Gold and silver prices continued to fall after an historic crash wiped out more than $7 trillion. That's about the combined GDPs of India, Indonesia and South Korea combined. We explore the reasons for the rout and whether this is just a sign of things to come.Live from Sydney, I'm Paul Allen. This is INSIGHT, where we dive deeper into the stories that matter with crucial context and sharp analysis. Although the nomination of Kevin Warsh as Fed chair helped to spark a sell off in precious metals, we look at ...

In the run up to the sell off on Friday, which was dramatic in nature, we'd started questioning the sustainability of this rally. Is it fair to say that a lot of that froth and that speculative positioning has come out, or is the clearing level going to be a lot lower. Martin.I think that some of that froth is definitely out. We saw we saw the biggest drop in in the decades for Gold Day last Friday, in fact. And it's down more than 5% again today.Look, I think throughout last week, all that kind of frenzied ...

>> THIS IS THE ASIA TRADE. >> YOUR TOP STORIES THIS HOUR, ASIAN MARKETS SET TO OPEN IN THE SHADOW OF RECORD GOLD AND SILVER PRICES. OIL IN FOCUS AS THE TOP LEADER OF IRAN WARNS ABOUT A REGIONAL WAR.AND MONEY MANAGERS INCLUDING BLACKROCK SHORING UP THEIR PORTFOLIOS AGAINST A FRESH BOUT OF INFLATION IF THE FED CHAIR NOMINEE BACKS DEEPER RATE CUTS. THE MODI GOVERNMENT UNVEILS A CAUTIOUS BUDGET TO PROTECT INDIA. SHERY: WE WILL WATCH FOR MARKET GYRATIONS GIVEN THE BIG MOVES WE SAW IN THE LAST COUPLE OF SESSIONS. ...

With food insecurity in the United States on the increase and cutbacks in SNAP food assistance, millions of Americans turn to local food banks to feed their families. Tami Wilson is COO of Feeding Westchester, which distributes 20 million pounds of food a year just north of New York City. She gave us a behind-the-scenes look at what they do every day to collect and distribute food to the needy.How do you get the food. How does it come to you. -Sure.So we have a variety of ways that we get food. We get food ...

This is a story about big money and big sports. They've gone together for years. But recently, there's been an explosion, whether it's pro teams selling for astronomical prices or college players receiving 7 figures for their name, image and likeness. Now big money is reaching down into high school and beyond as parents invest in the dreams of their kids. -The goal is to play major league baseball. Westin: Braison Hoffman is like many young kids in America, chasing big dreams and facing long odds. -It's wei ...

The Supplemental Nutrition Assistance Program, formerly known as food stamps, was created to help those who could not afford to feed their families. But over time, it's become harder to do that good, even as it's turned into an important part of the larger industry that provides food to Americans of all income levels. -You need help, and we're going to help you.We don't ask for specific details. If you show a need, we're going to be there. Westin: This may look like a lot of moving parts.-Watch your backs, ...

the US doesn't have the right to steal resources from other countries. I mean, I just think that that is, you know, it's and I also think the the action of of regime change, I think it's against international law. I mean, I I'm not going to defend it.There's they pose no threat. >> Is that what you would call it in Venezuela. Regime change, even though, >> well, what would you call it.Madura's deputy is well as in that the person who is supposedly in power in Venezuela today is Madura's deputy. >> Did you l ...

We want the next generation to choose their own path because we know that everything that we do, we need to have perspectives from all over the place so we're not giving them jobs. We're trying to guide them, but we want them to take their own decisions. So what they want to do and how they want to develop themselves.So how would you describe success. Giving them a sense of belonging or a sense of values. I think both of those is important and to be seen from from us, because of course, they look a lot at u ...

South Africa's appetite for betting is growing fast, according to the National Gambling Board, gross gambling revenue surged nearly 26% in the last financial year, driven largely by bookmakers and online platforms, which are now the dominant force in the industry. Stats South Africa data shows. Gambling and betting have expanded rapidly in recent years and now account for just over a third of income generated in the personal services industry.And as the money accelerates and betting embeds itself deeper int ...

The Trump administration has not been shy about taking ownership interests and otherwise participating directly in businesses that we otherwise thought were in the private sector. Our colleague Michael McKee brings us up to speed on what's been done so far. My administration will offer GM and Chrysler a limited additional period of time.It isn't a new practice. The government took stakes in auto and insurance companies during the great financial crisis, but it is a shift. At that time, the idea was to provi ...