Nearly a year ago to the day at the Tokyo Olympics, Tobi Amusan finished the women’s 100 meter hurdles medal race in arguably the worst place you can finish at a major track and field event: fourth. On Sunday during the last session of the 2022 World Athletics Championships, Amusan, a Nigerian who was an NCAA champion at Texas-El Paso, had the evening of her life. Running in the first of three semifinal heats, Amusan stunned the crowd and track fans by posting 12.12 seconds, breaking the world… Source link
Read More »Russia-Ukraine crisis burnishes gold’s safe-haven shine as Bitcoin lags
With a global conflict afoot, gold (GC=F) has revived its status as a safe-haven in times of turmoil. But Bitcoin? Not so much. Bullion on Thursday surged close to $2000 per ounce, its highest since 2020, after Russian forces attacked multiple targets across Ukraine, which prompted investors to flee risky assets. Meanwhile, the U.S. dollar — the world’s premier reserve currency and another safe-haven during market duress — is gaining ground against a broad basket of currencies. However,… Source link
Read More »Investor on why bitcoin is ‘literally the biggest story I’ve seen,’ may hit $1M and top gold’s market cap
Influential investor Raoul Pal says the best trade he’s ever found is bitcoin (BTC-USD), which he’s described as “a call option on the future” and “the world’s most pristine reserve asset.” In a recent interview on Yahoo Finance, Pal said that the central banks move toward digital currencies is “literally the biggest story” in his career. Investors like Pal don’t want to compete against central banks, but aim to create “a digital world,” Pal said, underscoring that despite big… Source link
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