Core Viewpoint - Goldman Sachs has significantly raised its gold price forecast for December 2026 to $4,900 per ounce from a previous estimate of $4,300, driven by strong demand in the West [1] Group 1 - The revised gold price forecast reflects a bullish outlook for the precious metal market [1] - The increase in the forecast indicates a growing confidence in gold as a safe-haven asset amid economic uncertainties [1] - The adjustment in price expectations suggests potential investment opportunities in gold-related assets [1]

Core Points - UBS Investment Bank announced coupon payments for 9 ETRACS Exchange Traded Notes (ETNs) traded on NYSE Arca and expected coupon payments for 3 ETNs traded on NASDAQ [1] - The ETRACS ETNs are linked to various indices, including the Alerian MLP Infrastructure Index, MarketVector US Business Development Companies Liquid Index, and Solactive US High Dividend Low Volatility Index [1][2] - The Current Yield for ETNs is calculated based on the quarterly or monthly coupon amounts and the closing indicative value, but it is not indicative of future coupon payments [3][4][9] ETRACS ETNs Overview - ETRACS ETNs are senior unsecured notes issued by UBS AG, traded on NYSE Arca or NASDAQ, and can be bought and sold through brokers or financial advisors [12] - The Expected Current Yield is based on the Expected Coupon Amount and the two most recent coupon payments, but it may vary significantly over time [9][10] - Coupon payments for the ETNs are variable and not guaranteed, with the potential for future payments to differ from the Expected Current Yield [9][10] Coupon Payment Details - Specific ETNs like HDLB, SMHB, and PFFL pay a variable monthly coupon linked to cash distributions, while others like MLPR and BDCX pay a variable quarterly coupon [5] - The notional cash distribution from the sale of options on GLD, SLV, and USO shares is expected to be withdrawn from the indices on October 13, 2025, affecting the coupon amounts for GLDI, SLVO, and USOI [7][8] - The Expected Coupon Amount for each ETN may change due to market disruptions or unforeseen circumstances [8][10]

Core Viewpoint - Silver Crown Royalties Inc. successfully closed an oversubscribed financing of $3.3 million, indicating strong investor demand and allowing the company to increase the offering size [1][2]. Financing Details - A total of 599,064 Units were sold at a price of $5.50 per Unit, resulting in aggregate gross proceeds of $3,294,852 [1]. - The offering was led by Centurion One Capital Corp. as the lead agent and sole bookrunner [1]. Use of Proceeds - The net proceeds from the offering will be utilized to finalize remaining royalty transactions and to expand SCRi's silver royalty portfolio by funding precious metal mining opportunities and processing facilities [4]. - Funds will also support the acquisition of new royalty opportunities, due diligence efforts, and administrative expenses to enhance growth and shareholder value in a strong silver market [4]. Securities Issuance - Each Unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire one common share at a price of $8.25 for a period of 36 months from the closing date [2]. - The securities issued are not subject to a hold period under applicable Canadian securities laws [3]. Broker Compensation - In connection with the offering, the company paid a cash commission of $263,588.16 and issued 47,925 broker warrants, each entitling the holder to acquire a Unit at the issue price for three years from the closing date [5].

For decades, the formula for a secure retirement was simple: save more. But new research from Goldman Sachs finds that for many younger workers, that approach is slipping out of reach. With rising costs eroding the ability to contribute extra, advisors are turning to more strategic tools to help clients build retirement wealth. The research, which surveyed 5,102 people in July, found that 42% of younger workers — spanning Generation Z, millennials and Generation X — say they're living paycheck to paychec ...

Gold (GC=F) climbed to new records on Wednesday as silver (SI=F) and bitcoin (BTC-USD) continued a run higher. Investors are looking for hedges against mounting government debt and a broader shift away from fiat currencies toward what some analysts have dubbed the "debasement trade." Gold futures blew past $4,060 per troy ounce to touch a fresh record, while silver futures (SI=F) climbed to $48.70, their strongest level in decades. Meanwhile, bitcoin sat near $123,000, hovering just below Monday's record ...

Core Insights - Spartan Capital Securities, LLC announced the closing of the second tranche of a registered direct offering for Multi Ways Holdings Limited, a leading supplier of heavy construction equipment in Singapore and the surrounding region [1][4]. Group 1: Offering Details - The second tranche consisted of 9,000,000 ordinary shares priced at $0.165 per share, along with warrants to purchase an additional 9,000,000 ordinary shares, resulting in aggregate gross proceeds of $1,485,000 from this tranche [2]. - Combined with the first tranche, the total gross proceeds raised through the offering amount to $2,970,000 [2]. Group 2: Warrant Information - Each warrant is exercisable at $0.198 per share and will remain exercisable for five years from the date of issuance [3]. Group 3: Use of Proceeds - Multi Ways intends to use the net proceeds for working capital and general corporate purposes [3]. Group 4: Company Background - Multi Ways Holdings supplies a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, serving customers across Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines [7].

Societe Generale hired a former HSBC banker to work on health-care mergers and acquisitions and bolster its US investment banking presence https://t.co/zCuPYrFtBM ...

Core Insights - Piper Sandler Companies has announced the addition of Eric Matthews and Keith Schellhorn as managing directors in its technology investment banking team, enhancing its capabilities in delivering high-quality advice and solutions [1] Company Developments - The new appointments are expected to strengthen Piper Sandler's client relationships and execution track record in the technology sector [1] - Eric Matthews and Keith Schellhorn are recognized as proven leaders within the investment banking industry [1]

Core Viewpoint - The gold market is expected to rise by 10% to 4300 by the end of next year, driven by strong inflows from central banks and ETF holders, rather than speculative positioning [1] Group 1: Central Bank Diversification - Central banks are underweight in gold, with the Chinese central bank holding about 8% of its reserves in gold compared to a global average of 20% [4] - The freezing of Russian central bank reserves in 2022 has prompted reserve managers to recognize gold as a safe asset [4] - Central bank surveys indicate record-high gold purchase intentions, suggesting a sustained trend of increased gold purchases over the next three years [5] Group 2: ETF Inflows - In September, ETF inflows into gold were six times larger than predictions based on a rates-based model, indicating significant private sector diversification into the gold market [2] - The gold market is approximately 70 times smaller than the US Treasury market, highlighting the potential for additional upside in gold investments [2] Group 3: Cyclical Factors - An additional 100 basis points of Fed rate cuts could further boost ETF holdings in the gold market, as lower rates typically lead to increased gold investments [6]

One of the world’s oldest investment institutions, Morgan Stanley, has advised clients to allocate 2-4% of their investment portfolios to crypto. With a strong spotlight on Bitcoin as a “scarce asset, akin to digital gold,” Morgan Stanley’s suggestion is a pivot in Wall Street’s stance toward digital assets. On 5 October 2025, Morgan Stanley’s Global Investment Committee (GIC) formally released a set of portfolio allocation guidelines, wherein “opportunistic growth portfolios were suggested up to 4% crypt ...