The bankers are trying to flee in haste… by Harvey Organ of Harvey Organ Blog OCT 14// GOLD ROSE BY $3.10 TO $1796.75//SILVER ADVANCED 32 CENTS TO $23.45//GOLD STANDING AT THE COMEX INCREASED TO 50.94 TONNES//SILVER STANDING AT THE COMEX ROSE TO 9.3 MILLION OZ//CHINA’S PPI ACCELERATES INDICATING FUTURE INFLATION//TURKEY’S LIRA PLUMMETS AFTER ERDOGAN FIRES
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Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move was a part of a push to ensure holders’ and issuers’ NFTs are “securely available everywhere.” The announcement follows from a previous move in August in Which Dapper Labs was working to integrate Filecoin’s
If your expected return on the individual investments in your portfolio is known or can be anticipated, you can calculate the portfolio’s overall rate of return using Microsoft Excel. If you don’t use Excel, you can use a basic formula to calculate the expected return of the portfolio. Calculating Total Expected Return in Excel First, enter
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite
Managers of bonds backed by pools of risky loans to indebted companies are rushing to get deals done before the Libor interest rate benchmark underpinning the market begins to fade away next year. Issuance of collateralised loan obligations, which take bundles of leveraged loans and use them to back payments on chunks of new debt,
City lawyers have money. The UK legal aid system does not. The idea of a sectoral levy to fund access to justice will always have supporters as a result. The legal system’s big earners can neutralise the threat by contributing more. They should be clever about how they do it. This year has yielded a
There’s no telling where the vast fortunes hide on tree-softened Phillips Avenue here in Sioux Falls. No billionaires in Brioni tuck into the gravy-drenched roast beef sandwich at the Diner. No dark-windowed Escalades cruise past the Child’s Play Store, where the owner sports a pin that proclaims her a “glow getter.” Yet the money is
Sharing is Caring! by Michael Snyder The “reset economy” is coming, and it isn’t going to be very pleasant. Rather than viewing the economic chaos caused by the pandemic as a negative thing, many among the worldwide elite consider it to be a golden opportunity to fundamentally transform the global economy according to their values.
Nick Ron, CEO of House Buyers of America, is a tech-savvy industry veteran with over 20 years of experience as a real estate investor. The rapid rise in demand for housing and the sharp increase in home prices have led many to ask, “Are we in a bubble?” The short answer is no. Low inventory has plagued
The chief executive officer of global investment bank Morgan Stanley says that cryptocurrency, including bitcoin, is not a fad. Noting that they are not going to go away, he said: “We’re watchful of it, we’re respectful, and we’ll wait and see how the regulators handle it.” Morgan Stanley’s CEO Says Bitcoin and Crypto Aren’t Going
In this article ETC.BF= BTC.BS=-USS Tony Andrews | Twenty20 U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, began piloting crypto payments in August in a first for the industry. But CEO Mat Ishbia
Municipals were stronger as the New York Urban Development Corp. led the primary with $1.76 billion of taxable and exempt sales tax bonds in the competitive market while Refinitiv Lipper reported a rebound in fund inflows. Triple-A benchmarks were bumped a basis point in spots along the yield curve, but the asset class has underperformed
(Adds comment from New Mexico Senator Martin Heinrich) By Ernest Scheyder Oct 14 (Reuters) – U.S. Senator Joe Manchin has promised to block a proposed royalty for minerals extracted on federal land from advancing in the U.S. Senate’s version of the hotly debated reconciliation package, a senate staffer said on Thursday. Manchin, a West Virginia
The bloated indebted financial system, at some point, was going to go down… Bill Holter interviewed on USA Watchdog by Greg Hunter Financial writer and precious metals expert Bill Holter has long predicted the bloated indebted financial system, at some point, was going to go down. According to Holter, the wait is over, and he
On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October. Data from Cointelegraph Markets Pro and TradingView
Microsoft Corporation’s (MSFT) professional networking service LinkedIn will sunset operations in China later this year, according to a blogpost published on its site. Microsoft said it was shutting down LinkedIn “due to significantly more challenging operating environment and greater compliance requirements” in the country. “While we have found success in helping Chinese members find jobs
In this article SPCE Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its
Coinbase has called for the creation of a single dedicated body to regulate digital assets, arguing that the current oversight is too fragmented and that the US’s century-old securities laws are ill-suited to today’s cryptocurrency markets. In a policy document shared with Congress, the largest US cryptocurrency exchange urged lawmakers to separate the oversight of
The US stock market had its best day since March on Thursday, as investors’ worries about inflation and potential interest rate increases were tempered by upbeat corporate earnings reports. The S&P 500 closed 1.7 per cent higher, its biggest one-day rise in seven months, though the blue-chip index remains about 2.4 per cent below its
If 60/40 portfolios had a mind of their own, they would perhaps feel like Mark Twain when he read his own premature obituary. It seems to be the flavor of the autumn: Bank of America called it “the end to 60/40;” Goldman Sachs suggests losses on such portfolios may reach 10%. You get the idea.
