"Most Central Bank Gold Buying Is Unreported": In Stunning New Report, Goldman Sees "Significantly Higher" Gold Prices

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"We show that central banks drive the increase in gold demand since mid-2022, and that new geopolitical or financial shocks may push gold prices significantly higher." - Goldman


They Went Woke: Oscars Facing Liquidity Crisis, Launch $500 Million Fundraising Drive As Viewers Flee

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And to think, Ricky Gervais could save the whole thing for much less...


Biden Unveils Latest $400M Package For Ukraine, But US Artillery Shells Already Depleted 

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Both Ukraine & Israel are running low on artillery ammo... yet there are no alternatives.


"The Jobs Market Is Weakening, Inflation Has Picked Up And Growth Unexpectedly Slowed"

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It was another week where there were plenty of problems that we can point to, but both stocks and bonds went higher. Perhaps there is some truth to an observation a trader once made to me: “bears sound smart, but bulls make money


Hedge Funds That Sold In May Might Now Push Stocks To New Highs

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...it looks like funds are now short the stock market in the aggregate.


"Something Super Weird Is Going On": Musk Reacts To 'Anticapitalist' Attack On Berlin Gigafactory

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Why not protest factories making BMW 7 series and Mercedes S Class or Maybach?


Carnival Rides

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"None of these dishonest persuasions work anymore..."


Stocks End Week On Muted Note As Stagflation Fears Mount  

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Today's stagflationary warning is a new challenge to the outlook...


"Neither Goldilocks Nor Stagflation" Goldman's Hedge Fund Honcho Reflects On A Market "Seesawing From Theme To Theme"

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"I like gold..."


Apple Apologizes For 'Soul Crushing' iPad Ad

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We missed the mark with this video, and we’re sorry...”


Russia Launches Surprise Offensive In Kharkiv, Aims To Extend Border 10km Deep Into Ukraine

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Biggest land operation in the region since February 2022.


FBI Officials Told To 'Stand Down' The Day Before Jan. 6: Report

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"Thank you all for quickly stepping up today!"


Actual Collusion? Missouri AG Accuses Biden DOJ Of Coordinating With Trump Prosecutors

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Given the timing...


The "Next AI Trade" Just Hit An All Time High

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"When the dust settles, America’s power needs and the consequent capital expenditure will be staggering" - Warren Buffett


SEC Doesn't Want Ethereum To Transform Banking Landscape, Says Joseph Lubin

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Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of meaningful discourse with the cryptocurrency industry.


Pain Trades and Choppy Markets

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the backdrop today is neither Goldilocks nor stagflation...

ICE Expected To Roll Out ID Program For Illegal Immigrants This Summer

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"How do we even know who they are?"


FDA Preparing For Possible Bird Flu Spread Among Humans: Commissioner

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"This virus, like all viruses, is mutating. We need to continue to prepare for the possibility that it might jump to humans..."


"Worst Case Scenario": MacroGenics Crashes After Five Patient Deaths In Experimental Drug Trial 

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"TAMARACK data was notable for its meaningfully deteriorated safety profile..." 


Senate Bill Seeks To Place Campus Protesters On No-Fly List

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Some Republicans have deemed all of the protests 'antisemitic & pro-Hamas'...