Currency

Kid siblings earn over $30,000 a month mining cryptocurrency

Fourteen-year-old Ishaan Thakur and his sister, 9-year-old Aanya, spent their summer building a lucrative business mining cryptocurrency.

“We started because we wanted to learn something new about technology – and also make some money along the way,” Ishaan tells CNBC Make It.

And they have.

Each month, the siblings make over $30,000 mining three digital coins: Bitcoin, the largest cryptocurrency by market value; ether, the second-largest; and ravencoin, an altcoin amid the top 100, Ishaan says…read more.

Is gold ready to run higher?

The gold market continues to see lackluster demand even as the price holds support above $1,800 an ounce. However, one market strategist said that sentiment could start to shift to the bullish side once again before the end of the month.

In an interview with Kitco News, Robert Minter, director of investment strategy at Aberdeen Standard Investments, said that it will soon be clear that the ongoing COVID-19 pandemic and the growing threat of the Delta Variant will continue to weigh on the U.S. labor market, which is a critical element to the Federal Reserve’s plan to reduce its monthly bond purchases.

He added that any delay in the Fed’s much-anticipated plan will be positive for gold prices. He said that another component of the labor market is if workers are still unemployed, the U.S. government could be forced to launch a new stimulus package…read more.

1st Online and Podcast-only Show Is Now Available!

Mike talks about our biggest election concern. A must hear interview with super strategist, James Thorne on the election, inflation and the key trends driving the future. Plus don’t miss the quote of the week as a leading climate activist says enough of the over the top threats – and the goofy on the biggest head shaker of the election so far.

We hope you will join us as we start our new journey as a fully independent production. James Thorne joins Michael to analyze the financial and market implications of the federal election – and how it may impact your personal investments. Plus our regular commentators Michael Levy, Ozzie Jurock and Victor Adair. And don’t miss the Goofy Award!

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Look forward to seeing you here at 8:30am on Saturday August 28th! ~ Grant Longhurst

Entire Show – Aug. 21st

Two election issues that will impact Canada for generations. Mike talks about why it’s only Moneytalks podcasts from now on and stock picking genius, Ryan Irvine’s got a couple of new companies that few have heard of. Plus an ex-CIA ops officer on the fall-out from Afghanistan that will sends chills up your spine – and don’t miss the goofy award.