Kyle Henry

[Peter Schiff @PeterSchiff]

#Gold is already trading over $30 higher before 7 AM EDT, closing in on $2,380. Once it takes out its record-high of $2,415 set in April it's off to the races. Don't get left behind. #Silver is the catch up trade. It's up 40 cents, but still below $29. It's record-high is $50.

[The Spectator Index @spectatorindex]

CNN reports that the world's largest plant 'designed to suck planet-heating pollution out of the atmosphere like a giant vacuum', has started its operations in Iceland.

[Bank of England @bankofengland]

The Monetary Policy Committee voted by a majority of 7-2 to maintain #BankRate at 5.25%. Find out more in our #MonetaryPolicyReport: https://t.co/2lnXthHbMt

[The Kobeissi Letter @KobeissiLetter]

Global gold demand has never been stronger.

Gold demand for the last 7 quarters has reached 40 million troy ounces on average.

This is almost 2 million higher than the quarterly average from Q1 2010 to Q2 2022.

Over the last 2 years, the gold demand surge has been almost entirely driven by central banks.

In 2022 and 2023, central banks bought a record 2,100 tonnes of gold.

Why central banks are so aggressively acquiring Gold?

[Douglas A. Boneparth @dougboneparth]

My daughter was feeling sad on our walk to school today, so I reminded her that we refinanced our mortgage at 2.99%.

[Investing.com @Investingcom]

⚠️BREAKING:

*U.S. JOBLESS CLAIMS RISE 231,000; EST. 212,000; PREV. 209,000

*HIGHEST SINCE AUGUST 2023

🇺🇲🇺🇸

[Ai Business Journal @ArchieIntel]

JUST IN: 🇦🇷Argentina to print its first 10,000-peso note as a result of hyper-inflation.

[Barchart @Barchart]

U.S. Stock Buybacks will jump to an all-time high of $1.1 Trillion next year according to Goldman Sachs projections

[Markets & Mayhem @Mayhem4Markets]

The National Debt of the US as a % of GDP

[Evan @StockMKTNewz]

India is now one of Apple’s $AAPL top 5 iPhone markets for the first time ever

India overtook Germany and France for iPhone sales in Q2 and is now just behind 🇬🇧🇯🇵🇨🇳🇺🇸 according to Counterpoint Research via CNBC

[The Transcript @TheTranscript_]

$BAC asset quality: "Net charge-off ratio2 of 0.33% increased 1 basis point from Q1-23 and remained below pre-pandemic levels"

[Omair Sharif @fcastofthemonth]

While the summer of disinflation is still looking good, unfortunately we'll get a boost to medical care services in the October CPI report (in Nov), as the health insurance index swings from about -4% to +1.1%. Could push the core into the low 0.3% area.

[Evan @StockMKTNewz]

Chipotle $CMG just signed its first ever franchise deal

Chipotle signed an agreement with Kuwait-based Alshaya Group for the group to open franchised Chiptole locations in the Middle East starting next year

[App Economy Insights @EconomyApp]

$BAC Bank of America Q2 FY23.

Revenue +11% to $25.2B ($260M beat):
• Net Interest income: $14.2B (+14% Y/Y).
• Noninterest income $11.0B (+8% Y/Y).

Net Income $8.0B (+19% Y/Y).
Earnings per share: $0.88 ($0.05 beat).
CET1 ratio of 11.6%.

[Science Is Strategic @scienceisstrat1]

The US 🇺🇸 economy and the EU 🇪🇺 were roughly the same size in 2008.

The US is now nearly twice as big 📊

[Barchart @Barchart]

Goldman Sachs tells investors to ignore the inverted yield curve which has accurately predicted EVERY recession over the last 50 years

[Evan @StockMKTNewz]

BANK OF AMERICA $BAC JUST REPORTED EARNINGS

EPS of $0.88 beating expectations of $0.84
Revenue of $25.20B beating expectations of $25B

[Evan @StockMKTNewz]

Elon Musk and Tesla $TSLA are reportedly discussing an investment proposal with the Indian government 🇮🇳 to set up a factory in the country with an annual capacity of ~500K EVs - Reuters

[Excel Dictionary @exceldictionary]

Impress your boss with this search box tip. 🤓

[Bravos Research @bravosresearch]

Warning: The probability of a recession is at its highest level since the early 1980s