Asked how high gold can go, Barrick Gold (NYSE:GOLD, TSX:GOLD.TO) CEO Mark Bristow deferred and rather focused on gold’s aftermath. Bristow was interviewed by Bloomberg, and his video was published on Monday. Bristow said he is less concerned with where gold is going as opposed to where it settles. “If you look back to 1972
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Charge anyone not wearing a mask with either murder or attempted murder? Is it any wonder violence, anger, and fear is spreading even as… by Daniel McAdams and Ron Paul of Ron Paul Liberty Report A Nashville, TN councilwoman has proposed charging anyone not wearing a mask with either murder or attempted murder. Is it
The last year has a been a dispiriting ride to the bottom for investors of cannabis player Cronos Group (CRON). Over the trailing twelve months, the share price has dropped down by 59%. The decline is a far cry from early last year, when Cronos was a major beneficiary of the hype surrounding the fledgling
A Lyft logo is installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. Gene J. Puskar | AP Check out the companies making headlines after the bell: Lyft, Uber — Shares of the ride-hailing duo dipped after a San Francisco Superior Court judge ruled that they convert California drivers from independent contractors to employees
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Silver looking to outpace gold, why gold’s price gains might just be getting started, and gold is set to outperform U.S. stocks yet again. As gold searches for new records, silver is
Trump signs executive order and three memoranda as Congress fails to agree Adds a new program to replace expanded unemployment benefits of up to $400 a week. Federal student loan payments deferred, interest waived No extension of federal eviction moratorium Payroll tax deferred for employees earnings below $100K a year President Trump announced over the weekend plans
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives headlong into building a space-based global internet service. Elon Musk’s company told the Federal Communications Commission in a presentation last month that its Starlink unit
The US secret service shot a person outside the White House, President Donald Trump said, shortly after he was abruptly pulled out of a press briefing. The president told reporters on Monday that a person had been shot and taken to hospital outside the White House, but gave few other details. Mr Trump said he
US struggles with pandemic as caseload tops 5m Peter Wells in New York Total coronavirus cases in the US topped 5m on Monday as the country worst hit by Covid-19 has struggled to get the pandemic under control. Johns Hopkins University data showed that cumulative cases reached the milestone on Sunday, while the death toll
In two weeks, RBC has gained five advisors who managed a collective $472 million in client assets at their previous employers, according to the firm. This comes on the heels of RBC’s hire of an advisor in the Bay Area who managed $750 million in assets. The newest additions have joined RBC offices across the
Saving money takes time, but learning the basics about saving can take just a few minutes. Check out these bite-sized answers to 21 savings account questions (and the links to more information if you want to dig deeper). Building your banking IQ now can help you make smart money moves in the future.
Cardano (ADA) founder Charles Hoskinson recently offered to help the troubled Ethereum Classic (ETC) community, but it came with a major condition. The community would first have to institute a decentralized treasury system, similar to Hoskinson’s Cardano and many other blockchain projects. If the community did not accept his terms, Hoskinson felt like his help
This is the Louisiana State Museum and Sports Hall of Fame: Facade designed by Trahan Architects. Photo courtesy of Timothy Hursley © I had the opportunity to interview Trey Trahan, the founder of Trahan Architects in New Orleans and New York. His firm was recently ranked #1 Design Firm in the U.S. by ARCHITECT Magazine, the
New Hampshire’s governor said New Yorkers are pouring into the state due to high taxes and fear for their safety amid the Covid-19 crisis. “We’re booming,” New Hampshire Gov. Chris Sununu told CNBC. “People are coming from all across the country, especially in the Northeast. You’re in New York, you have a mayor who doesn’t
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal Reserve is completing a year-long policy review and “is expected to
By Kerri Fivecoat-Campbell, Next Avenue Contributor getty Susie Hediger, 56, who lives in Roeland Park, Kansas, worked as a cashier for a big-box lumber retailer when her governor issued a state of emergency in March due to the Covid-19 pandemic. Having been diagnosed with lung cancer in July 2019 and undergoing treatment, she wasn’t sure
Orange County, Florida, faced with almost four lost months of hotel bed tax collections, used a reserve account to bolster the sinking fund that pays debt service on bonds issued for the Orange County Convention Center. Tourist development tax collections, also known as resort, hotel, or bed taxes, were $2,629,400 in June, a 89.2% decrease
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) U.S. border patrol agents arrested a Chinese national with more than USD $28,500 in gold bars after she illegally crossed the Canada-U.S. border,
Trump, Obama, Biden, and George W. Bush, have all had their careers funded by America’s billionaires, and that’s why these politicians… by Eric Zuesse via Strategic Culture Foundation The landmark Gilens & Page study in 2014, which was the first study anywhere to examine the data to determine scientifically whether or not a given Government is a
Shares in MGM Resorts surged 14% after IAC/Interactive announced that it had accumulated a 12% stake for an aggregate of $1 billion as the internet and media company seeks to enter the online gaming market. MGM rose to $21.64 in midday trading on Monday, while IAC (IAC) dropped 1.3% to $131.31. MGM said that IAC’s
Workers do final preparations on a Kodak stand on the eve of CES in Las Vegas, Nevada on January 8, 2018. David McNew | AFP | Getty Images Check out the companies making headlines midday Monday: Kodak — Kodak shares slid more than 30% after a federal agency said its $765 million loan for the
by WSBConsensus Liquidity by asset class in August 2020 relative to annual averages since 2010. Proxies for liquidity: in US Equities (average number of contracts on the bid/offer in ES1); US HG Credit (Trace daily value as % of market outstandings); US Treasuries (average of top 3 bids and offers on Brokertec); global FX (size
An option is a financial instrument whose value is derived from an underlying asset. Purchasers of call options gain the right, but not the obligation, to buy the underlying asset (such as a stock) at a predetermined strike price on or by a predetermined expiration date. All options contracts give the holders the right, but not the obligation,
Shares of Eastman Kodak plunged more than 40% during premarket trading on Monday after a federal agency said it was reviewing a previously announced $765 million loan for the onetime photography pioneer to produce drug ingredients. “Recent allegations of wrongdoing raise serious concerns. We will not proceed any further unless these allegations are cleared,” the U.S.
When US secretary of state Mike Pompeo last month declared in a speech that China was intent on “hegemony”, it was yet another sign of how much has changed since Donald Trump wrote in a tweet in March about his “respect” for President Xi Jinping. As the pandemic has devastated the US economy, imperilling his
Shares in Eastman Kodak opened 40 per cent lower on Monday after the federal government said it would not move forward with a heavily scrutinised $765m loan until allegations of potential wrongdoing were cleared. Shares in the company slipped to $8.90, down 85 per cent from a peak it reached last month after the company
First, he was called a Chinese spy. Then he was accused of misleading his board. Yet Ben Meng stayed on as investment chief at California’s mammoth state pension plan. What finally drove him to quit wasn’t only the public pressure, it was a Wall Street sin every rookie in the business knows to avoid: He
Many new lawyers feel frustrated with their student loans — and some say they’re depressed due to their debt — according to a new report from the American Bar Association. The July 2020 survey of 1,084 lawyers found that student loan debt affects nearly every facet of their lives: 48% said they had postponed having
Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry surrounding blockchain — the solution enabling individuals to turn their money away from centralized legacy institutions and toward transacting on a
Montage Healdsburg will feature 130 bungalow-style guest rooms, as well as private luxury residences … [+] on 258 acres including 14 acres of planted vineyards. Currently under construction, it is scheduled to open in November. Courtesy of Montage Healdsburg Montage Hotels & Resorts, the luxury hotel and resort management company, is opening a new resort