Gold vs Bitcoin: Why 2025's Smart Money is Betting on Both
As both gold and bitcoin reach record highs in 2024, a growing number of investment experts suggest including both assets in portfolios for enhanced diversification. While sharing some characteristics as alternative investments, their distinct behaviors and risk profiles make them complementary rather than competitive assets. BlackRock recommends up to 2% bitcoin allocation in traditional portfolios, […]
Mali Seizes $245M in Gold from Barrick Mine in Escalating Ownership Battle
Mali’s government has seized three tons of gold worth $245 million from Barrick Gold’s Loulo-Gounkoto mine amid an escalating ownership dispute. The seizure, following the arrest of company executives and a warrant for CEO Mark Bristow, has forced Barrick to suspend operations at the mine, which produces 14% of its global output. The conflict stems […]
TSMC’s Outlook Beats Estimates; Goldman Tells Clients Puts Cheap, Citing “Potential De-Gross Sell-Off Risk In Q1”
TSMC’s Outlook Beats Estimates; Goldman Tells Clients Puts Cheap, Citing “Potential De-Gross Sell-Off Risk In Q1” Shares of Taiwan Semiconductor Manufacturing (TSMC) trading in New York climbed as much as 7.5% in premarket trading after the chipmaker, the leading supplier for Apple and Nvidia, issued 2025 sales and capital expenditure forecasts that topped Bloomberg Consensus estimates. […]
Ahead Of Potential Ban, Goldman Finds “TikTok Refugees” Worldwide Downloading This App
Ahead Of Potential Ban, Goldman Finds “TikTok Refugees” Worldwide Downloading This App With four days remaining until TikTok is either sold or banned in the United States, hundreds of thousands of users have gravitated toward a Chinese app called RedNote, which some users call “China’s TikTok.” On Wednesday morning, RedNote was the top free-to-download app on […]
Education Department Cancels Another $4.2 Billion In Student Loan Debt
Education Department Cancels Another $4.2 Billion In Student Loan Debt Authored by Bill Pan via The Epoch Times (emphasis ours), In the final days of his term, President Joe Biden announced the cancellation of federal student loan debt for more than 150,000 more borrowers. US President Joe Biden speaks about student loan relief at Madison […]
Goldman Doubles Q4 Profits as Strategy Shift Pays Off
Goldman Sachs doubled its fourth-quarter profits to $4.1 billion, driven by record equity trading performance and strong investment banking results. The bank’s shares rose 2% as it exceeded most targets, with revenue reaching $13.87 billion and return on equity jumping to 14.6%. The successful quarter caps a year that saw Goldman’s stock rise 48%, making […]
Gold Prices Rise as Markets Eye Critical U.S. Inflation Report
Gold prices gained momentum as both the U.S. dollar index and Treasury yields retreated, with spot prices rising 0.4% to $2,687.59 per ounce and futures climbing over 1% to $2,710.00. Markets are particularly focused on upcoming CPI data, expected to show annual inflation increasing to 2.9% from November’s 2.7%. According to Saxo Bank’s Ole Hansen, […]
Gold Rallies 1.1% on Inflation Data; Analysts Eye $3,000 Target
Gold futures advanced 1.1% to $2,711.90 per troy ounce, building on momentum from Tuesday’s soft PPI data and benefiting from dollar weakness. The December CPI reading of 2.9%, up from November’s 2.7%, aligned with market expectations and moderately strengthened the case for Federal Reserve monetary easing. While this development enhanced the appeal of non-interest-bearing bullion, […]
2025: The Year The Federal Debt Bubble Bursts
2025: The Year The Federal Debt Bubble Bursts Authored by Nick Giambruno via InternationalMan.com, I expect 2025 to be a year of profound transformation, where old paradigms are rendered obsolete. While nothing is certain, I think we can count on radical changes in 2025. Navigating new paradigms in finance, geopolitics, and energy will be crucial […]
American Airlines Mismanaged Employees’ Retirement Funds By Investing In ESG, Court Rules
American Airlines Mismanaged Employees’ Retirement Funds By Investing In ESG, Court Rules Authored by Naveen Athrappully via The Epoch Times (emphasis ours), A district court has ruled that American Airlines failed to prioritize the financial interests of its employees’ retirement funds by enabling fund managers to pursue environmental, social, and governance (ESG) investments. An American […]