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15.02.26 - 15:24
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Gold, Silver likely to consolidate amid Fed rate-cut uncertainty: Analysts (Times of India)
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Precious metal prices are set for continued volatility and consolidation as investors await crucial US economic data, including inflation and GDP figures. Market watchers are closely observing Federal Reserve signals for potential rate cut timelines. Gold experienced a sharp correction in February, influenced by stronger US employment data, while silver futures saw a decline....
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15.02.26 - 03:12
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Eat The Rich: California Democrats Trigger Reverse Gold Rush With Wealth Tax (ZeroHedge)
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Eat The Rich: California Democrats Trigger Reverse Gold Rush With Wealth Tax
Authored by Jonathan Turley,
This month, the anniversary of the California Gold Rush came and passed with little mention … for good reason. When James W. Marshall found gold at Sutter's Mill, millions traveled great distances to seek their fortune in the “Golden State.”
Now, 178 years later, California has engineered an inverse Gold Rush, virtually chasing wealth from the state. Rather than covered wagons going West, there is a line of U-Hauls going anywhere other than California.
From boondoggle projects to reparations, California politicians continue to rack up new spending projects despite a soaring deficit and shrinking tax base.
Rather than exercise a modicum of fiscal restraint, Democrats are pushing through a tax that takes five percent of the wealth of any billionaires left in the state.
I have long criticized the tax as perfectly moronic for a state with the highest tax burden and one of the highe...
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14.02.26 - 18:24
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Gold tops investment choices among young Indians, survey finds (Times of India)
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Young Indians, across Gen Z and Millennials, overwhelmingly favor gold as their top investment choice, with 62% preferring it over mutual funds, stocks, and crypto. Even with modern options available, gold is seen as the safest bet, especially during uncertain economic times. Purchases are increasingly personal and smaller, driven by income and investment goals rather than just tradition....
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13.02.26 - 20:18
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World No. 2 Gold Miner is ′Willing to Move′ on M&A, CEO Says (Bloomberg)
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Agnico Eagle Mines Ltd. Chief Executive Officer Ammar Al-Joundi said the gold producer is “very well-positioned” to pursue acquisitions should opportunities emerge, signaling a renewed openness to deal-making after years focused on growing output from existing mines....
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