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Precious Metals

“Gold Climbs to Record on Mix of Fed Pivot and Geopolitical Risks”

March 7, 2024

“… …” https://www.bloomberg.com/news/articles/2024-03-05/gold-climbs-to-record-as-momentum-builds-on-rate-bets To maximize profit silver is the play to make not gold in my opinion. It’s under valued more than gold is at the moment.

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Cryptocurrencies

“Bitcoin nears all-time high, but this rally is much different than 2021 record run”

February 29, 2024

“…Bitcoin BTCUSD, 3.89% is seeing an impressive rally, as the crypto topped $64,000 briefly on Wednesday, touching levels not seen since its record peak in November 2021…” https://www.marketwatch.com/story/bitcoin-nears-all-time-high-but-this-rally-is-much-different-than-2021-record-run-8a88c18d I don’t know why people wait until an assist is exploding to get in. It’s… Continue Reading…

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Business, Stocks

“TSMC shares hit record high after Morgan Stanley lifts client Nvidia’s price target on AI chip demand” [Feb 15]

February 21, 2024

“Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand… Morgan Stanley increased the price target on the U.S. chip giant to $750… Continue Reading…

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Economy

“Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments”

February 20, 2024

“…Americans now owe $1.13 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights report from TransUnion, with the average balance per consumer hitting… Continue Reading…

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Precious Metals

“Gold Demand to Hit Record With Central-Bank Buying, WGC Says”

February 5, 2024

“Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the opaque over-the-counter market, as well as from sustained central-bank buying, according to the WGC’s full-year report. That’s the highest total figure in data… Continue Reading…

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Business

“World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks”

January 31, 2024

“Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, one of the world’s largest investors, said the… Continue Reading…

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Stocks

“Super Micro shares soar 36% to record on uplifting preliminary results”

January 23, 2024

“Super Micro Computer, one of the best-performing tech stocks of the past few years, soared 36% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates… The uplifting numbers follow a… Continue Reading…

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Economy, Stocks

“The rich now own a record share of stocks”

January 16, 2024

“About 93% of U.S. households’ stock market wealth is held by the top 10%… Details: While it’s true that a record high 58% of American households do own stocks via mutual funds or as individual shares, in the aggregate the amount of stock… Continue Reading…

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Stocks

“Nintendo Shares Hit Record, Helping Lift Japanese Stocks to Another Multidecade High”

January 12, 2024

“…Nintendo shares hit a record closing high of 7,823 yen Wednesday, or about $54.14. The videogame company’s shares have gained ground since late last year, reflecting solid earnings and expectations over the potential launch of a new console to succeed the current… Continue Reading…

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Economy

“Online holiday spending jumps nearly 5% to record, Adobe Analytics says”

January 5, 2024

“Online spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according to Adobe Analytics. Sales totaled $222.1… Continue Reading…

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