Goldman Reports Record Equity Trading Revenue, Misses In FICC and iBanking, Losses On Investments
Goldman Reports Record Equity Trading Revenue, Misses In FICC and iBanking, Losses On Investments On Friday, when looking at the earnings of the largest US bank, we said that while JPMorgan reported both revenue and earnings that beat estimates, it was JPMorgan’s record trading revenue that stole the show: yes, yet again the recent market […]
Intel To Sell 51% Of Altera To Silver Lake In $8.75 Billion Deal As Turnaround Accelerates
Intel To Sell 51% Of Altera To Silver Lake In $8.75 Billion Deal As Turnaround Accelerates Intel has reached a definitive agreement to sell a 51% stake in its programmable chip unit, Altera, to Silver Lake Management for $8.75 billion, marking the latest step in its ongoing turnaround strategy. The transaction aims to reduce Intel’s expenses and […]
When Gold Doubled in 42 Days
Has the precious metals bull run left you behind, or is your real opportunity just beginning? Mike Maloney and Alan Hibbard just released an eye-opening analysis comparing today’s gold market to the explosive 1970s bull run — when gold prices more than doubled in just 42 days. Their surprising conclusion?…
Goldman Sachs: Gold to Hit $3,700 by End-2025 as Safe Haven Demand Grows
Goldman Sachs has increased its gold price forecast for the end of 2025 to $3,700 per ounce, up from its previous prediction of $3,300. The bank cites higher-than-expected demand from central banks and increased ETF inflows driven by recession concerns. Goldman notes that if a recession occurs, gold prices could…
In Crazy Times Gold Ain’t So Crazy
MBA is out of product, so their leaning on the central bank of London. There a different ways to look at it, as throughout the years, central banks have bought gold & silver. More talk on this in this week’s episode. Read More
Trump Orders Military To Seal Southern Border As US Accelerates Hemispheric Defense
Trump Orders Military To Seal Southern Border As US Accelerates Hemispheric Defense Days after NBC reported that the Trump administration had considered launching drone strikes on drug cartels in Mexico, President Trump issued a memorandum Friday night to the heads of four federal departments, expanding the U.S. military’s role in securing the southern border in accordance […]
Last Gasp Of The Landfill Economy
Last Gasp Of The Landfill Economy Authored by Charles Hugh Smith via OfTwoMinds blog, It seems we’re supposed to mourn the last gasp of The Landfill Economy. Perhaps we should celebrate its demise. Globalization’s great gift wasn’t low prices–it was the collapse of durability, transforming the global economy into a Landfill Economy of shoddy products made of low-cost […]
Gold Posts Strongest Three-Day Gain Since 2020
Gold prices have surged over 8% in the past three days, marking the largest three-day rally since March 2020, as investors seek safety amid market turbulence caused by global trade war concerns. While traditional safe havens like the US dollar and Treasury bonds declined this week, gold has continued to…
The Asymmetric Gold Trade
The Asymmetric Gold Trade Authored by Jim Rickards via Investors Daily, Gold has reached a new all-time high, surpassing $3,200 per ounce. I anticipate it could climb even higher in the near future. Gold’s going up against the dollar, meaning it takes more dollars to buy an ounce of gold. If you’re long dollars and […]
Safe Haven Rush: Gold Breaks $3,200 Barrier Amid Tariff Chaos
Gold prices reached an unprecedented high exceeding $3,200 an ounce, climbing as much as 1.9% to $3,237.89 on Friday and continuing a weekly increase of about 6%. This surge highlights gold’s status as a financial safe haven during economic uncertainty. The primary driver has been President Trump’s inconsistent tariff policies,…