Author: Money Mechanics

The following days will be decisive not just for the , and , but also for , , and other markets. The reason is that gold and miners moved to their declining resistance line based on the most recent highs. Miners moved slightly above it, but the breakout is far from being confirmed. Given where the USD Index is, it seems only a matter of time – very little time – before the declines in the precious metals resume. Confirmed Breakout Keeps Dollar Rally on TrackYes, the USD Index just moved below 100, but it’s now trading very close to…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. November 25, 2025 Minutes of the Board’s discount rate meetings on October 6, October 20, and October 29, 2025 For release at 2:00 p.m. EST The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. Today’s minutes cover the Board meetings that occurred on October 6, October 20, and October 29, 2025. The Board’s process…

The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year beyond is harder to get and more expensive to finance. National Association of Home Builders VP for Survey and Housing Policy Research Paul Emrath provided new data to illustrate that reality in his November 14 Eye On Housing post.  “Credit Conditions for Builders Continue to Be Tight.” He writes: “Credit conditions on loans for residential Land Acquisition, Development & Construction…

Key Takeaways Finland is the world’s happiest country, according to the World Happiness Report, offering retirees (and others) peace, safety, and balance.You can collect U.S. Social Security benefits while living in Finland.Healthcare is universal, high-quality, and accessible to residents, although private insurance is still an option.The cost of living is comparable to that in the U.S., but taxes are higher.Travel, culture, and nature make retirement in Finland both enriching and easy. If you’ve ever dreamed of a peaceful retirement surrounded by nature, Finland might be calling your name. Ranked the happiest country in the world by Gallup’s World Happiness Report,…

Key Takeaways Nvidia shares have fallen since the company reported quarterly earnings last week that easily beat estimates. The stock has been hit by concerns that tech giants are overspending on artificial intelligence infrastructure.Reports that Meta is in talks to use Google’s custom AI chips added to concerns that Nvidia’s dominance in the market could be challenged. Nvidia blew past high expectations when it reported quarterly results last week. Its stock is getting hit anyway.  Shares of the chip giant are down more than 8% since it reported record quarterly revenue and earnings and offered up an outlook that easily…

(World Oil)- Energy and Natural Resources Minister Tim Hodgson said on Monday the government is getting close to being able to provide clarity on whether Ottawa would repeal the West Coast oil tanker ban. Hodgson made the remarks while appearing before the House of Commons committee on natural resources, when he was asked about the status of the legislation prohibiting tankers from carrying more than 12,500 metric tons of crude oil in areas along the Northern coast of British Columbia. The tanker ban became law in 2019 under former prime minister Justin Trudeau and has been among the most criticized…

Key Takeaways The leading cryptocurrency recently changed hands at around $88,000, recovering from recent lows near 82,000.The price of bitcoin has rebounded as investors have broadly been willing to take on more risk in recent sessions.Deutsche Bank analysts on Monday acknowledged the effect that concerns about hawkish Fed policy and risk-off sentiment have likely had on bitcoin’s price. Bitcoin isn’t back—but it’s bouncing a bit. The leading cryptocurrency recently changed hands at around $88,000, recovering from recent lows near $82,000 but a touch below 24-hour highs near $90,000. That recovery is welcome to backers of the coin, though it still…

Key Takeaways TSA PreCheck and Global Entry are trusted traveler programs that offer expedited security screening and other benefits.TSA PreCheck is primarily for domestic travel, while Global Entry includes expedited customs clearance for international travel.Both programs require an application, background check, and fee payment.TSA PreCheck costs $78-85 for a 5-year membership, while Global Entry costs $100 for a 5-year membership.Choosing between TSA PreCheck and Global Entry depends on personal factors such as travel frequency, international travel, and budget. TSA PreCheck and Global Entry are trusted traveler programs under the Department of Homeland Security and can help make your travel days…

Key Takeaways A report that a Big Tech giant is mulling using Google’s AI chips pressured shares of several top chipmakers on Tuesday, Nov. 25, 2025, while an electronics retailer’s stock got a boost from strong earnings.Shares of Nvidia and Advanced Micro Devices dropped following a report that Meta might use specialized AI chips from Google.Demand from consumers replacing older electronic devices helped Best Buy surpass quarterly earnings estimates, and its shares moved higher. Several top AI chipmakers lost ground as a potential deal between two Big Tech giants underscored competitive pressures in the market. Meanwhile, shares of an electronics…

Key Takeaways Block’s Investor Day last week included an inquiry into the crypto industry’s biggest open question: Is Jack Dorsey Satoshi Nakamoto?Dorsey, who has denied it in the past, said it “does not matter.” The crypto industry’s biggest open question—who is Satoshi Nakamoto?—remains unanswered. That hasn’t stopped people from guessing. The latest to float the notion that Block (XYZ) chief and crypto enthusiast Jack Dorsey could be the pseudonymous creator of the Bitcoin network were Baird analysts, who raised the question anew this week. At Block’s Investor Day earlier this month, Seaport Research analyst Jeff Cantwell asked Dorsey directly. The…