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08.08.26 - 20:24
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Britain′s Jurassic gold rush: the fossil hunters chasing fortunes on Dorset′s beaches (The Guardian)
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Social media and soaring prices are fuelling a fossil-hunting boom, with rare discoveries worth thousands of poundsBent double at the waist, Martin Curtis combs a stretch of a Dorset beach with the concentration of a man searching for a lost cufflink or wedding ring.The search is meticulous – and with good reason. What he hopes to find could be far more valuable than an errant piece of jewellery. Curtis is searching instead for the telltale spiral of an ammonite, the star-shaped rod of a crinoid or rocks of a particular shape and colour that suggests there is something very special inside. He is hunting fossils. Continue reading......
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08.08.26 - 18:06
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New York authorities warn about gold bar scam targeting seniors (The Guardian)
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State's attorney general says scammers have made off with more than $100m in past two yearsScammers in New York have been using gold bars to steal money from victims, primarily seniors, and made off with more than $100m over the past two years, the state's attorney general announced on Friday.The scheme starts with victims receiving a fake pop-up message that states their computer or financial account has been compromised, the press release stated. The message includes a phone number to call, and when they do, the scammers convince the victims to provide remote access to their computers, which allows them to access their financial information or online bank accounts. Continue reading......
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08.08.26 - 13:48
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Why NBFC gold loans are growing nearly 70% despite tighter RBI regulations (Times of India)
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Non-banking financial company gold loans grew nearly seventy percent year-on-year. This expansion significantly outpaced overall retail credit growth for these institutions. The Reserve Bank of India had introduced new rules for gold lending practices. Despite regulatory scrutiny, demand for gold-backed credit remained robust. Credit growth in industry and services sectors showed moderation during this period....
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