2024 Hurricane Season Predicted To Be Particularly Active
2024 Hurricane Season Predicted To Be Particularly Active Hurricane Beryl made landfall in Texas on Monday, moving inland after having torn across the eastern Caribbean last week, killing 11 people. According to the National Hurricane Center (NHC), Beryl was a Category 1 hurricane when it reached the coast of Matagorda at 4:00 a.m. local time […]
Senile, Drooling, But Mostly Fabulous
Senile, Drooling, But Mostly Fabulous Authored by Tom Luongo via Gold, Goats, n’ Guns blog, Well, here we are. It’s a full blown panic. It is now obvious that President Biden lacks the mental faculties to carry on the office of the presidency. And the nervous mice are starting to tiptoe out on the ice […]
Panama Cracks Down On Darien Gap Migrant Trail – US To Pay For Deportations
Panama Cracks Down On Darien Gap Migrant Trail – US To Pay For Deportations Days into his first term in office, Panama’s new president has started following through on his promise to cut off a major avenue used by immigrants bent on entering the United States — the notorious Darien Gap. However, migrant smugglers are […]
Incrementum: Monthly Gold Compass July 2024
Incrementum AG’s July 2024 Gold Compass report offers investors a comprehensive analysis of the gold market, featuring over 50 detailed charts and graphs. This extensive research delves into current trends, market dynamics, and economic factors influencing gold prices. The report is an invaluable resource for understanding the complexities of the gold market and making informed […]
Economic Data Heats Up: Fed's 'Patience' Tested by Rising Unemployment
The U.S. economic landscape is at a critical juncture, with recent data potentially influencing the Federal Reserve’s decision on interest rate cuts. The unemployment rate’s unexpected rise to 4.1% in June has increased the odds of a September rate cut to 72%, up from 47% a month ago. This development brings the economy closer to […]
Novak Djokovic Is Still Being Booed Over His Campaign Against Mandatory Vaccines
Novak Djokovic Is Still Being Booed Over His Campaign Against Mandatory Vaccines Authored by Paul Joseph Watson via Modernity.news, Tennis legend Novak Djokovic is still being booed by a small section of fans at major tournaments, with speculation that part of it is driven by his stance against the mandatory COVID vaccine stretching back years. […]
U.S. Banks Face Dual Challenges: Weakening Loan Quality and Declining Interest Payments
Major U.S. banks are expected to report lower second-quarter profits due to decreased interest income and increased provisions for potential loan losses. Analysts anticipate higher risks associated with commercial and industrial (C&I) loans and commercial real estate loans, reflecting a normalization of the credit cycle. The Federal Reserve’s stress test indicates C&I loan loss rates […]
‘Not Allowed Off The Hook’: Purdue Creditors Ask Court To Sue Sackler Family Members
‘Not Allowed Off The Hook’: Purdue Creditors Ask Court To Sue Sackler Family Members Nearly two weeks after the US Supreme Court tossed out a $6 billion bankruptcy settlement agreed upon by the Sackler family to address claims that the OxyContin manufacturer fueled America’s opioid crisis, the court-appointed committee of Purdue creditors on Monday asked a […]
Gold's Summer Slump? Market Experts See Sideways Trading Before Potential Upswing
The gold market is currently experiencing choppy behavior, trading within a large consolidation area. Despite initial gains on Tuesday, the market showed signs of hesitation. Analysts expect continued fluctuations as the market seeks to find value, with potential for further short-term drops. However, long-term bullish factors remain, including central bank purchases, potential global interest rate […]
Gold Inches Higher as Markets Await Powell's Testimony and Inflation Data
Gold prices edged up slightly on Tuesday as investors await Federal Reserve Chair Jerome Powell’s testimony to Congress and the upcoming U.S. June inflation data for insights into future interest rate decisions. The market is particularly sensitive to any unexpected dovish comments from Powell, which could push gold closer to $2,400 per ounce. However, persistent […]