Objections to 100 Percent Gold

Who Exactly Is Going To Be Earning More With AI? By Michael Every of Rabobank May The Warsh Be With You After having written about AI for two days in a row, it wasn’t the intention to do so again today. However, developments on the ground are accelerating while those responsible for dealing with the fallout are failing to understand what the immediate implications are. Two short movies were just made with AI for pennies, in hours, both more entertaining than anything Hollywood has splurged onto our screens in some time. (The latest...

Futures Slide After Google Earnings, Oil & Bond Yields Jump On Houthi Escalation US equity futures are lower as WTI breaches $90/bbl and Brent approaches $100/bbl (Houthi escalation in the Red Sea as two Saudi tankers were struck), pushing bond yields higher with longer-dated yields seen making new highs, globally. But, Alphabet's underwhelming results - while dragging down Mag7 names - are boosting Semis / AI (CapEx spend) which may mean the market is returning to its barbell of longs in AI / Semis plus Energy versus shorts in Rate-sensitives. * ...

Senator Finds More Evidence Federal Officials Evaded FOIA Authored by Zachary Stieber via The Epoch Times (emphasis ours), A U.S. senator and his team say they have uncovered additional evidence that federal officials worked to evade requests made under the Freedom of Information Act (FOIA). Sen. Ron Johnson (R-Wis.) speaks during an interview with The Epoch Times at his office in the Hart Senate office building in Washington on March 21, 2024. Madalina Vasiliu/The Epoch Times Several emails obtained by Sen. Ron Johnson (R-Wis.) showed personnel with the Food and Drug Administration and...