Gold's recent price correction closely follows the pattern of the 1970s bull market, suggesting the current dip is a normal part of a larger upward trend. Analyst Jeff Clark highlights a 95% correlation between today's market and the 1976-1980 rally, indicating gold could nearly triple if history repeats. Despite a sharp decline from January's peak and current economic challenges like inflation and rising interest rates, Clark views the correction as a buying opportunity and expects the bull market to continue for at least two more years. Structural factors such as rising debt and geopolitical risks support his long-term bullish outlook on gold.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
