The most interesting thing about the SpaceX IPO is not SpaceX. It is what investors are being asked to believe. That may sound unfair, because SpaceX is not just some flimsy market confection dreamed up to exploit the latest financial fashion. It has built rockets, launched satellites and changed the economics of space in ways […]
At the time of writing, spot gold was trading near $4,115.90 an ounce after the latest U.S. inflation data, leaving investors with an obvious question: is this a buying opportunity, or is there worse to come? The May Consumer Price Index rose 0.5%, while annual headline inflation climbed to 4.2%, up from 3.8% in April. […]
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