India’s Record Gold Imports Attributed to Calculation Error
If an error is indeed identified, the trade figures are likely to be revised and traders could expect some correction in the foreign-exchange rate. It would also soothe feverish speculation about the state of the economy triggered by the data, as economists pondered over whether the surge in gold purchases signaled distress and a need […]
VERSES Renews Agreement with Chief Scientist Karl Friston
VERSES AI Inc. has extended its exclusive contract with renowned neuroscientist Professor Karl Friston as Chief Scientist, enhancing his role with performance-based incentives tied to recent research breakthroughs. CEO Gabriel René highlighted Friston’s contributions to the company’s flagship product, Genius™, which models complex systems and embodies principles from science and nature. Friston expressed his dedication […]
Both the Fed and Trump Face Challenges
BOTH the Fed and Trump are in Trouble Good morning Investors! A bit later today, I’m going to sit down for our usual post-F.O.M.C. “long form” podcast with The Prospector News’ Mike Fox for the post-mortem on yesterday’s ominous Fed meeting and market reaction. Follow along to see why both the Fed and Trump are […]
Northern Oil and Gas Proposes Acquisition of Granite Ridge
Northern Oil and Gas makes acquisition offer to Granite Ridge Northern Oil and Gas has submitted a bid to acquire Granite Ridge Resources, a US producer with operations in basins including the Permian and Eagle Ford, reported Reuters. The latest offer from the Minneapolis-based company represents an approximately 20% premium over Granite Ridge’s share price, […]
Column: The Dark Side of Electric Dreams: A Nightmare for Battery Metals
Column: Electric dreams turn into a nightmare for battery metals The landscape of battery metals is undergoing a significant transformation, with shifts in market dynamics that cannot be overlooked. As the electric vehicle (EV) sector builds momentum, the anticipated demand for essential battery materials such as lithium, nickel, and cobalt has not kept pace with […]
Was Friday’s Positive News a Turning Point for the Market?
Was Friday’s good news double a market turning point? Wall Street bulls mounted a valiant effort and pushed the stock market sharply Friday on a double dose of encouraging news. But the rally was not enough to overcome Wednesday’s Fed-driven plunge. The S & P 500 dropped for the second straight week, losing 2%, while […]
Following Tesla’s Significant Surge After the Election, What’s Next?
Tesla TSLA stock has made a sharp U-turn in 2024, rallying to record highs, with the company seen as benefiting from chief executive Elon Musk’s new prominence in Washington. The stock began 2024 mired in a multi-year slump, as investors grew increasingly concerned about the company’s ability to maintain a fast pace of growth. As […]
Key Personal Finance Insights from Warren Buffett’s Recent Letter
Personal finance lessons from Warren Buffett’s latest letter Last Nov. 25, Warren Buffett announced that he would donate a substantial portion of the shares he owned in Berkshire Hathaway to his four family foundations. In his announcement, he included a letter which contained some important personal finance lessons that we can apply to our own […]
Video: CRU Analyst Warns Gold Mining Could Hit a Cliff Post-2025
“This will be the most gold we’ve ever mined in a single year, ever,” Blagden said. The decline marks a turning point for an industry facing dwindling reserves, geopolitical risks, and few new projects. Despite high profitability from strong gold prices, experts warn that without fresh investments, production could drop sharply, tightening supply and reshaping […]
Fidelity’s Jurrien Timmer Discusses the Future of the Stock Market
It’s been a banner year for stocks, and one veteran analyst thinks the outlook is also good for 2025. The Morningstar US Market Index has returned more than 28% in 2024 and is up 75% since bottoming out in October 2022. Jurrien Timmer, director of global macro at Fidelity Investments and a 30-year veteran of […]