News

24.06.03 News

How Much Gold Do I Need To Retire? 1oz Per Month?

Discover how much gold you need to retire and maintain a basic lifestyle in this insightful video by Alan Hibbard.

24.06.03 News

Is The Economy Starting To Look More Recessionary?

Is The Economy Starting To Look More Recessionary? Authored by Simon White, Bloomberg macro strategist, The manufacturing ISM slipped lower again in May, and came in below expectations. Yields have decided to ignore the more upbeat message from the earlier PMI reading – which beat the consensus and remains above 50 – and are lower […]

24.06.03 News

Trump Joins TikTok, Sprints To 3.1 Million Followers In 24 Hours

Trump Joins TikTok, Sprints To 3.1 Million Followers In 24 Hours Belatedly tapping into a social media platform favored by younger voters, Donald Trump joined TikTok on Saturday — and amassed more than 3.1 million followers in his 24 hours — on a platform he tried to ban when president.  Trump’s inaugural post chronicled the hero’s […]

24.06.03 News

Watch: Fauci Grilled By House Over COVID-19

Watch: Fauci Grilled By House Over COVID-19 Update (1000ET): Here it is – Fauci appears before the House Select Subcommittee to answer questions regarding the COVID-19 pandemic. Highlights below: 🚨BREAKING — Fauci admits he’s been briefed ‘several times’ by the intelligence community with respect to Covid. pic.twitter.com/utClLUfJoR — Dr. Simon Goddek (@goddeketal) June 3, 2024 […]

24.06.03 News

“Geopolitical Risk Is Everywhere”

“Geopolitical Risk Is Everywhere” By Michael Every of Rabobank Two kinds of Stag Do/No-Bucks Night We are all invited to two different kinds of ‘Stag Do’ (for those in the US, Bachelor Party), which (for those in Australia) are also a ‘No-Bucks Night’. April US personal consumption income and spending data on Friday saw the […]

24.06.03 News

After Berkshire Crashes To 0, NYSE Says “Technical Issue Has Been Resolved” And All Systems Operational

After Berkshire Crashes To 0, NYSE Says “Technical Issue Has Been Resolved” And All Systems Operational Update (12:02pm ET): After a cascade of circuit breakers pushed various NYSE stocks and instantly halted trading, the Exchange said in an email that the technical issue with industrywide price bands published by the CTA SIP has been resolved […]

24.06.03 News

Watch: Trump Discusses Possibility Of Prison, Says Conviction Has Been ‘Very Hard’ On Melania

Watch: Trump Discusses Possibility Of Prison, Says Conviction Has Been ‘Very Hard’ On Melania Former President Trump told Fox News on Sunday that he would be “OK” handling a prison sentence. “I’m OK with it,” Trump told the network. “I saw one of my lawyers on television the other day saying, ‘Oh no, you don’t […]

24.06.03 News

Why People Value Worthless Paper Money

Why People Value Worthless Paper Money Via SchiffGold.com, Fiat money is intrinsically worthless and yet people still value it. Where does this value come from? Our guest commentator cites Austrian thinkers Menger and Mises. He traces the purchasing power of paper money back its historical root: real money, i.e. physical gold. The following article was originally published […]

24.06.03 News

NYSE Glitch Shows Berkshire Hathaway Down 99%, Trading Halted

A technical glitch at the New York Stock Exchange (NYSE) on Monday caused Berkshire Hathaway’s A-class shares to incorrectly appear down nearly 100%, halting trading in these shares as well as in Barrick Gold and Nuscale Power. The NYSE is investigating the issue, related to the limit up and limit down bands designed to control […]

24.06.03 News

Nvidia & Goldman See Common Theme: Next AI Trade Will Be In ‘PC Upgrade Cycle’

Nvidia & Goldman See Common Theme: Next AI Trade Will Be In ‘PC Upgrade Cycle’ The decline in personal computer sales may end as soon as next year as consumers will be enticed to upgrade their legacy Covid-era PCs. The introduction of PCs equipped with fancy new AI chips, capable of running as digital assistants in the […]