Record Gold Prices Reshape Demand Landscape
Gold prices have reached record highs in 2024, with spot gold ending at $2,443.29 an ounce on August 2. While overall demand has increased, the surge in prices may be impacting consumer buying patterns. The World Gold Council’s quarterly report shows a significant rise in institutional investor demand, but a decline in jewelry consumption and […]
Global Markets Plunge as Economic Fear Sparks Worldwide Stock Market Rout
Global financial markets experienced a significant selloff as investors grappled with mounting concerns about the U.S. economy and other potential risks. The downturn affected stock markets worldwide, with U.S. futures, particularly the Nasdaq, showing substantial declines. Asian markets were hit hard enough to trigger circuit breakers, while European markets also saw losses, albeit less severe. […]
US Prepares To Ban Chinese EV Software With Level 3 Automation On All Roadways, Citing National Security Risks
US Prepares To Ban Chinese EV Software With Level 3 Automation On All Roadways, Citing National Security Risks If levying more than 100% tariffs on Chinese-made electric vehicles wasn’t enough, the Biden administration is now gearing up to propose a ban on Chinese software in autonomous and connected vehicles on US highways, citing national security risks. Reuters reports […]
Nvidia Reportedly Delays Next AI Chip As Shares Tank On Global Selloff
Nvidia Reportedly Delays Next AI Chip As Shares Tank On Global Selloff Nvidia shares plunged in early premarket trading in New York. The world’s most valuable chip maker is being battered by a global selloff, rising recession fears, AI bubble unwind (mid-July report: “Did The AI Bubble Just Burst, And What Happens Next”) , and reports of delays […]
New IRS Rules Create Headaches For Post-2019 IRA Inheritors
New IRS Rules Create Headaches For Post-2019 IRA Inheritors It took them four-and-a-half years, but the IRS has issued final rules governing mandatory distributions from traditional 401k’s, IRAs, and other retirement plans inherited in 2020 or later. To the great disappointment of beneficiaries and their financial planners, the agency embraced the most complex procedure possible as it […]
Scientists Develop New Compound That Kills Flesh-Eating And Other Drug-Resistant Bacteria
Scientists Develop New Compound That Kills Flesh-Eating And Other Drug-Resistant Bacteria Authored by Marina Zhang via The Epoch Times (emphasis ours), Twenty years ago, professor Fredrik Almqvist, an organic chemistry professor at Umeå University in Sweden, was asked by his collaborating researchers at Washington University in St. Louis (WashU) to design a compound that would […]
US Intelligence Claims Russian Military Is Advising Houthis Inside Yemen
US Intelligence Claims Russian Military Is Advising Houthis Inside Yemen Via Middle East Eye Russian military intelligence officers are believed to have been deployed to Yemen to assist the Iran-backed Houthis with targeting commercial vessels in the Red Sea, Middle East Eye can reveal. Members of Russia’s GRU military intelligence are operating in the Houthi-controlled territory of Yemen in an […]
UK Riots: The Agenda Becomes Clear…
UK Riots: The Agenda Becomes Clear… Authored by Kit Knightly via Off-Guardian.org, Those outside the UK might not have heard, but it’s been a violent week in the UK. Here’s a quick rundown of the official story so far: Four days ago a 17-year-old allegedly walked into a children’s “Taylor Swift dance class” (whatever that […]
PBoC’s Gold Conduit Revealed: Chinese Central Bank Did Not Stop Buying Gold In May
PBoC’s Gold Conduit Revealed: Chinese Central Bank Did Not Stop Buying Gold In May By Jan Nieuwenhuijs of Gainesville Coins This article is an analysis of how the Chinese central bank (PBoC) buys gold in London from Western bullion banks. Because the bullion banks take care of the gold transport for the PBoC, the shipments […]
Nearly Half Of Dementia Cases Could Be Prevented Or Delayed: Lancet Commission
Nearly Half Of Dementia Cases Could Be Prevented Or Delayed: Lancet Commission Authored by A.C. Daahnke via The Epoch Times (emphasis ours), An estimated 57 million people around the world are living with dementia, and that number is expected to increase to 153 million by 2050. With the increasing number of countries entering an aged […]