Japanese Investors Shed $60 Billion in Treasuries as Soaring Currency Hedging Costs Make European Debt Opportunities More Attractive
Something big is happening in Japan. Investors have traditionally flocked to the Japanese yen when the economic landscape gets choppy, gripped with the belief that the currency will retain its value even amid global market volatility. However, with a war-torn Ukraine, inflation soaring to historic highs across developed nations, and stock markets sliding sharply downwards, […]
MyPillow CEO Mike Lindell Returns To Twitter After 2021 Ban, Gets Suspended Again Just Hours Later
Mike Lindell, founder and chief executive of MyPillow announced his return to Twitter on Sunday after being banned in 2021, only to be banned again about three hours later. The MyPillow CEO posted using a new account on Sunday afternoon, saying “Hello everybody, I’M BACK ON TWITTER. My only account is @MikeJLindell! Please RT and […]
Biotech Firm HilleVax Prices US$200 Million IPO
Biopharmaceutical company HilleVax, Inc. (Nasdaq: HLVX) began trading on the Nasdaq Global Select Market on Friday. The firm’s initial public offering is looking to raise US$200.0 million and is expected to close on May 3, 2022. The offering consists of 11.8 million common shares selling at US$17.00 per share. J.P. Morgan, SVB Securities, Stifel, and […]
Is The US Economy Falling Into A Recession? – The Daily Dive
Starting off the week on the Daily Dive is Rick Rule, the former President and CEO of Sprott US Holdings. Rick joins us today to provide his take on whether the US economy is entering a recession, Canada’s issuance of US dollar denominated bonds, and whether food inflation is about to hit the average household’s […]
Blackrock Silver Reports 42.6 Million Silver Equivalent Ounces At Tonopah West Mineral Resource Estimate
Blackrock Silver Corp. (TSXV: BRC) reported today the maiden mineral resource estimate for its Tonopah West project in Western Nevada. The report effective April 28, 2022, contains 42.6 million silver equivalent ounces at 446 g/t AgEq in the inferred category. The estimate consists of 19.9 million silver ounces at 208 g/t silver and 238,000 gold ounces […]
The Average Monthly Mortgage Payment In The US Is Approaching $1,400
The housing market appears to be headed in a direction that is undesirable for many households. The latest data compiled on the matter, which was conducted by Apollo Global Management, indicates that the average monthly mortgage in the United States is approaching $1,400 on existing homes sold. Perhaps more significantly, the data was combined via […]
Buffett Shuns Bitcoin Anew: “It Isn’t Going To Do Anything”
Speaking at the annual Berkshire Hathaway (NYSE: BRK.A) shareholder meeting, Chairman and CEO Warren Buffett reiterated his distrust of bitcoin. “If you said… for a 1% interest in all the farmland in the United States, pay our group US$25 billion, I’ll write you a check this afternoon,” Buffett commented. “Now if you told me you […]
NIO Sees Decline In Deliveries In April 2022, Delivers 5,074 Electric Vehicles
NIO Inc. (NYSE: NIO) reported on Sunday that it has delivered a total of 5,074 electric vehicles during the month of April 2022. This is lower than March 2022’s deliveries of 9,985 vehicles. The deliveries for the month put the company’s running 2022 total deliveries at 30,842 vehicles, a 13.5% year-on-year increase. “In late March […]
Gratomic Intersects 11.16 Metres Of 13.13% Total Graphitic Carbon At Brazil Project
Data on the first eight holes of an ongoing drill program being conducted by Gratomic Inc (TSXV: GRAT) were released this morning. The results come from the firms Capim Grosso graphite project, which is found in Bahia, Brazil. Drilling at the property is currently being conducted under a 5,000 metre drill program. To date, 1,734 […]
Emerita Resources Requests Delay In Administrative Court Hearing For Aznalcollar
Emerita Resources (TSXV: EMO) has requested a delay in the administrative court proceedings as they relate to the awarding of the Aznalcollar project in Spain. The request was conducted on the advice of the firms Spanish legal council. While shareholders may be quick to come to conclusions on the decision, the company explains that the […]