Metals News
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A mining company's claim that it had discovered a huge deposit of gold, deep in the Indonesian jungle, led to a scramble to invest in the firm. But all that glittered was not gold, as a new podcast series reveals, and questions remain about the mysterious death of the company's chief geologist. On the morning of 19 March 1997, Michael de Guzman, chief ...
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Archegos Capital Management returned to the spotlight three years after its spectacular collapse with the start of founder Bill Hwang’s trial on fraud, racketeering and market manipulation charges. The trial kicked off Monday in Manhattan federal court with opening statements and continued through Thursday with testimony from several witnesses who ...
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In our team meetings, we often discuss the shifting sands of the market. Not only is it an interesting topic, but it poses a challenge for asset allocators. We are in the midst of a multi-year outperformance cycle for large-cap growth. The companies that have driven this outperformance have all become household names: Alphabet, Amazon, Apple, Meta, ...
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A helicopter carrying Iranian President Ebrahim Raisi suffered a “hard landing” on Sunday, Iranian state media reported, without elaborating. Some began urging the public to pray for Raisi and the others on board as rescue crews sped through a misty, rural forest where his helicopter was believed to be. The likely crash comes as Iran under Raisi and Supreme ...
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US CPI was the big item from this week and the Wednesday release prodded several themes across global markets. US equities broke out to fresh highs on the back of that print, and the US Dollar broke down to fresh monthly lows, eventually finding support around the 200-day moving average which led to a bounce on Thursday. The move in the Dollar contributed ...
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Archegos Capital Management returned to the spotlight three years after its spectacular collapse with the start of founder Bill Hwang’s trial on fraud, racketeering and market manipulation charges. The trial kicked off Monday in Manhattan federal court with opening statements and continued through Thursday with testimony from several witnesses who ...
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Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the ...
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Join the team this week for a discussion on the CPI report, Chinas weather, the business cycle watch & much more.
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A helicopter carrying Iranian President Ebrahim Raisi suffered a “hard landing” on Sunday, Iranian state media reported, without elaborating. Some began urging the public to pray ...
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Thank you, Dean Treanor, for the invitation to speak here today. I am very sorry that circumstances prevent me from joining you in person. I will start by acknowledging the parents, spouses, partners, other family members and mentors who are here. Without your support, sacrifice, and encouragement, we would not have so much to celebrate today. And to the class of 2024—congratulations on earning your law degree. You are the most selective class in Georgetown history, chosen from 14,000 applicants, and the most well qualified as well. Among you are Fulbright scholars, military veterans, Peace Corps, AmeriCorps and Teach for America alumni, student athletes, accomplished musicians and even a medical doctor. An impressive group. This is also the most diverse class in the 154-year history of the school. I am especially proud today to say that there is a lot of Georgetown in my family tree. My father graduated from the College in 1943 before serving in the U.S. Army in World War II. After the war, he received his law degree here and practiced law in Washington, D.C. I am fortunate to have two wonderful daughters; one graduated from the College in 2012; the other is a member of the Class of 2026 at the Law Center. It seems like yesterday that I was in your shoes, receiving my degree, looking forward with optimism and excitement, and wondering what lay ahead. I cannot help but think fondly of my time here. For many years, friends from law school have gathered annually for a weekend to refresh our ties and laugh about times gone by. These gatherings are referred to as "Big Chill," a reference to a 1983 movie that revolved around a mid-life reunion of college friends. I made lifelong friendships here that I keep to this day, and I hope it will be the same for you. Along with all the hard work, I also remember the fun. A favorite tradition was to attend Saturday midnight showings of The Rocky Horror Picture Show at the Key Theater on Wisconsin Avenue in Georgetown. Now, if you have led a culturally deprived life and are tragically unfamiliar with the movie, it is a raucous musical starring a young Tim Curry. Everyone in the theater wo post: POWELL OF FEDERAL RESERVE: NO COMMENT ON MONETARY POLICY IN SPEECH
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After gold prices reached a new all-time high of USD 2,431, a sharp pullback between mid-and late-April created confusion and misjudgments even among leading analysts. Nevertheless, a strong recovery found its way back to the top. While gold achieved its first weekly close above USD 2,400 ever, silver has been breaking through its key resistance zone around ...
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As we have been banging on about for weeks, silver has finally broken the $30 level today, to reach its highest levels since 2013. Precious metals were looking strong even before the release of this week’s mostly weaker US data. But the weaker data has inspired fresh buying in metals and we could see gold set a new record too in the coming days. Our silver ...
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Gold prices hit an all-time high of $2,448.80/oz. on April 12, 2024, on the back of hotter-than-expected NFP, sticky inflation and rising geopolitical risk. These factors attracted inflow of funds as shown by increasing managed money long positions to around two-year high. Despite the pullback towards the end of the month as profit-taking and U.S. dollar ...