Indians combining gold jewellery purchases with investment buys, says IBJA official
Indian demand for gold remains one of the dominant global forces in the bullion market with consumers increasingly combing jewellery purchases with investment buying in coins and bars, according to Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.
“This strong appetite for physical gold has supported prices and helped narrow discounts to international benchmarks.
Read MoreTwo Sector ETFs Are Quietly Outperforming the S&P 500 Without a Single AI Stock
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The State Street SPDR S&P Biotech ETF (XBI) gained 25.19% year-to-date through early November.
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The iShares MSCI Global Silver and Metals Miners ETF (SLVP) surged 171.97% year-to-date as silver prices broke $57 per oz.
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Read MoreTrump’s Potential Fed Chair Pick: How It Could Impact Interest Rates and ETFs
President Trump recently made headlines by saying he “knows who he is going to pick” as the next Federal Reserve chair — though he declined to name the individual publicly. At the same time, he reiterated harsh criticisms of current Fed Chair Jerome Powell, complaining that the Fed has been too slow to cut interest rates.
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Read MoreTwo Sector ETFs Are Quietly Outperforming the S&P 500 Without a Single AI Stock
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Prognostications that the AI bubble is grossly overbought have been increasing. The fact that the Magnificent 7 AI stocks, such as Microsoft (NASDAQ: MSFT),
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Read MoreSocial Security benefits will set a record next year, and retirees in these 5 states can expect to see the greatest COLA increases. Here's why
The new year will bring a Social Security cost-of-living adjustment (COLA) of 2.8%,
The Burst
1 Top Trader Just Bought Netflix
Is Netflix breaking out? If you are to believe Mark Minervini, a renowned trader with a very successful track record, the answer is yes, but there’s more to the story than meets the eye.
First let’s take a look out at the chart highlighting the recent breakout above resistance of Netflix. As you can see a few days ago the share price peeked above resistance,
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Read MoreThe Ivy
Beware: 1 Major Hit To Your Portfolio If You Sell Now?
Have you ever wondered how much short-term versus long-term taxes actually affect your net worth and portfolio over time?
Let’s imagine a $100,000 portfolio goes up 20% annually and is taxed at the end of the year at 33% due to short-term capital gains. What would the portfolio grow to after 10 years?
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Read MoreThe Spotlight
Scintillating Growth Stock Scooped Up by Billionaire
Stanley Druckenmiller, net worth $6.4 billion, is widely considered one of the world’s best investors. His biggest claim to fame is the fact that in its 30 years of operation, Druckenmiller’s hedge fund Duquesne Capital never had a down year.
Druckenmiller closed his hedge fund after the global financial crisis and opened a smaller,
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