Basic Attention Token (BAT) rallied to a new record high on Nov. 26 even as global markets plunged in tandem on fears about a highly mutated variant of Covid19 detected in South Africa. BAT’s price surged over 30% on Friday to reach $1.88 for the first time in history, with its market capitalization rising to $2.74
Month: November 2021
SIDUS HEROES is the first ever WEBGL, AAA-level, Play-to-Earn, NFT and MMORPG game. The game is set in a space metaverse at a time when technological advancements have reached the level of merging with all living beings. All characters belong to one of several blockchain races and embody that chain’s strongest attributes. Dan Khomenko is
Turkey, stuffing, and cranberry jelly out of the can. Only cranberry jelly ‘fresh’ out of the can has the lines to indicate true authenticity. Thanksgiving is recognized as one of the ‘happiest’ days of the year. And, why not? For many, the elements that are thought to contribute to our happiness — family, friends, food, and fun — come
Shortly after her swearing in as Boston mayor, Michelle Wu acted on her signature campaign theme, free transit rides. Sidestepping the state-run Massachusetts Bay Transportation Authority, Wu asked the City Council to approve the use of $8 million in federal rescue funding to expand a pilot program for two more years, to backstop rides on
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – According to preliminary data, at least 52 people, including 6 rescuers, died as a result of a methane explosion at
Many investors are buying anything and are hoping that it will all work out. However… Ted Oakley on Palisades Gold Radio Tom welcomes Ted Oakley, Managing Director and Founder of Oxbow Advisors, back to the show. Ted discusses the rampant speculative activity in the stock markets. Many investors are buying anything and are hoping that
The simplified employee pension individual retirement account (SEP IRA) is a cost-effective option for small business owners who want to offer retirement benefits to their employees. The employer may also contribute to their own SEP account. As the name implies, setting up and managing a SEP IRA is streamlined compared to procedures for establishing and
How well did you keep up with the news this week? Take our quiz to find out. The UK will place six southern African countries back on its red list of travel restrictions after a surge in cases of a heavily mutated coronavirus variant caused alarm among global health officials. Travellers returning from South Africa, Botswana,
Is there still a future for the 60/40 portfolio? With inflation on the rise and stocks continuing to make steady gains, investors’ increased willingness to take on risk has left a question mark hanging over the classic investment strategy. The decade’s 20 best-performing balanced funds with an equity allocation of 50% to 70%, and at
Goldman Sachs analyst Jean Neuez upgraded UniCredit SpA (UNCFF – Research Report) to Buy yesterday and set a price target of EUR18.10. The company’s shares closed last Wednesday at $12.95. Neuez has an average return of 0.6% when recommending UniCredit SpA. According to TipRanks.com, Neuez is ranked #2150 out of 7735 analysts. UniCredit SpA has
The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.” Three German political parties agreed to a coalition deal this week that will see left-leaning Social Democrats (SDP), the Green Party and the right-friendly Free Democrats (FDP) take the reins from
Listings of apartments for sale displayed at a real estate office in Shanghai, China, on Monday, Aug. 30, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Wild swings in Chinese real estate stocks and bonds are keeping investors on edge — these news headlines could cause troubles in the sector to spill into
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the
By Kerry Hannon, Next Avenue If you want to know what prospects for the retirement security of women in America look like, you couldn’t do better than hearing what a bevy of brilliant experts said at the recent day-long virtual summit of the Women’s Institute for a Secure Retirement (WISER). I was fortunate to be a participant, where
Michigan Gov. Gretchen Whitmer signed two executive orders laying the groundwork to speed up lead service line replacement and road and bridge spending once the state begins receiving its share of the $1.2 trillion federal infrastructure package. Michigan is set to receive about $10 billion over five years from the package signed by President Biden,
