Typically, silver tends to outperform gold in times of a weakening Dollar and falling US bond yields. Carsten Menke, Head, Next Generation Research at Julius Baer Gold prices have reached new multi-month highs recently, but we struggle to see who is in the driving seat of these moves. Investors are still on the sidelines of the gold market, and in fact have even become sellers. Meanwhile, Asian demand does not show signs of strength, and Dollar and US bond yields seem to be playing less of a role of late after lifting the markets during the past few weeks. All in all, we reiterate our view that prices are on a somewhat soft footing and that we would not chase this rally. The gold market is becoming more and more puzzling. While prices have reached new multi-month highs recently, trading at around $1,930 per ounce, we struggle to see who is in the driving seat of these moves. Investors are still staying on the sidelines of the market as indicated by stagnant holdings … [Read more...] about Gold prices hit new highs recently — who’s in the driving seat?
Foodgrain stocks hit record high
In parts of rural Colorado, where the cattle and antelope often far outnumber the people, doctors are few and far between. To help fill that gap in health care coverage, the federal government started a program more than five decades ago catering to rural residents, one free checkup at a time. The Colorado Area Health Education Center does community outreach events around the state, including free health screenings at the National Western Stock Show during its two-week run this month. The program in Colorado was founded in 1977, and “we’ve been going ever since,” said Josina Romero O’Connell, the state’s AHEC director. The federal government started the overarching AHEC program six years earlier in an attempt to address health care disparities in rural regions of the U.S. It then expanded state by state. Colorado’s rural areas make up about 12% of the state’s total population, with 47 of its 64 counties considered rural or “frontier” — a designation indicating a … [Read more...] about Colorado rural residents facing hurdles to health care get assistance from a program
At the end of October, Shutterstock, one of the leading stock image companies on the internet, announced it was partnering with OpenAI to launch a new tool that would integrate the generative-AI DALL-E 2 into its online marketplace. The announcement was a huge win for the still-burgeoning AI industry, but was met with shock and outrage by creatives all over the internet, many of whom see generative AI like DALL-E 2 as an existential threat to their livelihoods and the use of their images for machine learning as a form of theft. “It’s disappointing to know we have so little respect and it’s worrying to now be competing with bots for sales,” an anonymous Shutterstock photographer told Artnet News in October. So, now that the dust has settled, how is the company feeling about its OpenAI partnership? Is it still bullish on a future where machines are making our stock images for us? “I think there are two choices in this world,” says Shutterstock CEO Paul Hennessy. “Be the … [Read more...] about Generative AI tools are already changing the creativity landscape—and some artists aren’t happy about it