Silver Achieves Major Milestone, Outpacing Gold's Gains
Silver, often overshadowed by gold, has recently gained significant investor interest by breaking a key resistance level of $30 per ounce for the first time in over a decade. Despite a slight selloff, silver’s performance is reminiscent of past bull runs, outpacing gold in percentage gains with a 44.6% surge from its February low compared […]
Treasury Yields Remain High Amid Growing U.S. Debt Concerns
Bond industry leaders warn that the rising U.S. debt load poses significant risks to the Treasury market, with sustained high long-term Treasury yields and an unlikely prospect of spending cuts or tax increases, regardless of the upcoming presidential election results. The U.S. debt has grown to $27 trillion, with projections reaching $48 trillion by 2034, […]
Gold ETF Surge: A Conversation with State Street’s Expert
Gold prices have surged, making the metal a key focus at last week’s Alternatives Symposium. State Street, a leader in gold ETFs, offers the SPDR Gold Shares (GLD) and the SPDR Gold MiniShares Trust (GLDM), both up about 14% this year, with GLDM attracting significant inflows. I interviewed George Milling-Stanley, State Street’s chief gold strategist, […]
Gold Defies Market Trends as Investors Flock to the Metal
In 2024, gold prices have surged to record highs, defying traditional market correlations with the U.S. dollar and equity markets. This surge has driven increased physical gold transactions, with strong demand from central banks and continuous buying from China. In the U.S., investors are purchasing gold from various sources, including popular retail chains like Costco. […]
Renters And Owners Live In Separate Economies
Renters And Owners Live In Separate Economies Commentary by Peter St Onge via The Epoch Times (emphasis ours), (Rashevskyi Viacheslav/Shutterstock) It turns out renters and homeowners are living in two entirely different economies, at least according to a new study by the Federal Reserve—which, ironically enough, made it happen. In short, renters are in dire straits […]
Gunman Captured After Attack, Lengthy Shootout At US Embassy In Beirut
Gunman Captured After Attack, Lengthy Shootout At US Embassy In Beirut The American Embassy in the Lebanese capital of Beirut has come under attack Wednesday, and a gunman has been shot by Lebanese security forces after the armed man fired at the embassy. At least one embassy security guard was injured. The badly wounded suspect was taken […]
US Targets Journalists Who Criticize Administration’s Foreign Policy
US Targets Journalists Who Criticize Administration’s Foreign Policy Authored by Dennis Kucinich Scott Ritter was pulled off a NY-to-Istanbul flight on Monday by US officials and his passport confiscated in a startling new development in the government’s open drive to censor and silence critics of the Administration’s foreign policies at a time when the United […]
“Buy Everything”: S&P Hits All Time High As Nvidia Passes $3 Trillion
“Buy Everything”: S&P Hits All Time High As Nvidia Passes $3 Trillion Remember when “developed world” central banks pretended their inflation target was 2%? Well, that lie died a miserable death today – and will do so again for good measure tomorrow – after the BOC cut rates for the first time in 4 years, […]
Visualizing The Training Costs Of AI Models Over Time
Visualizing The Training Costs Of AI Models Over Time Training advanced AI models like OpenAI’s ChatGPT and Google’s Gemini Ultra requires millions of dollars, with costs escalating rapidly. As computational demands increase, the expenses for the computing power necessary to train them are soaring. In response, AI companies are rethinking how they train generative AI systems. In […]
RNC Making Backup Plans For Presidential Nomination If Trump Sentenced To Prison
RNC Making Backup Plans For Presidential Nomination If Trump Sentenced To Prison Authored by Tom Ozimek via The Epoch Times (emphasis ours), With former President Donald Trump facing the possibility of being sentenced to prison just days before the Republican National Convention, GOP officials are formulating backup plans in case the former president isn’t able […]