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Jan 12, 2025 | 
irei.com | Frank Holmes
A few short years ago, few would have believed it possible, but it happened: bitcoin has traded above $100,000 for the first time. Global adoption of the world’s largest digital asset by market cap is getting harder to ignore. We’re no longer talking about magic internet money favored by tech enthusiasts. We’re talking about a serious financial asset that central banks, corporations and even national governments are now paying close attention to.
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Nov 26, 2024 | 
irei.com | Frank Holmes
If you’ve been paying attention to the markets, especially in recent months, you have likely noticed something interesting happening with nuclear energy stocks. Shares of companies involved in uranium and nuclear, such as NuScale Power, Oklo, Cameco and Centrus Energy, have been surging, driven in large part by groundbreaking nuclear energy deals with major tech firms.
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Sep 24, 2024 | 
irei.com | Frank Holmes
Despite the turbulence the airline industry has faced in recent years — from pandemic shutdowns to winter storms to rising fuel prices — the winds may finally be shifting in the industry’s favor, according to a new report from Bank of America (BofA). With fuel costs easing and pricing power returning, there are several reasons to believe now could be an ideal time to reconsider the sector. BofA points to four key tailwinds that could help the airline industry outperform in the coming months.
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Sep 24, 2024 | 
irei.com | Frank Holmes
As I write this, gold continues to trade above $2,500 an ounce after surging past the psychologically important level for the first time ever in mid-August. For seasoned gold-mining investors, this should be a moment of validation. After all, the yellow metal has long been seen as the ultimate hedge against economic uncertainty. And yet, despite the bull run, gold stocks — those companies that mine, process and sell the metal — are trading at historically low valuations relative to the market.
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Sep 2, 2024 | 
mining.com | Frank Holmes
Staff Writer | September 2, 2024 | 11:15 am Exploration News Australia Gold Specialty Minerals Australia’s Rumble Resources (ASX: RTR) said on Monday its Western Queen gold project located near Mt Magnet could be host to a tungsten discovery after receiving assay results from its drilling completed three years ago.
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Aug 26, 2024 | 
irei.com | Frank Holmes
Research from Goldman Sachs shows that a 1 percentage point increase in U.S. inflation has historically led to a real return gain of 7 percentage points for commodities. Meanwhile, the same trigger caused stocks and bonds to decline by 3 percentage points and 4 percentage points, respectively. This data supports the potential of commodities as an inflation hedge. In times of rising prices, tangible assets such as silver, oil and gold often retain their value better than paper assets.
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Jul 16, 2024 | 
gold-eagle.com | Frank Holmes
Gold futures closed the week at $2,416.30, up $18.60 per ounce, or 0.78%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week higher by 5.73%. The S&P/TSX Venture Index came in up 1.36%. The U.S. Trade-Weighted Dollar fell 0.75%. StrengthsThe best performing precious metal for the week was gold, up 0.78% after lagging the other precious metals last week. Uganda announced plans to start domestic gold purchases to build foreign exchange reserves.
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Jun 25, 2024 | 
gold-eagle.com | Frank Holmes
StrengthsThe best-performing precious metal for the week was platinum, up 3.94%, largely due to the declining demand trend for electric vehicles, which translates to more demand for platinum group metals in the short term. According to Bank of America, China gold ETFs continued to see inflows, adding $253 million and marking the sixth consecutive month of inflows. Gold ETF buying in China is driven by weak equities, a weakening local currency, and decreasing bond yields.
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Jun 24, 2024 | 
irei.com | Frank Holmes
Did you know that every time you type a query into ChatGPT, it requires about 10 times as much electricity to process as a Google search? That’s according to Goldman Sachs, which writes in a new report that electricity consumption in the United States is poised for a major surge for the first time in years, due in large part to the rapid buildout of data centers that power AI platforms such as ChatGPT.
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May 29, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |Frank Holmes |Mike Maharrey
Premium in Shanghai has climbed despite surge in world prices
Dwindling inventories make the metal even more attractive
https://www.bloomberg.com/news/articles/2024-05-29/china-s-silver-imports-set-to-jump-as-solar-demand-lifts-prices?embedded-checkout=true
About the author Since 2003, SilverSeek.com has served millions of readers with the latest silver news and information.
