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Silver Selling At Record High—But Here's Why Analysts Say Gold Is Safer
Forbes· 2025-10-13 16:50
ToplineThe value of silver has soared more than 78% this year, reaching a fresh record Monday after earlier surpassing an all-time high set four decades ago, yet some economists have warned it may be a riskier trade than gold, despite outpacing the metal so far this year. Silver prices surpassed a decades-old record as investors sought out safer assets, but economists warned of hidden risks.gettyKey FactsSpot silver rose about 3.5% over the last day to $52.25 per ounce, while silver futures—often used by in ...
5 Hidden Fees That Quietly Drain Retirees’ Budgets
Yahoo Finance· 2025-10-13 16:49
As many retirees live on a fixed income, one of the worst things that can happen is if they find themselves paying for things without even knowing it. Whether it’s banking fees or investment account fees, even small unknowns can eat into your savings. Be Aware: Dave Ramsey Warns: This Common Habit Can Ruin Your Retirement Learn More: Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why Here are some sneaky fees that could be draining your retirement budget. Re ...
Vijay Mallya discontinues bankruptcy annulment application in UK
The Economic Times· 2025-10-13 15:36
It means the "Trustee in Bankruptcy" can continue to pursue assets to help a consortium of banks led by the A High Court hearing to set the directions for the annulment application to be heard was vacated after Mallya's legal team filed a notice of discontinuance last week."Vijay Mallya's Trustee in Bankruptcy will be able to continue with their work in investigating and realising assets falling within his bankruptcy estate without any hindrance that this application might have caused them," UK law firm TL ...
Gold Scales New Peaks on Trade Tensions, Rate-Cut Hopes
Barrons· 2025-10-13 14:58
ByGiulia Petroni, Dow Jones NewswiresGold prices hit a fresh record, surpassing $4,100 a troy ounce as a flare-up in U.S.-China trade tensions and prospects of further U.S. interest-rate cuts drive up demand.In afternoon trading, futures in New York climb 2.9% to $4,116.20 a troy ounce, while spot gold rises 1% to $4,016.68 an ounce.Bank of America raised its gold price forecast to $4,400 an ounce on average for 2026, while Societe Generale analysts say they now see prices reaching $5,000 an ounce by the en ...
I Keep Liking PTY Better Than GOF
Seeking Alpha· 2025-10-13 13:54
Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.Sensor Unlimited contributes to the investing group Envision Early Retirement which is led by Sensor Unlimited. They offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, dire ...
How I Turned 200K Chase Points Into $10K+ of Business Travel
UpgradedPoints.com· 2025-10-13 13:30
Chase Ultimate Rewards points are some of the most valuable out there — and for good reason. The transferable points program has an impressive list of transfer partners, which include fan favorites like Air Canada Aeroplan and World of Hyatt.I’ve used Ultimate Rewards points to book countless vacations since I opened my first Chase credit card almost 12 years ago. But since quitting my full-time job to freelance and build a business full time, I’ve also started using my points to book business trips. This i ...
Tariffs Temporarily Reverse Yen's Trajectory, Market Awaits Central Bankers
Benzinga· 2025-10-13 12:31
Last week marked an incredible contrast for risk assets. Early in the week, equities shrugged off the US government shutdown to reach new highs, only to flash crash on Friday when President Donald Trump announced 100% tariff hikes on Chinese imports and called China’s rare earth controls “hostile.” The result was the worst weekly loss for major indices since late May, as the Dow Jones went down as much as 2.7%. With the U.S. government shutdown halting key data releases, equities traded on positioning and h ...
Looking For Yields: Essential Utilities, Verizon, And WesBanco Are Consistent Moneymakers
Yahoo Finance· 2025-10-13 12:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Essential Utilities, Verizon, and WesBanco have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to around 6%. Essential Utilities Essential Utilities Inc. (NYSE:WTRG) provides water, wastewater, and natu ...
SouthGobi Announces RMB 235 Million Secured Loan
Accessnewswire· 2025-10-13 11:15
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / October 13, 2025 / SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ("SouthGobi" or the "Company") announces that its Mongolian operating subsidiary, Southgobi Sands LLC ("SGS"), has entered into a secured loan with Khan Bank JSC (the "Lender") for a principal amount of up to RMB235,000,000 (equivalent to approximately CAD46,095,250) (equivalent to approximately CAD46,095,250) (the "Loan"), pursuant to the terms of a loan agreement by and among SGS and the Lender ...
Li Auto CEO tops Hong Kong's highest-paid directors list for 2024: Webb-site
Yahoo Finance· 2025-10-13 09:30
Core Insights - Li Auto's founder and CEO Li Xiang topped Hong Kong's paid director ranking for 2024 with a total remuneration package of approximately HK$680 million (US$87.4 million) [1] - The ranking analyzed remuneration data for 1,000 directors across nearly all listed companies in Hong Kong [2] - 31 directors received annual compensation packages exceeding HK$100 million, with JS Global Lifestyle's chairman and CEO Wang Xuning ranking second at HK$520.51 million [3] Company Performance - Li Auto's stock performance declined by 35.7% last year, despite reporting a return on equity of 11.9% [4] - JS Global Lifestyle's stock price increased by 7.5% last year, but it reported a negative return on equity of 14.5% [4] - Liu Qiangdong, founder of JD.com, ranked fourth with total remuneration of HK$448.8 million [5] Remuneration Analysis - JS Global Lifestyle was the most generous company in terms of total compensation, paying HK$783.43 million to its directors [6] - New World Development was the top payer in cash payments, with HK$187.6 million in salaries and benefits [7] - Prada paid the most in fees, totaling HK$376.9 million to its directors [7]