In this article HOLX AA SPCE Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Check out the companies making headlines in after hours trading Virgin Galactic — Shares of the space company fell more than
The record-setting housing market has brought anecdotes of frustrated home shoppers being repeatedly outbid and using risky strategies, such as waiving contingencies, to be competitive. And a new Zillow analysis of the age, sex, race and income of home buyers over a decade reveals Millennials and Baby Boomers — two of the biggest generations in
Richard Buckminster Fuller was a well known American architect, systems theorist, author, and inventor. Similar to the visions expressed by the industrialist Henry Ford, the Nobel laureate Friedrich Hayek, and Austrian economist Milton Friedman, Buckminster Fuller also predicted a concept that resembled Satoshi Nakamoto’s Bitcoin invention 54 years ago in 1967. Buckminster Fuller: ‘Build a
For more than twenty years, I have advocated “Pay Taxes later, except for the Roth.” This applied in the accumulation stage when you are accumulating money for retirement, the distribution stage when you are deciding which assets to spend first, and even in the estate planning stage. I always said there were some exceptions to this bedrock
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) – Karora Resources (TSX: KRR) today announced record quarterly consolidated gold production since the Higginsville acquisition of 30,365 ounces for the
Puerto Rico bankruptcy Judge Laura Taylor Swain denied motions for bondholders and wage claimants to have until Oct. 25 or beyond to cast their vote on the proposed Plan of Adjustment. On Wednesday, Swain rejected bondholder Peter Hein’s motion to extend the deadline for retail bondholders. The motion would have extended the voting period from
The slowing rate of money-supply growth suggests weakness in the economy, and this can be… by Ryan McMaken of Mises Institute Money supply growth slowed again in August, falling for the sixth month in a row, and to an18-month low. That is, money supply growth in the US has come down from its unprecedented levels, and has now
Dogecoin (DOGE) may have landed major proponent Mark Cuban in hot water as it hits its lowest against Bitcoin (BTC) in over half a year. DOGE/BTC 1-week candle chart (Bittrex). Source: TradingView “Now price it in bananas” Data from Cointelegraph Markets Pro and TradingView showed DOGE/BTC trailing at 412 satoshis (0.00000412 BTC) on Oct. 14 —
Key Takeaways Bank of America’s net interest margin beat analyst estimates. Net interest margin reflects the difference between the interest banks earn on their assets and the interest they pay out to depositors and other creditors. Net income was boosted by a reserve release of $1.1 billion. Bank of America Earnings Results Metric Beat/Miss/Match Reported
A graphic rendering of a Pelican satellite. Planet Earth imaging and data specialist Planet Labs on Tuesday announced a new line of imagery satellites, called Pelican, as the company prepares to go public later this year. The Pelican satellites are meant to upgrade Planet’s existing constellation of 21 SkySat satellites in orbit, with launches beginning