Precious Metals

“Investors Could See Gold Prices Hitting Over $2,000 In 2022”

“EDITOR’S NOTE: Market sentiment and fundamentals are the only two factors that count when it comes to gold prices. The problem is that they’re often not in sync. Neils Christensen is wagering his bullishness on sentiment, based mostly on his… Continue Reading…

Energy

“[California] may see nearly $6 gas in 2022: study”

“In a new study released on Wednesday, GasBuddy forecasts the nationwide average price for gas will be $3.41 in 2022. The current price nationwide averages about $3.29. GasBuddy thinks prices could near $4 a gallon by June as drivers take… Continue Reading…

Economy

“Oil could hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan”

“Oil futures can shake off a breathtaking Black Friday plunge and then some, testing $125 a barrel next year and overshooting to $150 in 2023 with OPEC+ “firmly in the driver’s seat,” according to analysts at J.P. Morgan. OPEC+ —… Continue Reading…

Cryptocurrencies

“Ethereum just hit an all-time high of above $4,400 after a recent upgrade. Here’s what to know”

“Altair, an important upgrade to the Ethereum network, went live on Wednesday. Following, the price of ether hit an all-time high of over $4,416 on Friday, according to CoinGecko. It’s currently trading at around $4,325 as of 9:32 a.m. EST on Friday…” https://www.cnbc.com/2021/10/28/what-to-know-about-ethereum-altair-upgrade-and-proof-of-stake.html For… Continue Reading…

Business

“Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion”

“Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs.   Apple fell under 3% in extended trading. “We had a very strong performance… Continue Reading…

Economy

“Gas hits $7.59 a gallon in CA town”

“…Gas keeps getting more and more expensive, especially in California. But perhaps nowhere is it pricier than the remote central coast community of Gorda. The town’s only gas station is offering regular unleaded for $7.59. Premium is nearly $8.50. The… Continue Reading…

Business

“Spanx—Founded With $5,000—Is Now Worth $1.2 Billion in Blackstone Deal”

“Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion…” https://finance.yahoo.com/news/blackstone-buy-majority-stake-spanx-155152406.html This just goes to show… Continue Reading…

Business

“Elon Musk richer than Bill Gates and Warren Buffett combined as fortune soars to $230bn”

“Elon Musk is now so wealthy that he has more money than Bill Gates and Warren Buffett combined. With his fortune clocking in at $236 billion (£171 billion), Musk is now not just the world’s richest person—he is richer than the two billionaires… Continue Reading…

Economy

“Oil Price Fundamental Daily Forecast – Unexpected Demand from Fuel Switching Put $100 Crude on Radar”

“…The U.S. benchmark crossed the psychological $80 per barrel level on Friday for the first time since November 2014, jumping more than 2% before easing into the close. Brent also rose more than 2% higher early in the session. On… Continue Reading…

Economy

“U.S. crude oil price tops $80 a barrel, the highest since 2014”

“West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since November 2014 as demand rebounds while supply remains tight. The U.S. oil benchmark jumped more than 2% to trade as… Continue Reading…