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The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as investors are awaiting the outcome of the U.S. presidential election on Sunday.On Thursday, uncertainty over the U.S. election outcome weighed on the tech sector. Tesla's forecast-beating earnings provided some comfort for investors, helping limit regional losses. The dollar held near three-month highs on increased expectations of a possible return of Donald Trump to the White House and growing bets the Federal Reserve may be more restrained...

As gold and silver prices surge heavily to start the week, precious metals investors will look to Russia to find potential answers to explain the upward trajectory of prices as the 16th BRICS Summit convenes Tuesday in Kazan, Russia.BRICS is a growing partnership, somewhat like the G7, that has recently expanded to include 10 countries and received interest from many others.Rumors have swirled about the outcome of the meeting, which is taking place in a country currently at war since the Russian invasion of Ukraine in February 2022.Many in...

In an era of unprecedented monetary expansion and mounting global debt, the world stands on the precipice of a financial paradigm shift. As central banks continue their relentless money printing spree, the value of fiat currencies is rapidly deteriorating, setting the stage for a historic transformation in the global financial landscape. At the center of this seismic shift is gold, emerging as the ultimate store of value and hedge against economic uncertainty.The Fiat Debacle: A System Doomed to FailBillionaire investor Ray Dalio, founder of the world's largest hedge fund,...