Gold has surpassed Goldman Sachs target of 5.4k… and now, JP Morgan has an put an $8,500 target on it.
ECONOMIC UPDATE – MARKET OVERVIEW
As the old saying goes, what goes up must come down. And as Gerald Celente has warned on recent podcasts, the meteoric rise of gold, and especially silver, had parabolic growth that was unsustainable, and sooner, rather than later, the precious metals would come back to a stable balance.
FINANCIALIZATION AS GOVERNANCE
This is the current operating system of the USA- “Financialization as governance.” AND AN ENTIRELY NEW TOKENIZED SYSTEM IS ABOUT TO BE THRUST UPON US… AND YOU HAD BETTER BE PREPARED FOR IT.
WEALTH INEQUALITY IS NOW EMBEDDED IN U.S. ECONOMY
The financial distance between the richest and poorest Americans is continuing to widen and economists see nothing that will stop the trend, according to a new analysis by CNBC.
AS FORECAST: SLIDE TO NEW EUGENICS
A genomics screening startup is offering couples seeking to conceive a child via IVF (In-Vitro Fertilization) the opportunity to “Pick your baby” according to an array of desired genetic traits.
NETANYAHU CELEBRATES: ISRAEL WILL CONTROL REGION FROM THE ‘RIVER TO THE SEA’
Israeli Prime Minister Benjamin Netanyahu took a victory lap last week as President Donald Trump’s sham Board of Peace took hold in Gaza and said Tel Aviv will now “maintain security control over the entire area from the Jordan River to the [Mediterranean] Sea.”
TRUMP HAD SAID IRAN’S NUCLEAR FACILITIES WERE ‘OBLITERATED’ AND NOW HE WANTS TO OBLITERATE THE OBLITERATED
President Trump announced that U.S. military strikes had "completely and totally obliterated" key nuclear facilities in Iran.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
Coterra Energy and Devon Energy have agreed to merge into one company that will be a leading player in the U.S. shale oil and gas industry and a top producer in the shale-rich Permian Basin straddling Texas and New Mexico.
SPOTLIGHT: THE LUXURY INDUSTRY DECLINES FURTHER
The share price of LVMH, the luxury industry’s largest and richest conglomerate, dropped 7.9 percent on 27 January after reporting a 3-percent sales decline in its Dior and flagship Louis Vuitton brands.
SWISS FRANC SURGES ON DOLLAR’S WEAKNESS
Last week, the Swiss franc’s value climbed to 0.77 against the dollar after gaining more than 17 percent since the beginning of 2025.
U.S. Economy
GM FORECASTS $2-BILLION JUMP IN PROFITS THIS YEAR
Thanks to the popularity of its high-profit pickup trucks and full-size SUVs, General Motors projects its 2026 profit will rise as much as $2 billion, year on year.
CITI WILL TRAIN 175,000 WORKERS TO ‘REINVENT THEMSELVES’ WITH AI
Citi, a $205-billion U.S. megabank, will require 175,000 workers to learn to use artificial intelligence (AI), CEO Jane Fraser said in an interview with Fortune magazine.
U.S APARTMENT RENTS FELL TO FOUR-YEAR LOW IN JANUARY
Last month, the median monthly rent for a U.S. apartment was $1,353, down 1.4 percent year on year, Apartment List reported, and lower by 6.2 percent since they peaked in summer 2022.
Trends in AI
IN NEW FUNDING ROUND, OPENAI WANTS ANOTHER $40 BILLION FROM SUPPLIERS
OpenAI is back hunting for capital, looking for another $100 billion in a funding round that would value the company at $750 billion.
AI AS A HEATING UTILITY
AI data centers are vast campuses with tens or hundreds of thousands of chips and servers generating heat that has to be drained off. Instead of venting it, data center operators are starting to sell it.
ANTHROPIC CEO WARNS AGAINST AI WHILE HIS COMPANY ADVANCES THE TECH
In a 38-page essay, CEO Dario Amodei of AI contender Anthropic warns that AI heightens the risk of bioterrorism, dictatorships, labor market turmoil, and the greater concentration of wealth.
Hi-Tech Science
NEW METHOD DESTROYS “FOREVER” CHEMICALS FASTER AND EASIER
PFAS, a family of chemicals used since the 1940s to make things resistant to grease, stains, and water, have become known as “forever chemicals.”
BUILDING MATERIAL DRAWS ITS STRENGTH FROM CARBON DIOXIDE
A new building material from engineers at the Worcester Polytechnic Institute draws its strength from proprietary enzymes that turns carbon dioxide gas into particles of solid minerals.
CURING ARTHRITIS BY REGROWING CARTILAGE
The gradual wearing away of cartilage, the tough cushion of tissue that separates the bones in joints, is the chief cause of osteoarthritis, a painful and debilitating condition affecting more than 600 million people worldwide and as many as 20 percent of American adults, according to the World Health Organization.