Category: 6. Business
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National Bank of Poland Surges Gold Reserves by 22 Tonnes
The National Bank of Poland (NBP) has confirmed that its gold reserves surged by a substantial 22 tonnes in September. This significant addition brings the NBP’s total gold holdings to 420 tonnes, representing 16% of its overall reserves.
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What Are Realistic Upside Targets for the Price of Gold?
Peter Schiff, a well-known investor and respected voice in the financial world, has recently claimed that gold could surge by 20 to 50 times its current price. For starters, Schiff accurately predicted the 2008 financial crash and was… Continue Reading
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Apollo exec reveals thinking behind $11b Intel financing
How did the bank closures trend contribute to the development of the alternative investment market, what does the market include besides venture capital funds and private equity, and what does Apollo Asset Management offer customers… Continue Reading
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Silver is in a Hidden Global Bull Market
When will silver break out? When will silver start a bull market? Will silver ever be bullish given its tremendous lag compared to gold? Watch out – start by asking the right question What’s interesting about the conversation if and when… Continue Reading
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Oracle shelves plans to build data center in Israel
US tech giant Oracle (NYSE: ORCL) was one of the first companies to lease a powerful underground data center in Israel to supply its customers – banks, health funds, and defense forces, with AI processing services, data management… Continue Reading
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Iraq Central Bank Continues Gold Accumulation
The Central Bank of Iraq (CBI) has further expanded its gold reserves, adding 4 tonnes to its holdings in June and July. This brings the CBI’s total gold purchases for the year to 10 tonnes, lifting its overall gold reserves to 153 tonnes.
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Aptar Pharma buys Israeli drug delivery co SipNose
The Yokneam based company has developed a nasal drug delivery system to precisely target areas of the nasal cavity to enable enhanced systemic, local or even direct-to-brain delivery. … Continue Reading
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EU cancels recommendation not to fly to Israel
The European Union Aviation Safety Agency (EASA) has canceled its recommendation not to fly to Israel. This is a major step in the resumption of flights to Ben Gurion airport by many European airlines in the coming days. Bluebird… Continue Reading
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Australian miner opens options-based hedge
An A$800 million Australian mining company announced this week it is hedging exposure to gold and diesel prices for production in the 2025 calendar year. Pantoro, which referred to the move as a “gold price protection facility” fostered… Continue Reading
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BoI Governor: We must conduct responsible economic policy
Bank of Israel Governor Prof. Amir Yaron opened his remarks at the press conference following the Monetary Committee’s decision, which he heads, to leave the interest rate unchanged at 4.5% by saying, “The State of Israel is in a… Continue Reading