Is there still hope for a renewed rally, or is silver a lost cause? by Craig Hemke via Sprott Money News It has been a challenging and frustrating year thus far for COMEX silver. Inflation is raging while interest rates are falling, yet COMEX silver prices are down year-to-date. This has left many silver investors
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The price of Axie Infinity’s native token AXS more than doubled in just three days of trading amid speculation that it is going to revolutionalize the blockchain-enabled gaming industry forever. The AXS/USD exchange rate reached a record value of $32.69 on Friday, up 31.28% intraday, and circa 131% from its Tuesday low of $14.09. That
Investment bankers are typically the highest-paid workers in the finance industry—high salaries are most prevalent even among younger employees. The starting salary for the typical investment banker exceeds that of most other finance positions, but working in this field has its challenges. Aspiring finance professionals may wish to examine whether a career in investment banking
Eurozone businesses are reporting the fastest expansion in over two decades, fueling hopes of a rapid rebound this summer despite the spread of the Delta variant. IHS Markit’s flash composite purchasing managers’ index — based on a survey of eurozone businesses — rose to 60.6 in July, up from 59.5 in June. The rise indicates
All the answers here are linked in some way. Once you’ve spotted the link, any you didn’t know the first time around should become easier. © Getty Images Which musical, with music by Marvin Hamlisch, was the longest running in Broadway history until it was overtaken by Cats (above) in 1997? What’s the two-word name
Many of the world’s biggest asset managers say they’re increasingly struggling with some of the rules guiding the $35 trillion market for environmental, social and governance investing. Much of the confusion revolves around defining the social aspect. The guideposts are generally seen as confusing and this is “going to become a bigger issue going forward,”
Moderna (MRNA) is one of those names that received a great deal of public attention due to the virus over the past year and a half. Though the biotech company has been in existence for about 10 years, Moderna’s COVID-19 vaccine pushed it into the spotlight. The resurgent virus and strong global demand for its COVID-19
In this article NTGR CROX LUV WHR ULVR-GB A customer selects bar of Dove soap, a Unilever product, at a Sainsbury’s supermarket in London, U.K. Bloomberg | Getty Images Check out the companies making headlines before the bell Thursday: Netgear – Netgear shares plummeted 14.2% after the computer equipment maker reported lower-than-expected sales and revenue
Sharing is Caring! by Michael Snyder After decades of living in a relatively low inflation environment, it is hard for most Americans to believe that things have gotten so bad so quickly. In fact, even though I write about this stuff almost every day, it is hard for me to believe it. We are watching
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Many brokers are technically savvy but don’t have the personal touch that is so critical for dealing with people. We are all different but we can all benefit from deepening our knowledge and developing our skills through self-education
Soaring home prices are making many homeowners wealthier and wealthier. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. That represents an average gain of $33,400 in just that one year period. Altogether, the amount of available,
The Argentinian province of Misiones plans to issue its own stablecoin in the future. This is one of the objectives that a recently approved law, the Missionary Financial Innovation Program with Blockchain and Cryptocurrency Technology, proposes. Misiones will also use a blockchain to issue documents and certificates to digitalize much of its work. Misiones to
Congressional Democrats are expected to include a broad expansion of traditional Medicare benefits— including dental, vision, and hearing—in a $3.5 trillion social spending bill they’ll consider later this year. The move would be the biggest expansion of Medicare since Congress added a drug benefit in 2003 and would go a long way toward improving the
Municipal trading was light and triple-A benchmarks were a touch stronger on the short end as the last of the week’s larger-than-usual calendar closed accounts and the municipal market largely charted its own course. For the 20th consecutive week, Refinitiv Lipper reported inflows into municipal bond mutual funds, this time $1.727 billion, with high-yield seeing
[embedded content] The U.S. is headed for bankruptcy and economic decline, and the best way to protect your wealth is with gold, said Yaron Brook, managing partner of BHZ Capital. Brook is the best-selling author of several books, including “Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government”. He is the chairman of
