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Gold Miners Benefit as Record High Gold Prices Surge Amid Global Uncertainty — ASX:NCM| ASX Mining News & Discussion
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Lykeshares Official
$NCM Gold Miners Benefit as Record High Gold Prices Surge Amid Global Uncertainty
Newcrest Mining, Northern Star Resources, and other gold miners saw a significant rally as the price of gold reached a record high of $US1,980 an ounce. These companies, involved in the exploration, development, and production of gold, are reaping the rewards as higher gold prices translate into increased profitability.

The surge in demand for gold can be attributed to several factors:

Geopolitical Tensions: Escalating tensions between the United States and China have fuelled the demand for gold. The trade war, accompanied by sanctions, consulate closures, and diplomatic disputes, has increased uncertainty in global markets. Investors view gold as a safe-haven asset during times of geopolitical uncertainty.

Weakening US Dollar: The decline in the US dollar's value against major currencies has made gold more affordable for buyers in other currencies. As the US dollar weakens, the price of gold tends to rise, attracting international investors seeking to diversify their portfolios.

Negative Real Interest Rates: With ...
Gold Miners Benefit as Record High Gold Prices Surge Amid Global Uncertainty

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?