Gold price shoots higher on US labor data disappointment
09/30/2021 10:10 AMGold prices advanced past the key $1,750 level on Thursday as investors sought haven after a new labor report pointed to an uneven recovery in the US jobs market. Spot gold rose 1.7% to $1,757.38 per ounce by 11:55 a.m. EDT, its highest level in more than a week. US...
read more
Compound supply bug mistakenly rewarded users with $70M in tokens
09/30/2021 10:05 AMDecentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was designed to “split COMP...
read more
Someone is betting that oil will soar to a record US$200 a barrel
09/30/2021 9:55 AMCould the energy crunch get so bad that oil prices hit US$200 a barrel? One options trader thinks so. Brent US$200 calls for December 2022, options contracts that would profit a buyer from a rally toward that level, traded 1,300 times on Wednesday. While the contracts...
read more
G-7 Ministers Set to Meet on Reopening International Travel
09/30/2021 9:49 AMTransport and health ministers of the G-7 countries are due to meet virtually on Thursday to discuss ways to restart international travel, according to people familiar with the matter. The meeting is being organized by the U.K., which holds the presidency of the Group...
read more
Schachter’s Eye On Energy – September 29th
09/29/2021 11:29 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold (SER) newsletter covering the general energy market and 30 energy, energy service and pipeline &...
read more
Rare Mew Pokémon Oreos Are Selling For Thousands
09/29/2021 10:32 AMThe best quick-buck scheme of the year isn’t GameStop stock, cryptocurrency, or reselling next-gen consoles. It’s...Pokémon Oreos? Oreos emblazoned with designs of Mew, the psychic-type feline Pokémon, are currently selling for hundreds if not thousands of dollars on...
read more
Canadian food inflation nearly double what official data suggests: Study
09/29/2021 10:09 AMClimate change and the COVID-19 pandemic are causing food prices in Canada to rise, but a new study suggests the official data is underestimating the increase. According to Statistics Canada, food prices are up 2.7 per cent over the past 12 months. But, new research...
read more
Enbridge’s long-delayed Line 3 oil pipeline project to start up Oct. 1
09/29/2021 10:00 AMEnbridge Inc said on Wednesday its Line 3 pipeline replacement project will begin operating on Oct. 1, the first successful major expansion of Canadian crude export capacity in six years, clearing hurdles that other projects were unable to overcome. Its completion is...
read more
Military leaders saw pandemic as unique opportunity to test propaganda techniques on Canadians, Forces report says
09/28/2021 5:17 PMCanadian military leaders saw the pandemic as a unique opportunity to test out propaganda techniques on an unsuspecting public, a newly released Canadian Forces report concludes. The federal government never asked for the so-called information operations campaign, nor...
read more
Natural Gas Prices Sent Skyrocketing Amid Concerns Over Tight Supplies
09/28/2021 11:16 AMThe price of natural gas has soared to a 13-year high, as fears over scarcity ahead of the winter months intensifies. October futures for natural gas jumped by more than 10% on Monday to close at US$5.86 per million Btu, marking the sharpest increase since February....
read more