While it’s true that stocks no longer have a close relationship with the economy, certain sectors are HIGHLY correlated to economic activity, and they… by Graham Summers of Gains, Pains, & Capital Yesterday I noted that Friday’s action was very troubling. By quick way of review: It is unusual for stocks to close down on
Israeli blockchain tech developer Kirobo is launching a decentralized P2P token swap solution. According to the company the protocol, dubbed “Atomic Safe Swap,” offers a decentralized peer-to-peer trading alternative to centralized marketplace exchanges or over-the-counter (OTC) desks, and is set to launch on July 27. The service is built on Ethereum and supports Ether (ETH)
In times of market trouble, investors look for ways to limit their exposure while not foregoing returns entirely. While one could choose plain cash, the real rate of cash is negative; with inflation chipping away at value, a cash holding actually declines in value over time. Far better than choosing cash in these situations may
Twitter’s revamp of its advertising offering bore fruit in the second quarter as it reported a sharp jump in revenue and signalled plans to build out its ecommerce capabilities. In a letter to shareholders, Twitter cited “revenue product improvements, strong sales execution and a broad increase in advertiser demand” as primary drivers of a 74
Intel’s chief executive said more consolidation was needed in the chip manufacturing industry, days after a report that the US chipmaker was in talks to buy GlobalFoundries for $30bn. “We just view that smaller players won’t be able to keep up,” Pat Gelsinger said. Speaking on a call with analysts to discuss Intel’s latest earnings,
Americans expect their financial advisors to act in their best interests, an expectation that can only be achieved through education, commitment to ethics and rigorous enforcement of high ethical standards. During my 20-year career at the SEC, I worked in the enforcement division, where we focused on investor protection, developing programs designed to detect various
In this article INTC SNAP TWTR SAM SKX The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines after the bell: Twitter — Shares of Twitter jumped more than 4% after hours following a strong quarterly earnings report. The social
Sharing is Caring! by Tom McClellan A big selloff on Monday, July 19, 2021 brought a big sentiment reality check for a lot of investors who were glad to part company with their stocks on a day that saw the DJIA fall by 726 points. Then they got the chance to regret that decision the next
After four straight months of declines, sales of previously owned homes rose 1.4% in June month to month to a seasonally adjust annualized rate of 5.86 million units, according to the National Association of Realtors. These sales represent closings, so they are based on contracts signed in April and May. Sales were 22.9% higher compared
This 11th century chateau in Thuir, France, wears the scars of battle well. Attacked many times, the fort-like property still has cannonballs embedded in the walls. Set on the site of ongoing turf wars in the Pyrénées-Orientales, also known as Northern Catalonia, the once simple stone keep was fortified over the centuries. During World War
The founder and chairman of Interactive Brokers, Thomas Peterffy, has revealed that he put money in crypto because he believes “there’s a small chance that this will be a dominant currency, so you have to play the odds.” Interactive Brokers Chairman Invests in Crypto Thomas Peterffy, founder and chairman of a major online trading platform,
Analysts say a strike of Puerto Rico truckers is a threat to the island’s economy and a challenge for the Oversight Board. The board spent a page in the most recent fiscal plan talking about the need to not extend the minimum rates to privately negotiated trucking contracts. The truckers are striking for this as
Today’s column addresses questions about when Social Security spousal benefits can be available, a reason there might be years with no income on a person’s Social Security earnings record and how much benefits are reduced for filing early. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
(Kitco News) Gold edged up after the U.S. existing home sales rose 1.4% in June, coming in slightly below market expectations but marking the end to four consecutive monthly declines. Existing home sales rose to a seasonally adjusted and annualized rate of 5.86 million units last month, compared to May’s annualized rate of 5.78 million
Here’s how the current dip plays out in four waves towards a new high of $2140 gold price… Gary Wagner with Patrick V. on Silver Bullion TV Gary Wagner: Despite the Dips, We Are Still On the Road to $2140 Gold We are joined on Metal Money by Gary Wagner, CEO of TheGoldForecast.com. Despite the