BREAKING: Global central banks' gold purchases jumped +10% YoY in Q3 2025, to 220 tonnes.
This also marks a +28% quarterly increase, putting it 6% above the 5-year quarterly average.
So far in 2025, central banks have added +634 tonnes of gold to their reserves.
Kazakhstan led global purchases last quarter, while Brazil added gold for the first time since 2021.
World central banks are still puling into gold.
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This also marks a +28% quarterly increase, putting it 6% above the 5-year quarterly average.
So far in 2025, central banks have added +634 tonnes of gold to their reserves.
Kazakhstan led global purchases last quarter, while Brazil added gold for the first time since 2021.
World central banks are still puling into gold.
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Online betting platform Kalshi is facing a nationwide class action lawsuit alleging it is operating an illegal sports betting platform that tricks consumers into believing they are betting against other users when they are betting against the house.
The suit also claims that Kalshi "enables addictive gambling behavior by underaged adults," and has "sponsored a variety of influencers, including a 15-year-old gaming influencer," to achieve this.
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The suit also claims that Kalshi "enables addictive gambling behavior by underaged adults," and has "sponsored a variety of influencers, including a 15-year-old gaming influencer," to achieve this.
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The death toll in Hong Kong has risen to 83, with more than 300 people still reported missing.
Crazy … RIP
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Crazy … RIP
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Far more Democrats anticipate arguments about politics over the Thanksgiving table than any other political affiliation
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DoomPosting
I'm ready for eggnog. I'm a real nogger 🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Where is all this nogger hate coming from? It's not like your property value goes down when noggers move into the neighborhood (I had to fight autocorrect several times in the writing of this post, and not just for nogger)
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World bond corporate issuances have reached unprecedented levels:
Global bond sales hit a record $5.95 trillion in the first 10 months of 2025.
This has already surpassed the previous all-time high of $5.93 trillion set in 2024.
Issuances have risen +$2.5 trillion since 2014.
This surge has been fueled by exceptionally low credit risk, with global spreads hovering near the lowest levels since 2007.
As a result, investor demand continues to significantly outpace net bond supply.
The global debt rush is accelerating.
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Global bond sales hit a record $5.95 trillion in the first 10 months of 2025.
This has already surpassed the previous all-time high of $5.93 trillion set in 2024.
Issuances have risen +$2.5 trillion since 2014.
This surge has been fueled by exceptionally low credit risk, with global spreads hovering near the lowest levels since 2007.
As a result, investor demand continues to significantly outpace net bond supply.
The global debt rush is accelerating.
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Joseph Edlow says that USCIS will be reviewing every green card from every country of concern
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US tech CapEx spending is historic:
A record 45% of S&P 500 CapEx now comes from technology and related stocks.
The percentage has risen ~20 points over the last 10 years.
By comparison, the peak in the 2000 Dot Com Bubble was ~39%.
Meanwhile, the commodity sectors’ CapEx weight in the S&P 500 has halved, to ~15%, since 2015.
This is just 5 percentage points above the low recorded over the last 45 years.
AI spending is through the roof.
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A record 45% of S&P 500 CapEx now comes from technology and related stocks.
The percentage has risen ~20 points over the last 10 years.
By comparison, the peak in the 2000 Dot Com Bubble was ~39%.
Meanwhile, the commodity sectors’ CapEx weight in the S&P 500 has halved, to ~15%, since 2015.
This is just 5 percentage points above the low recorded over the last 45 years.
AI spending is through the roof.
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Fun fact.
The turkey on your Thanksgiving table today is a far cry from the one your grandparents would have served.
Thanks to decades of selective breeding, modern turkeys are more than twice the size of those in the 1930s.
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The turkey on your Thanksgiving table today is a far cry from the one your grandparents would have served.
Thanks to decades of selective breeding, modern turkeys are more than twice the size of those in the 1930s.
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