Hints and tips:
...“On Friday last week, this was trading with a greater than 90 per cent probability of success and now it is trading like a coin flip,” said one large hedge fund investor....
...Had the 47-year-old held on to all of his bullion until now, it would be worth $120,000....
...Moreover they are supposed to keep the equivalent amount in dollars in reserve. As the crypto market recovers from its 2022 nadir, these coins are grabbing serious attention....
...There are about 6,300 tokens issued weekly by bitcoin but the ETFs have bought around 50,000 coins in that period. QED....
...Would-be homebuyers who have been dreaming of Federal Reserve rate cuts might need to dial down their hopes....
...Letter in response to this editorial:Bitcoin loses its lustre next to gold bullion / From Alex J Pollock, Senior Fellow, Mises Institute, Lake Forest, IL, US...
...struck reinsurance agreements with some of the insurance units Berkshire acquired as part of its takeover of Alleghany, taking on 50 per cent of their possible claims in exchange for more than $5bn in loss reserves...
...The next worst performer, Valley National, is down 25 per cent. NYCB is alone. So are we all whistling past the graveyard?...
...Among regional banks, Bank OZK and Valley National Bancorp stand out, with high exposure to CRE loans but low CRE reserve ratios, according to Morgan Stanley research....
...There are some similarities with other stablecoins on the market.Coin operators usually put their reserves backing the stablecoin in liquid assets such as short-dated US government bonds....
...The government franchised its constitutional power to “coin money” to private bankers....
...And while Treasury bond prices have rallied, Trump’s stance on fiscal policy — and the Federal Reserve — is another risk....
...The writer is an FT contributing editor In August at the Jackson Lake Lodge in Grand Teton National Park in Wyoming, the chair of the Federal Reserve usually takes a walk....
...Analysts cite various explanations, from the new models’ capability to connect directly to Starlink satellites to the squeeze on foreign currency reserves already strained by the sanctions....
...Tether, with a $100bn market capitalisation, is three times bigger than its next rival — effectively serving as crypto’s reserve currency....
...Guyana is facing Venezuelan threats to annex more than half of its territory, including oil reserves in its exclusive economic zone....
...In the Diebold and Venator cases, Jackson Walker was assisting national firms, Jones Day and Kirkland & Ellis, respectively....
...“With the National Holiday looming, the demand and consumption for gold accessories will continue to rise,” said Ye Qianning, an analyst with GF Futures in Guangzhou....
...There were, he said, few deals that offered the kind of transformative impact past takeovers have had, such as its purchases of insurers Geico and National Indemnity or the BNSF railroad....
...However, the bank abruptly turned seller in March, with outflows of 15 tonnes of gold followed by a further 81 tonnes in April, the WGC said, amid a surge in demand in Turkey for bars and coins....
...Economic data: An ADP national employment survey is projected to show that the US added 145,000 private sector jobs in January, down from 164,000 in December....
...David Franks, a modern-day gold bug, holds more than £2mn in bars, coins and mining stocks but has otherwise steered clear of investing in the equity markets....
...The stablecoin’s reserves would be held in US dollar deposits, short term Treasuries and other assets, the company added....
...Sun denies any connection, Sun is also the inventor of an “algorithmic” crypto dollar coin, USDD ($72mn in circulation)....
...Expectations of interest rate increases dim the attraction of gold for investors as they miss out on the yield on bonds by holding bullion, which is non-yielding....
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