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Which Countries Produced The Most Gold In 2023?

Which Countries Produced The Most Gold In 2023?

Image Source: Pixabay  Where does the world’s gold come from?Mine output rose modestly by 1 percent in 2023 to 3644.4 tons, but it still hasn’t recovered to pre-pandemic levels.Gold production had flatlined even before the pandemic. After slowing for several years, gold mine output fell by 1 percent in 2019. Although that year marked the first […]
Palm Collective launches new platform for Web3 creators, announces $1,000 art contest

Palm Collective launches new platform for Web3 creators, announces $1,000 art contest

Palm Collective, an open-source, web3 community-powered initiative backed by Consensys and Polygon, has unveiled the Obscura Community, a platform designed to bolster Web3 artists, as shared by Palm Collective today. Along with this launch, the project has also announced a $1,000 art contest to “celebrate the community’s birth and womxn’s month.”The contest, dubbed “Call x […]
Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, March 11

Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, March 11

The S&P 500 was unchanged and the Nifty rose last week. Indicators are bullish for the week. Markets are topping. We are transitioning from an inflationary regime to a deflationary collapse. The Nifty has started to correct and will likely underperform. We are way overbought short-term and are overdue a pullback here to as low as the 50 DMA soon, as we embrace bearish seasonality.The past […]
Traders Position Ahead Of Tuesday’s US CPI

Traders Position Ahead Of Tuesday’s US CPI

Image Source: Pixabay  We haven’t seen all that much going on, at least in traditional markets on this Monday thus far. We say traditional markets because cryptocurrencies have been on fire, with Bitcoin easily extending its run of record gains.Video Length: 00:01:09More By This Author:Yield Differentials And Policy Divergence Market Celebrating Fed Chair Testimony Investors pleased […]
EU’s Policy Crisis: Falling Behind US In Productivity

EU’s Policy Crisis: Falling Behind US In Productivity

Image Source: Pexels  Quick Look The EU lags significantly behind the US in productivity, sparking a competitiveness crisis. Contributory factors include demographic differences, work hours, and the impact of the Ukraine conflict. Calls for stimulating investment in public and private sectors to rejuvenate the EU economy. Recent figures have unveiled a stark reality: the EU‘s economy is […]
Employment Data Contradicts Itself

Employment Data Contradicts Itself

Image Source: Pixabay  “Davidson” submits: Establishment Survey rises 275,000 while the Household Survey declines -184,000. The difference between these reports is assumed to be the level of self-employed which declined to levels near the COVID lockdown level. Some analysts have claimed the data has been manipulated to support the current administration’s reelection chances. The claim comes […]
Can Silver Follow Footsteps Of Gold And Stage Major Breakout?

Can Silver Follow Footsteps Of Gold And Stage Major Breakout?

Image Source: Pixabay  After gold hit repeated all-time highs last week, silver may finally come out of its multi-year consolidation and start catching up with the yellow metal this week. A move towards $30 is not too optimistic. But there is no major reason why the grey metal cannot go on to achieve its own record […]
Crypto products see record-breaking $2.7b inflow in a single week

Crypto products see record-breaking $2.7b inflow in a single week

Crypto investment products registered $2.7 billion in inflows over the last week, a new weekly record, according to a report from asset management firm CoinShares. This capital injection has propelled the year-to-date total flow to $10.3 billion, nearing the all-time high of $10.6 billion recorded for the entirety of 2021. Bitcoin has been the primary […]
US CPI This Week May Be Disaster For Record-Level Stocks Market

US CPI This Week May Be Disaster For Record-Level Stocks Market

Can Record-High Stocks Market Hold Its Ground? This week’s upcoming inflation reports carry significant weight as they provide a clearer insight into the interest rate trajectory ahead of the imminent Fed policy meeting. With stock markets soaring to unprecedented highs, investors are treading cautiously, wary of potential repercussions.Let’s delve into the key components:  CPI ReportScheduled […]
Elliott Wave Technical Analysis: Apple Inc. – Monday, March 11

Elliott Wave Technical Analysis: Apple Inc. – Monday, March 11

Image Source: Unsplash  AAPL Elliott Wave Analysis Trading Lounge Daily Chart, 11 March 2024Apple Inc., (AAPL) Daily ChartAAPL Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: Corrective  STRUCTURE: FlatPOSITION: Minor wave 2.  DIRECTION: Completion of wave {c} of 2.  DETAILS: We are looking at further downside in what could be a corrective wave 2, but we do not […]