheesemaking. This new technique not only presents a sustainable approach to recycling e-waste […] READ MORE March 4, 2024Gold Nears Two-Month High Amid Anticipation of US Rate CutGold prices remained close to a two-month high, influenced by last week’s weak U.S. economic data, which has increased expectations for the Federal Reserve to lower interest rates in June. As of midday GMT, spot gold was stable at $2,082.89 per ounce, while U.S. gold futures saw a slight decline of 0.2% to $2,091.50. The […] READ MORE March 1, 2024ZeroHedge: Questions About Gold The CFTC And Fed Won’t AnswerZeroHedge highlights longstanding concerns regarding the transparency and accuracy of the gold reserves reported by the Federal Reserve on behalf of the U.S. Treasury. Notably, these reserves have not undergone a formal, independent audit since the era of President Eisenhower, casting doubt among skeptics, including the Gold Anti-Trust Action Committee (GATA), on the actual existence […] READ MORE March 1, 2024A Close Above $2,078/oz Sets a Record High Closing Price for GoldGold prices on Friday are challenging record price setting levels with the prior closing price high of $2,078.20 an ounce. READ MORE March 1, 2024Crude Market Heats Up: WTI Climbs 3.3% as Supply-Demand Gap NarrowsOil prices climbed past $80 a barrel, continuing their upward momentum as breaking this significant threshold spurred further purchasing. West Texas Intermediate (WTI) experienced a notable increase, rising up to 3.3% and hitting its highest intraday prices since November. This uptick is reflected in crude’s time spreads—a measure of market conditions—showing a sharp rise this […] READ MORE « Previous 1 … 14 15 16 17 18 … 53 Next »
