Lots of Fed speak today. All of it hits as September's mixed jobs report adds some new uncertainty over whether the Fed will move ahead with the December rate cut. Joining us right now is Richard Fiser.He is the former Dallas Fed president, also a CNBC contributor. And Richard, we have talked so much about will they or won't they um that it gets a little tiresome, but you see the action with the market yesterday and it makes you realize that you know the market is kind of hinging to some extent on what the ...

Core Insights - The article discusses financial figures, specifically mentioning amounts of $5000 and $60, but lacks context or detailed analysis regarding these figures [1][2]. Group 1 - The article presents two financial figures: $5000 and $60, but does not provide any additional information or context regarding their significance [1][2]. Group 2 - The author, Neils Christensen, has extensive experience in journalism and has been focused on the financial sector since 2007, indicating a strong background in financial reporting [3].

Monetary Policy - Israel's central bank will proceed "very cautiously" with interest-rate cuts [1] - The cautious approach is due to uncertainty surrounding the US-brokered ceasefire deal with Hamas [1]

Gold thrives in times of uncertainty. But the scale and the speed of today’s rally exposes deeper concerns about the global economy. For the latest on the gold rush, listen to the Big Take podcast https://t.co/e1vy03yNRW https://t.co/m4cimvD1N9 ...

Core Insights - The Mt. Gox saga has resurfaced as blockchain analysts observe new activity in the exchange's wallets for the first time in seven months, coinciding with an impending repayment deadline [1] - Mt. Gox holds approximately 34,000 Bitcoin, valued at over $3.88 billion, that must be repaid to creditors by October 31, 2025 [2][3] - Concerns are rising regarding potential market sell-pressure as the repayment deadline approaches, especially if the trustee does not secure another extension [3][4] Market Dynamics - The repayment process began in July 2024 after nearly a decade of legal proceedings, marking a significant milestone for creditors [5] - Analysts express concerns that the current market may not absorb the 34,000 Bitcoins as effectively as in previous instances, where over-the-counter (OTC) demand played a crucial role [6] - The current market environment is characterized by weakening liquidity and declining institutional demand, which could exacerbate volatility if the Bitcoins enter public markets directly [6][7] Corporate Strategies - Strive (ASST) has announced plans to adopt a Bitcoin purchasing strategy similar to MicroStrategy, intending to acquire Bitcoin as a corporate treasury asset starting in May 2025 [8]

Gold thrives in times of uncertainty. But the scale and the speed of today’s rally exposes deeper concerns about the global economy. @sarahsholder and @jackryanldn25 unpack the factors pushing up gold on the Big Take podcast. https://t.co/hhFmybolqz ...

Economic Uncertainty - ECB Governing Council member José Luis Escrivá warned of unprecedented levels of uncertainty [1]

Silver's been a hot trade, too. Up 67% this year. But to Josh Brown's point, today silver finally passed its 2011 high.Still hasn't gotten back to its all-time high set in 1980. So, are metals just having some temporary shine or has something permanently changed. Joining us now is John Champaga, uh, Sprat Asset Management CEO.Uh, SPAT has several ETFs focused on gold and silver. Uh John, what do you say. Uh is is it different now with gold.Is it going to double maybe again over the next 3 to 5 years. Yeah. ...

Gold Market Trends - Gold prices are up by more than 40% year-to-date, reaching $3,730 per ounce [1] - Central bank buying has doubled the historical rate, acting as a leading indicator for gold's upward movement [2] - Institutions and retail investors started getting involved in the gold market around mid last year [2] Factors Influencing Gold Prices - General uncertainty in geopolitical and economic categories is driving gold prices [4] - Concerns about potential Fed rate cuts are influencing gold prices [3] - The market is implying about 50 basis points of cuts for the remainder of the year [7] Gold vs Bitcoin - Gold has a proven history as a store of wealth and is a real, physical asset independent of institutions [6] - Bitcoin has emerged as an alternative store of wealth [5] Fed Policy Impact - A 25 basis point cut by the Fed is expected and will likely be well-received by the gold market [7] - The direction of the Fed's policy, particularly regarding dollar depreciation, is crucial for gold's performance [8]

Core Argument - Embracing uncertainty can lead to better decision-making, improved mental health, and enhanced experiences [7][8][10] - Avoiding uncertainty may lead to suboptimal choices and acceptance of misinformation [4][6] Supporting Evidence - Research indicates that individuals and even animals (pigeons) often prefer predictable outcomes, even if they are less rewarding [2][3][4] - A meta-analysis of over 50,000 people suggests a correlation between intolerance of uncertainty and increased anxiety and depression [7] - Uncertainty is essential for hope, suspense, and the enjoyment of live events [10][11] - Studies show that uncertainty can enhance positive experiences [12][13] Practical Implications - Recognizing uncertainty as a natural part of life is crucial [15] - Deliberately engaging in safe experiences of uncertainty can increase comfort with the unknown [16] - Awareness of what one doesn't know is a valuable asset [8][15][16]