Proven and Probable Mineral Reserves (“P&P”) increased 59% to 51.0 million silver equivalent ounces consisting of 12.6 million ounces of silver and 418.4 thousand ounces of gold. Average P&P grades increased 30% to 314 AgEq g/t (78 g/t silver and 2.58 g/t gold) Measured and Indicated Mineral Resources (“M&I”) increased 7% to 69.2 million silver
The big question is, what’s the cause of this dip? by Stewart Thomson of Graceland Updates 1. I’ve suggested that gold investors need to be prepared to watch gold dip below $1800 (and perhaps as low as $1566-$1450) before an enormous rally towards $3000 gets underway. 2. Please click here now. Double-click to enlarge. The dip is in play,
Keogh vs. IRA: An Overview A Keogh plan (pronounced KEE-oh), or HR10, is an employer-funded, tax-deferred retirement plan designed for unincorporated businesses or self-employed persons. Contributions to it must come from net earnings from self-employment. The term itself is outdated. The Internal Revenue Service (IRS) now calls them “qualified plans.” An individual retirement account (IRA),
The UK will place six southern African countries back on its red list of travel restrictions, after an apparent surge in cases of a heavily mutated coronavirus variant caused alarm among global health officials. Travellers returning from South Africa, Botswana, Namibia, Zimbabwe, Lesotho and Eswatini will be forced to quarantine for 10 days at a
Valuations do not matter – until they do. As the pandemic was in full swing during 2020, green energy stocks and the ETFs that hold them did incredibly well. BlackRock Inc.’s Global Clean Energy ETF (ticker ICLN) and the Invesco Solar ETF (TAN) were up 71% and 125%, respectively, before the 2020 election. When it
South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream means of payment in the not too distant future. In the “Post COVID” episode of its 24th season which aired Thursday, South Park depicted one of the show’s protagonists, Stan Marsh, paying for
Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar. “We have basically seen all indicators — prices, credit — those indicators kept increasing in Germany and you don’t really see a big effect of the pandemic,” Claudia Buch, vice-president at the
On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help with the creation of Bitcoin. The plaintiffs are
In the 2021 Retirement Confidence Survey conducted by the Employee Benefit Research Institute (EBRI) and Greenwald Research, 50% of workers and 72% of retirees say the COVID-19 pandemic has not changed their confidence in achieving a secure retirement. Still, 33% of workers and 25% of retirees say it’s made them somewhat or significantly less confident
If the Build Back Better legislation under consideration in the Senate becomes law, the cash would start to flow in late 2022 and peak in 2025. In reports released this week, Moody’s Investors Service and Fitch Ratings outlined the expected cash flow of the bill and its impact on the fiscal and economic position of
M ining group Hochshild’s shares today rebounded by more than 25% after Peru’s government reversed a ruling to shut down two of its biggest silver mines. The U-turn was welcomed by the FTSE 250-listed group’s CEO Ignacio Bustamante, who branded a move to accelerate the closure of its Inmaculada and Pallancata operations in the Andean
In another incident of deja vu, gold investors everywhere have seen their spirits crushed this week in the same old tired manner… by Craig Hemke via Sprott Money News In another incident of deja vu, gold investors everywhere have seen their spirits crushed this week in the same old tired manner The Bullion Banks have
No matter your age, you probably have a lot of questions and concerns about saving for retirement. How to save for it, what options are available, and—most importantly—how much money should you be socking away? One of the most common ways to start saving for retirement is through an employer-sponsored 401(k) plan. Many companies offer them,
After the most remarkable and chaotic day in modern Swedish political history, Magdalena Andersson — prime minister for just seven hours on Wednesday before resigning — could agree on one thing with her opponents: the country’s politics is a mess. Within one day all the tensions brewing over the past decade as a result of
Soaring inflation means Black Friday shoppers will find bargains harder to find this year. Fresh highs for equity markets mean cheap deals are also eluding investment managers. Increasingly, there are questions over whether stocks are overvalued. Remaining bulls point to the strength of earnings and growth forecasts to support their case. Pessimists believe equities are
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