Gold Demand Surges In First Quarter

By Tyler Durden, Via SchiffGold.com, Gold demand surged to kick off the year, up 34% year-on-year in the first quarter of 2022. Total demand came in at 1,234 tons in Q1. That was the highest quarterly demand since Q4 2018, according to the World Gold Council’s Gold Demand Trends report. Demand in the first quarter […]

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Oil Spikes After EU Says Russian Embargo ‘Imminent’ As Germany Drops Opposition

By Tyler Durden, After throughout the whole month consistently rejecting a proposed European Union ban on Russian oil, but while also walking a delicate tightrope of opposing Putin’s demand of payments in rubles for Russian energy, Germany is now ready to pull the trigger on an embargo. It’s another major Berlin U-turn happening in tandem with […]

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Ukraine Bans Bitcoin Purchases With National Currency Amid Martial Law

By Tyler Durden, Authored by ‘NAMCIOS’ via BitcoinMagazine.com, Ukraine’s central bank is prohibiting bitcoin buys with the hryvnia in an attempt to prevent what it calls “unproductive” capital outflows. The Ukrainian central bank has banned bitcoin purchases with the national fiat currency. The bank said the move seeks to prevent “unproductive” capital outflows in a […]

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Amazon Signs Lease For Largest US Property Ever, Locking Up 4.1 Million Square Feet And 370 Acres In California | ZeroHedge

From: zerohedge Amazon Signs Lease For Largest US Property Ever, Locking Up 4.1 Million Square Feet And 370 Acres In California | ZeroHedge Amazon just signed a lease for its largest piece of property in the U.S. ever.  The company just signed a lease for an astounding 4.1 million square feet in Ontario, California, marking […]

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California, Hawaii See Largest Share Of Homes Selling For $1 Million Or More

By Tyler Durden, One of the most dominant stories since the COVID pandemic began has been the fiercely competitive housing market. The median sales price of a home in the US climbed above $400,000, as aggressive bidding wars drove home prices higher. The current challenges of the housing market have come from a potent combination of supply- […]

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Oil Jumps As “Second Wave Of Russian Oil Shock” Begins | ZeroHedge

From: zerohedge Oil Jumps As “Second Wave Of Russian Oil Shock” Begins | ZeroHedge After sliding yesterday in what is an increasingly bitter feud between traders of bullish traders of physical oil and bearish hedge funds, on Thursday oil gained as growing challenges to supply eclipsed concern about the fading threat to energy demand from […]

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A Shocked Wall Street Reacts To The Netflix Implosion

By Tyler Durden, For the second quarter in a row, Netflix stock has cratered after reporting earnings: NFLX plunged 28% – losing $42 billion in value – after the company announced that not only did its paying subs shrink for the first time since 2011 in the first quarter, but the company forecast the loss […]

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Wall Street Interns Are Making Up To $16,000 A Month | ZeroHedge

From: zerohedge Wall Street Interns Are Making Up To $16,000 A Month | ZeroHedge As we have documented in the past, there is ravenous competition for talent on Wall Street, as large investment banks juice up perks to try and retain workers.  Now, even interns are seeing the benefit. Some interns are even making as […]

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Futures Flat As Yen Discombobulation Extends To Record 13th Day | ZeroHedge

From: zerohedge Futures Flat As Yen Discombobulation Extends To Record 13th Day | ZeroHedge After some jerky rollercoaster moves in Monday’s illiquid trading session, which jerked both higher and lower before closing modestly in the green, US futures resumed their volatility and at last check were trading flat after earlier in the session rising and […]

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Margin Debt Drops Further Amid Imploding Highfliers: Not A Good Sign For Stocks

By Tyler Durden, Authored by Wolf Richter via WolfStreet.com, There are other types of stock market leverage, and no one knows how much leverage there is in total. Margin debt is the only reported indicator… Margin debt – the only type of stock market leverage that is reported regularly – dropped by another $36 billion, […]

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