Will Elon Musk Buy a Silver Mine? Silver to $125 as EV Companies Drive Demand: Keith Neumeyer
Car companies are interesting in potentially acquiring silver mines, as vertical integration happens across sectors, says Keith Neumeyer, President and CEO of First Majestic Silver (NYSE: AG; TSX: FR). Neumeyer discusses how rising industrial demand will send the silver price to triple-digits, and why he is optimistic about gold in 2023. Source link
AI Paves the Way for CBDCs and a ‘Scary as Hell’ Future, How to Protect Yourself: Frank Giustra
Frank Giustra, CEO of the Fiore Group and Founder of Lionsgate Entertainment, discusses how the Ukraine war is hastening a global monetary reset, with the BRICS seeking an alternative to the U.S. dollar in international trade. He also talks about the threat that artificial intelligence holds for jobs, and why AI and CBDCs could combine […]
Japan finance minister Suzuki says he hasn’t heard anything on BOJ Gov nominations yet
Suzuki is aware of the report in the Nikkei and the response of the yen, lower in very early Asian Monday: USD/JPY above 132 in early Monday Asia trade, 06 February 2023 – chart Japan’s Nikkei carried the report saying that Japan’s government has approached Bank of Japan Deputy Gov. Masayoshi Amamiya as a possible […]
Understanding the Embedded Finance Landscape
Banking and payments infrastructure designed for embedded finance might be taking the center stage on the payment landscape sooner than you think. With massive growth projections, as new providers and distributors emerge and many still ponder on how they can play a part in embedded finance, some are already solidifying their presence whether in terms […]
Inflow in gold ETFs drops 90% in 2022; asset base, investors account grow
Inflow in gold exchange traded funds (ETFs) plunged by 90 per cent to Rs 459 crore in 2022 due to rising prices of yellow metal, increasing interest rate structure coupled with inflationary pressures. This was way lower than an inflow of Rs 4,814 crore seen in the segment […]
Kraken Hires Ex-BlockFi VP, Samia Bayou, as Head of Prime Finance
Kraken, a US-based cryptocurrency exchange has hired Samia Bayou, the former Vice President and Global Head of Private Client at digital asset lender BlockFi, as its new Head of Prime Finance and OTC Sales for the EMEA. Bayou announced her appointment on LinkedIn on Friday. However, her LinkedIn profile shows she assumed the role in […]
Australian housing finance (November) dribbling lower in the face of higher interest rates
The next Reserve Bank of Australia meeting is February 7 where analyst consensus is for a +25bp rate hike to take the cash rate to 3.35%. Market pricing is not totally on board with that extent of a hike though. I am: Anyway, Australian housing fiance data for November 2022: ADVERTISEMENT – CONTINUE READING BELOW […]
Mother of All Debt Bombs & 9 Other Megathreats Are Looming, Gold May Be Best Protection: Roubini
Nouriel Roubini, CEO of Roubini Macro Associates and Professor Emeritus at NYU Stern School of Business, discusses his latest book, ‘Megathreats,’ as well as his outlook for 2023 and beyond. He discusses how investors can hedge against looming ‘megathreats,’ using commodities like gold. Source link