$Newmont (NEM.US)$ Hello everyone, good move on gold today reaching its all time high.  My prediction is we will likely hit 3,000 by year end.  I also expect gold at much higher prices for the next 2 years.  The reason of my view is historically institutions normally holds 2% of gold in their portfolio.  However due to recent strong years on equities in technology and AI stocks and also BTC and over all cryptocurrencies, institutions had been drawing down gold moving to equities and retailers mov...

$DBS Group Holdings (D05.SG)$, $OCBC Bank (O39.SG)$, and $UOB (U11.SG)$ recently announced their financial performance for the second quarter and first half of the 2024 fiscal year. Investors are closely monitoring the financial results and outlook of these local banking giants.
The second quarter and the first half of FY2024 have been strong for OCBC and DBS. Both banks recorded improvements in net interest income, net fee and commission inco...

US Consumer Spending Slows
$Disney (DIS.US)$ reported better-than-expected earnings and revenue for the June quarter on Wednesday, with its streaming service turning a profit for the first time. The company also raised its full-year profit guidance. Despite positive results, shares fell over 4% due to ongoing concerns about its theme park business.
Revenue from U.S. and Canadian parks dropped 6% year-over-year to $1.35 billion, while internatio...