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Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge
Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge
Gold demand during one of India's key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand, according to Reuters.
Indians celebrated Akshaya Tritiya, the second-biggest gold-buying festival after Dhanteras, when purchasing precious metals is considered auspicious. Only this time near record gold prices - the precious metal closed just over $4800 - kept buyer enthusiasm rather subdued.
"The sharp rally in prices curbed jewellery demand. In volume terms, buying was lower as consumers...
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Jun 26, 2026 / Tyler Durden
Musk's Starlink Plots To Become A Mobile Carrier; TD Cowen Sees Possible T-Mobile Buyout
Musk's Starlink Plots To Become A Mobile Carrier; TD Cowen Sees Possible T-Mobile Buyout
The signs were already in plain sight that Elon Musk’s Starlink was positioning itself to challenge the big three U.S. wireless operators: Verizon, AT&T, and T-Mobile.
One of the clearest signals was SpaceX's $17 billion deal for EchoStar wireless spectrum last year, followed by a recent trademark filing for "Starlink Mobile."
We noted in December:
SpaceX Trademark Filing Signals "Starlink Mobile" May Soon Take Aim At AT&T, Verizon
Now, the Financial Times reports that SpaceX Chief Operating Officer Gwynne Shotwell...
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May 3, 2026 / Tyler Durden
Will Black Voters Rescue The GOP In 2026?
Will Black Voters Rescue The GOP In 2026?
The Republican Party is bracing for a brutal midterm election this year. Polls show Democrats ahead in the generic congressional ballot, and prediction markets give them solid odds of taking the House and a modest chance of flipping the Senate. But despite polls and prediction markets, there are signs that the GOP could defy history.
And it comes down to black voters.
Could black voters actually be the secret weapon that keeps Republicans in power after the 2026 midterms? The numbers, at least according...
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Jul 3, 2026 / Tyler Durden
Canada Seizes 7 Tons Of Drugs, Fentanyl Chemicals, And Signal Jammers In China-Linked Narco Bust
Canada Seizes 7 Tons Of Drugs, Fentanyl Chemicals, And Signal Jammers In China-Linked Narco Bust
Submitted by The Bureau's Sam Cooper (emphasis our own),
A Burnaby RCMP investigation that began with a routine traffic stop last summer has ended in one of the largest drug-chemical seizures in British Columbia’s history — 6,765 kilograms of finished narcotics and fentanyl-production chemicals pulled from three homes and two shipping containers in Richmond, alongside tactical shotguns, cash, contraband cigarettes — and a multi-antenna device consistent with the signal jammers used to defeat electronic surveillance.
The Bureau assesses that...
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