Jan 13, 2023
A new online survey conducted by Kitco shows that most retail investors expect silver and gold to be top performers this year. Silver ended 2022 up by almost 3% while gold finished flat. Spot silver kicked off 2022 at $23.28 an ounce and ended it at $23.93 an ounce, while spot gold opened last year at $1,828 per ounce and ended the year at around $1,822 per ounce.
Carsten Fritsch, an analyst at Commerzbank, stated that the price of gold was at the same level it was when 2022 began. Precious metals faced their biggest macro hurdle last year when the Federal Reserve tightened its cycle, causing a…
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Anthropic CEO Dario Amodei seems to believe that he, the American artificial intelligence (AI) industry and the United States are the only ones who should have the right to determine the fate of humanity. While he pays lip service to involving other democracies in AI development, which ones remotely approach the technological capacities of the US and China? Do other non-democratic developing countries not count? His self-belief is far more dangerous than mere commercial greed. Like Peter Thiel,...
Ukrainian President Volodymyr Zelensky said on Sunday he believed Russia may have shared jet-drone technology with its long-standing ally North Korea. In recent weeks, Russia has sharply increased its use of jet-drones against Ukraine, which so far has no effective means of countering them other than using combat aircraft. Earlier in the war, North Korea supplied Russia with millions of artillery shells and it has since provided ballistic missiles that Moscow regularly uses to attack...
A march protesting against the imprisonment of former Pakistani prime minister Imran Khan kicked off in northwest Pakistan on Sunday after talks to avoid the demonstration stalled. Authorities have been preparing for weeks for the possible arrival of demonstrators in Islamabad, with the march planned by supporters of Khan’s Pakistan Tehreek-e-Insaf (PTI) party originally slated for September 27 and then postponed until Sunday. Videos posted on PTI’s official social media showed supporters...
For American and Chinese people interested in the outcome of the latest summit between China’s President Xi Jinping and US President Donald Trump, their conclusions could not be more different if they turn to the media and pundits for guidance. Chinese state media spared no superlative, echoing the official description of the summit as: forging the right way for the major powers to get along and writing a new chapter in ties. It played up the fact that Trump gave Xi the highest-level reception...
Thousands of young protesters and opposition parties staged protests in the national capital and Mumbai on Sunday, demanding the resignation of Election Commission Chief Gyanesh Kumar, as police detained demonstrators for a third consecutive day. Opposition leaders Raj Thackeray and Uddhav Thackeray led protests in Mumbai calling for the scrapping of revisions to the electoral roll and Kumar’s resignation. In Delhi, protesters started gathering in the early evening and police started...
Nearly 1,500 Myanmar nationals who were sent back from Malaysia arrived in the country’s largest city on Sunday despite warnings from the UN refugee agency and rights groups that conditions for return remain unsafe. Myanmar has been in turmoil since the military seized power from the elected government of Aung San Suu Kyi on February 1, 2021, triggering widespread opposition and plunging large parts of the country into conflict. The returnees, including 86 women, have been convicted of staying...
A treaty from the 1960s declared that nobody can own outer space. Half a century later, billionaires and superpowers see fortunes to be made nonetheless.
The United States wants a reactor on the moon by 2030. A Russian-Chinese alliance is working on one for 2036. Some leading scientists say the danger is great.
The matter threatened to revive tensions over the American military presence on the Japanese archipelago.
A cluster of whale and whale shark strandings across Indonesia – five in the past three weeks alone – has raised questions over whether such incidents are becoming more frequent, with experts pointing to a mix of environmental shifts, human activity and improved reporting as possible explanations. On September 25, a whale shark became stranded and died on a beach in Aceh province, just days after a decomposed whale carcass was discovered in a mangrove in Riau province. Another whale was found...
A 20-year-old US marine was arrested on Sunday in Japan’s Okinawa prefecture on suspicion of robbing and murdering a local woman, police said. Davin Ballard stationed at the Futenma Airbase is suspected of killing Anna Yagi, 39, and taking her wallet and backpack in the early hours of Saturday at a hotel in Naha, according to the Okinawa prefectural police. The suspect has denied the charges, they added. Ballard was seen entering the hotel with Yagi, who was found dead on Saturday morning,...
Three male students have been detained by police in connection with the murder of a Form Four female student whose body was discovered at a school in Yong Peng, Malaysia’s Johor state, on Saturday. The victim, identified as 16-year-old Irene Sofiya Mohd Khairool Faisal, was found dead inside the school hall at around 5.30pm, Sinar Harian reported. Police arrested the three 16-year-old suspects, who attend the same school as the victim, just hours after the body was uncovered. On Sunday, one of...
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