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FinanceBuzz

Don't fall into the gold trap. Learn why retirees should steer clear of this investment and explore three alternatives that offer better long-term benefits.

The Price of Gold Has Dropped — But You Still Shouldn't Buy It

Gold prices edged higher on Monday, buoyed by some short covering from investors with focus turning to U.S. jobs data due later this week that could offer more cues around interest rate cuts by the Federal Reserve. Spot gold was up 0.1% at $2,328.15 per ounce. Prices registered a more...

Gold holds ground as investors await U.S. jobs data

LONDON (July 1) Gold edged higher last week to close flat on the month. The dollar Index registered a small gain on the month, suggesting gold investors again ignored the dollar’s strength. The metal traded in a rather narrow $100 range throughout June, with a high of just over $2387 and low of just below $2287.

Gold: Bull-Flag Breakout in the Cards - Watch for a Surge Above $2,365

Veteran macro investor Luke Gromen believes that tens of trillions of dollars will move away from the US bond market and into Bitcoin (BTC), gold and stocks. In a new Kitco NEWS interview, Gromen says that he sees liquidity being drained from the $130 trillion bond market. According to the...

$130,000,000,000,000 Capital Rotation Coming to Bitcoin, Stocks and Gold, According to Macro Guru Luke Gromen

Overall, June 2024 financial market conditions showcased significant market stabilization for the global economy. The World Bank’s projection of a 2.6% growth rate for the year signals the first steady market expansion and stabilization period in over three years. This comes despite various uncertainties and adjustments in the market following COVID-19 pandemic disruptions.

What's In Store for Markets in the Second Half of 2024?

Gold rises as a weaker US Dollar and uncertainty around monetary policy continues. ISM data later today before all attention turns to US jobs data later in the week. Trendline break and price action hint at at a potential rise toward the $2370 resistance handle. Market participants are closely watching...

Gold Price Update: XAU/USD rises as search for catalyst rumbles on

In this article, we will take a look at the Largest Gold Mine in the World by Production Volume. We have also compiled a full free list of the 10 Largest Gold Mines in the World by Production Volume. Exploring the Global Gold Industry. Gold has been one of the...

The Largest Gold Mine in the World by Production Volume

Early 2023 served as a stark reminder that correlations can break down when least expected. Last year, a decline in the copper/gold ratio led many investors to anticipate a fall in longer-term yields, particularly for the 10-year Treasury note. However, these expectations were shattered as yields not only increased but surged to multi-decade highs by October. This episode underscores the challenge of relying too heavily on old assumptions. In this report, we’ll delve into the dynamics between the copper/gold ratio and 10-year yields and explore whether this historical connection has been permanently severed.

Copper, Gold, Treasurys, and the New World

Investing.com - ABN Amro has published a cautious outlook for the gold price until the end of 2024 and maintains its year-end forecast of $2,000 per ounce. Currently, one ounce of gold costs $2,327.28. In their latest report, Georgette Boele, Senior Economist in Sustainability at the bank, highlights several factors influencing the current state and future developments of gold prices.

Gold Price Forecast: ABN Amro Maintains $2,000 Target for Year-End

Indy100

The natural world is constantly surprising us, and now new research has suggested that ’fountains of diamonds’ could be sent shooting up to the surface of the Earth as part of a major geological event.Supercontinents breaking up could send them spewing up from deep within the Earth’s core, according to research undertaken by Thomas Gernon, who is a professor of Earth and climate science at the University of Southampton.Diamonds are formed around 150 kilometres below our feet and sent firing upwards by kimberlite eruptions which can travel up to 133 kilometres per hour and create enormous explosions on the surface,...

Major explosion causes 'fountains of diamonds' to erupt from Earth's crust

This simple yet elegant investing strategy can help you build lasting wealth. Too many people seem to want to make investing complicated. However, it doesn't have to be so difficult. You can position yourself to make money from stock markets all around the world with just two proven exchange-traded funds (ETFs).

Want to Retire Rich? 2 ETFs to Buy Now and Hold Forever

Markets Insider

The S&P 500 could crash 48% when the bubble in stocks pops and a recession hits, Paul Dietrich said. The elite strategist pointed to a massively overvalued market and cracks in the economy. Dietrich predicted inflation and interest rates would remain elevated, and taxes would rise. The S&P 500 could...

The S&P 500 could crater 48% when the stock-market bubble pops and recession finally hits, elite strategist says

Italian oil giant Eni is planning to divest over $4 billion in upstream assets, with Indonesia and Cyprus among those potentially targeted, Bloomberg reported on Monday, citing unnamed sources. Eni is seeking to divest a total of 8 billion euros, or over $4 billion in upstream assets over the next...

Italian Oil Giant Eni to Divest Over $4B in Upstream Assets

Fortune

Supply will outstrip demand, and the spare capacity will be unlike ever "seen before other than at the height of the Covid-19 lockdowns in 2020,” IEA said.

We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns

Corn futures continued to sell off ahead of Friday’s USDA Grain Stocks and Planted Acreage reports, losing 1 ¾ to 6 ¼ cents. The Drought Monitor did show some dryness expanding into the D1 stage for portions of the Eastern Corn Belt, but forecasts also provide some relief for that area over the next week.

Corn Selling Continues Ahead of Friday USDA Reports

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Reuters

(Reuters) -Commodity markets face greater fragmentation and supply disruptions if former U.S. president Donald Trump wins the Nov. 5 election to return for a second term, an HSBC economist said on Friday.

Trump re-election may lead to commodity market fragmentation, HSBC's Bloxham says

BlackAmericaWeb

Black Hollywood never disappoints when it comes to making bold fashion statements check out the fashion hits and misses from the 2024 BET Awards
The post The Fashion Hits and Misses from the 2024 BET Awards appeared first on Black America Web.

The Fashion Hits and Misses from the 2024 BET Awards

This ETF is for investors looking to gain low-cost exposure to innovative businesses. If you'd invested in this ETF a decade ago, you would have more than quintupled your money. Forward returns are likely to come down, but this ETF should still do well. Heavy exposure to dominant tech enterprises...

Forget the S&P 500 -- Buy This Magnificent ETF Instead

The Motley Fool

Bitcoin has a unique mix of upside potential and downside risk protection.

The Ultimate Cryptocurrency to Buy With $1,000

NewsBreak

How to invest in gold and silver using Prepper Bars

Gold and silver have captivated investors for centuries, offering a potential hedge against inflation and economic uncertainty. Whether you're a seasoned investor or just starting out,...

How to invest in gold and silver using Prepper Bars

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