Mark Filippino
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, Kay, why did prosecutors feel like Left was manipulating his followers?
Now, is it weird for traders and especially short sellers like left to speak publicly about their positions?
I thought that was kind of part of their M.O.
And like I said, left has come out and said that this has become a case against free speech.
And I gather that there are people on Wall Street who agree with them.
Kay Wiggins covers legal affairs in the US.
Thanks so much, Kay.
Gold has leapfrogged U.S.
government bonds to become the world's top reserve asset.
That's according to a European Central Bank report out yesterday.
Central banks have been relentlessly buying the yellow stuff over the past several years, and there are two big reasons for that.
One is geopolitical tensions.
A lot of countries want an alternative to the U.S.
dollar, which is the world's de facto reserve currency, and even more so since 2022.
Washington at the time froze Russia's dollar reserves because of Moscow's full-scale invasion of Ukraine.
And the second reason for the shift is gold's skyrocketing value.
It hit a record high in January and more than doubled over the past three years.
Not too long ago, Deutsche Bank was known as the sick bank of Europe, but it looks like Germany's biggest lender is turning the ship around.
Deutsche Bank reported record profits last year, and investors are starting to believe in it again.