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Paul Atkins faces hesitation about taking SEC chair role, reports say

Paul Atkins faces hesitation about taking SEC chair role, reports say

Key Takeaways Paul Atkins is hesitant to accept the role of SEC chair due to perceived mismanagement under Gary Gensler. Atkins is reluctant due to the workload and his current role at Patomak Global Partners. Share this article Paul Atkins, former SEC commissioner and crypto industry supporter, is reportedly hesitant to accept the role of […]
Warning Shot: China Bans Exports Of Gallium, Germanium To U.S. As Tit-For-Tat Chip War Escalates

Warning Shot: China Bans Exports Of Gallium, Germanium To U.S. As Tit-For-Tat Chip War Escalates

Image Source: Pixabay The Biden administration’s new restrictions on China’s semiconductor industry have triggered a tit-for-tat response from Beijing, which announced an export ban on gallium, germanium, antimony, and other critical minerals with potential military applications to the US. Bloomberg reports that the Chinese Commerce Ministry announced the new export controls on Tuesday morning, adding that tighter controls on […]
XRP Q3 Overview: Key Metrics Suggest A Bright Future For The Third Biggest Crypto

XRP Q3 Overview: Key Metrics Suggest A Bright Future For The Third Biggest Crypto

Image by WorldSpectrum from Pixabay   At the end of the third quarter of the year, XRP, the native token of the XRP Ledger (XRPL), solidified its position as the seventh-largest cryptocurrency by market capitalization, reaching approximately $34.7 billion. This represents a notable 31.1% increase in its circulating market cap quarter-over-quarter (QoQ) compared to Q2. The XRP price also experienced a significant […]
Gold Bullish Cycles In Play

Gold Bullish Cycles In Play

The coming Trump presidency is likely to be exciting, but a lot is unknown.Investors need solid tactics to handle commodities, the stock market, bonds, crypto, and of course supreme money gold. Basis the Shiller/CAPE ratio, the US stock market just became the second most overvalued in the history of the nation!For a look at the […]
Softs Report – Tuesday, Dec. 3

Softs Report – Tuesday, Dec. 3

COTTON General Comments: Cotton was lower yesterday and the trends are sideways. Selling came from news that Trump will impose some big tariffs on China, but the tariffs posted were not as high as he had threatened before during the campaign. Support came from a very strong weekly export sales report as some buyers look […]
Food Prices Drive A Higher-than-Expected Rise In Turkish Inflation

Food Prices Drive A Higher-than-Expected Rise In Turkish Inflation

Image Source: Unsplash Turkey’s inflation rate came in at 2.2% in November, higher than the market consensus (1.9%) and our call of 1.8%. However, the annual figure has maintained its declining trend and fell to 47.1% from 48.6% a month ago as a result of favourable base effects (inflation stood at 3.3% in November 2023). Cumulative inflation reached 47.1% vs […]
BREAKING: Trump picks pro-crypto Paul Atkins as SEC chair

BREAKING: Trump picks pro-crypto Paul Atkins as SEC chair

Key Takeaways Donald Trump selected pro-crypto Paul Atkins for SEC chair, pending acceptance. Atkins, a former SEC commissioner, has supported the crypto industry and advised finance companies. Share this article President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner known for his support of crypto, to lead the Securities and Exchange Commission, Unchained […]
PLTR Hits 52-Week High After FedRAMP Authorization, Opening New Doors For The Firm

PLTR Hits 52-Week High After FedRAMP Authorization, Opening New Doors For The Firm

Image courtesy of 123rf.com Palantir Technologies Inc. (NYSE: PLTR) has announced a critical achievement in the realm of government cloud services by securing the FedRAMP High Authorization for its Palantir Federal Cloud Service (PFCS) and its supporting services.This authorization, which covers the full suite of Palantir products, including AIP, Apollo, Foundry, Gotham, FedStart, and Mission Manager, marks a […]
Trump’s Tariffs: Potential Impact On Gold & Silver

Trump’s Tariffs: Potential Impact On Gold & Silver

Image Source: Unsplash Over the past week, gold prices have remained steady, increasing slightly from USD $2627/oz to $2642/oz. Silver saw moderate gains as well, thanks to strong demand from industries like renewable energy and automotive manufacturing. Growing use of silver in green technologies and a global recovery in manufacturing supported this growth. However, increased silver […]
S&P 500 Cools From Post-Election Record Highs

S&P 500 Cools From Post-Election Record Highs

The Dow Jones Industrial Average (DJI) is down triple digits this afternoon, as traders unpack this morning’s jobs data. U.S. job openings rose to 7.74 million in October, topping expectations of 7.5 million and pointing to a stronger labor market.The S&P 500 Index (SPX) is modestly lower as well, while the Nasdaq Composite (IXIC) holds on […]