24.10.23

Turkish State Aerospace HQ Attacked: Explosion & Gunfire At Ankara Complex

Turkish State Aerospace HQ Attacked: Explosion & Gunfire At Ankara Complex A state Turkish aerospace and defense company in Ankara has come under apparent attack on Wednesday, with a large explosion followed by gunfire heard at a complex in the country’s capital. The site has been identified as the Turkish Aerospace Industries (TAI) facility in Kazan […]

24.10.23

Saylor’s Comments On Bitcoin Custody Are “Batshit Insane” – Buterin

Saylor’s Comments On Bitcoin Custody Are “Batshit Insane” – Buterin Authored by Martin Young via CoinTelegraph.com, MicroStrategy founder Michael Saylor’s suggestion that crypto users should use big banks to custody Bitcoin is “batshit insane,” Ethereum co-founder Vitalik Buterin said, adding to a growing backlash from the crypto community.  “I’ll happily say that I think Saylor’s […]

24.10.23

US Existing Home Sales Slump To Lowest Since 2010

US Existing Home Sales Slump To Lowest Since 2010 Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% MoM drop, but still left existing home sales down 3.5% YoY… Source: Bloomberg Total sales SAAR dropped to […]

24.10.23

Bank of Canada Slashes Rates For 4th Straight Month In Biggest Rate Cut Since Covid

Bank of Canada Slashes Rates For 4th Straight Month In Biggest Rate Cut Since Covid In keeping up with the global easing frenzy, and also in keeping with its promises from last month when it said to “expects further cuts”, moments ago the Bank of Canada – home of what may be the world’s biggest […]

24.10.23

Silver Hits 12-Year Peak — Gold Breaks $2,700

Gold prices have recently surged past the $2,700 mark. Meanwhile, silver has also reached a 12-year high, benefiting from similar market conditions and investor interest in safe assets. Despite facing resistance from higher US yields, gold’s appeal as a safe-haven asset remains strong due to ongoing uncertainty in the US economic outlook.

24.10.23

Trump Files Formal Complaint Of ‘Election Interference’ Against UK Labour Party

Trump Files Formal Complaint Of ‘Election Interference’ Against UK Labour Party Former President Donald Trump’s campaign has filed a complaint with the election commission, accusing the UK’s Labour Party of making illegal foreign campaign contributions and interfering in the 2024 presidential elections after its volunteers allegedly traveled to the United States to help campaign for […]

24.10.23

Geopolitical Risks Propel Gold to Unprecedented Peaks

Gold prices has once again surged to new record highs, driven by geopolitical tensions in the Middle East and uncertainty surrounding the upcoming U.S. presidential election. The metal reached $2,758.49 on Wednesday, reflecting investors’ flight to safety amidst fears of escalating conflicts between Israel and Iran and a tight election race in the U.S. This […]

24.10.23

Paul Tudor Jones: Bitcoin and Gold Key to Navigating Inflation

Billionaire investor Paul Tudor Jones advocates for Bitcoin, gold, and commodities as hedges against inflation in a recent CNBC interview. He predicts inevitable inflation due to current economic conditions and recommends a diversified portfolio including these assets along with Nasdaq stocks, while advising against fixed-income investments. Jones suggests that inflation could be a potential solution […]

24.10.23

Memory Inflation Warps Bond Yields

Memory Inflation Warps Bond Yields Authored by Michael Lebowitz via RealInvestmentAdvice.com, The Mayo Clinic defines Post Traumatic Stress Disorder, or PTSD, as “a mental health condition that’s caused by an extremely stressful or terrifying event — either being part of it or witnessing it.” Within the field of PTSD research is a concept called “memory inflation.” Memory […]

24.10.23

Citron Research Employee Settles Fraud Charges With SEC Over “Two Tweets”

Citron Research Employee Settles Fraud Charges With SEC Over “Two Tweets” Citron Research employee Ryan Choi settled charges with the SEC, paying more than $1.8 million, for putting out two tweets and trading around them.  The SEC said on Tuesday Choi “negligently engaged in a scheme to defraud readers of Citron Research in connection with […]

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