Argentine Energy Companies Issue US Debt As Milei’s Favor Grows On Wall Street
Argentine Energy Companies Issue US Debt As Milei’s Favor Grows On Wall Street Confidence in Argentina, and its economy, looks to be picking up steam. So much so that Argentine energy companies are tapping U.S. debt markets, according to Bloomberg. Shale driller Vista Energy raised $600 million in its first foreign bond sale, while Pampa […]
Looking Back at 2024 Gold Price Predictions
In 2024, even the gold bulls weren’t bullish enough. See which analysts came closest. Plus a first look at the 2025 gold price predictions
In “Last Hurrah”, Credit Card Debt Explodes Higher Despite Record High APRs As Savings Rate Craters
In “Last Hurrah”, Credit Card Debt Explodes Higher Despite Record High APRs As Savings Rate Craters One month ago, when multiple discount retailers (here and here) were lamenting the sudden collapse in US consumer purchasing power, we highlighted the reason this unexpected hit to US consumption: as the US personal savings rate had collapsed, the […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
US Jobs Data in Focus as Gold Prices Hover Near Record Highs
Gold prices remain stable as investors anticipate the release of the US nonfarm payrolls report, which could influence the Federal Reserve’s interest rate decisions. Strong labor data might discourage aggressive rate cuts, potentially impacting gold prices. Despite recent fluctuations, gold has seen significant gains in 2024, supported by rate cut expectations and central bank purchases.
Foldable iPhone In 2026? Goldman Reveals Tri-Fold & Quad-Fold Phone Patent Leaders
Foldable iPhone In 2026? Goldman Reveals Tri-Fold & Quad-Fold Phone Patent Leaders The foldable phone market has yet to go mainstream. One question we have is when Apple will release its first foldable phone, which is rumored to feature a book-style design. Meanwhile, Huawei has already unveiled the world’s first tri-fold smartphone, the Mate XT. […]
INCREMENTUM Shares Monthly Gold Compass – December 2024
Incrementum has released its December 2024 Gold Compass report, offering a comprehensive analysis of the gold sector. Co-authored by Ronald-Peter Stöferle and Mark J. Valek, the report examines key factors influencing gold, including real interest rates, debt, and inflation, providing investors with valuable insights into the precious metals market.
Macquarie Bullish on Gold: $3,000 Target for 2025
Macquarie Group forecasts gold to reach new heights in 2025, potentially challenging $3,000 an ounce. Analysts cite Fed rate cuts, central bank buying, and possible Chinese demand as key drivers. Despite a potential struggle in Q1 due to a strong dollar, gold is expected to rally thereafter, with ETF holdings showing room for growth.
Missouri Bill Would Ban CBDCs, Make Gold & Silver Legal Tender
Missouri Bill Would Ban CBDCs, Make Gold & Silver Legal Tender Authored by Derek Andersen via CoinTelegraph.com, Attempts continue in the US state of Missouri to prohibit the potential use of central bank digital currencies (CBDCs). The state has seen several bills this year to stave off the digital currency, which does not currently exist […]
Why More Middle Income Americans Are Struggling to Save Money
Why More Middle Income Americans Are Struggling to Save Money Authored by Autumn Spredemann via The Epoch Times, Reduced inflation and wage increases haven’t stemmed the economic struggles of middle-class Americans. In fact, some middle-income earners say it’s harder than ever to put money away in savings. Many ascribe this to stagnant wages and higher […]