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News & Articles By Sterling Ashworth
08/27/2026
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By Sterling Ashworth
Copper Hits Record as U.S. Tariff Threat Absorbs Global Surplus
Copper hit a record in New York on Tuesday, Aug. 25, as the threat of U.S. import tariffs continues to pull metal into American warehouses and absorb what was projected to be a comfortable global surplus. Commodity Exchange (COMEX) copper for September delivery rose as much as 1.8% to $6.7270 per pound, or about $14,830 per […]
08/26/2026
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By Sterling Ashworth
Trump Escalates Canada Trade War as Ontario Says Ready to Cut Energy, Critical Minerals to U.S.
President Donald Trump escalated the trade dispute with Canada on Monday by announcing new 50% tariffs on Canadian automobiles, trucks, auto parts, and steel, according to a report by RT. The announcement came after trade negotiations between the United States and Canada collapsed late last week, with each side accusing the other of making unreasonable […]
08/26/2026
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By Sterling Ashworth
Bitcoin Tops $81,000 as Dollar Weakens, Raising Questions About “Debasement Trade”
Bitcoin surged past $81,000 on Monday, its highest price since January, before pulling back to trade near $79,098 on Tuesday morning in New York, according to market data. The 23% weekly gain coincided with a U.S. Treasury announcement that it would at least double the size of its liquidity-support buyback operations, a move that has […]
08/25/2026
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By Sterling Ashworth
Nvidia Price Hikes Hit Hyperscalers as Memory Costs Surge, Driving AI Infrastructure Inflation
Nvidia has informed its largest hyperscaler customers – including Microsoft, Google and Oracle – of a planned 15% price increase on Vera Rubin and Grace Blackwell processors, according to sources cited by Bloomberg. The increase, reported to take effect next year, is being driven by rising memory costs and supply constraints at Taiwan Semiconductor Manufacturing […]
08/23/2026
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By Sterling Ashworth
Researchers: 152 Polymarket “Orca” Traders Likely Bet on Inside Military Information
Nonprofit research group Anti-Corruption Data Collective (ACDC) said Thursday, Aug. 20, that it identified 152 wallets on Polymarket that likely traded on non-public U.S. military information. According to the group’s analysis, first reported by Reuters, the wallets earned about $8 million combined and posted an average win rate of 97.2% across their wagers. The report […]
08/22/2026
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By Sterling Ashworth
Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs
Washington is tightening economic pressure on Iran while loosening domestic gasoline rules as U.S. drivers face pump prices above $4 a gallon, according to a report. The Environmental Protection Agency on Thursday authorized an early switch to winter-grade gasoline, allowing sales of 10% ethanol blends beginning September 1 instead of the normal mid-September seasonal transition, […]
08/22/2026
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By Sterling Ashworth
Coinbase CEO: Bitcoin “Very Likely” to Reach $400,000 by 2030
Coinbase Global Inc. Chief Executive Officer Brian Armstrong said Thursday, Aug. 20, that Bitcoin will “very likely” trade between $300,000 and $400,000 by 2030. Armstrong made the remarks during his appearance that day on Fox Business Network‘s “Varney & Co.” The projection came one day after President Donald Trump hosted crypto executives at the White […]
08/21/2026
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By Sterling Ashworth
Gold, Silver and Mining Shares Rally After Treasury Doubles Long-Dated Bond Buybacks
Gold, silver and mining shares rose Wednesday after the U.S. Treasury said it would at least double purchases of long-dated government debt, a move that pushed down yields and the dollar. Spot gold traded around $4,484 an ounce as of 10:25 a.m. ET, up 3.46% from Tuesday’s close, while silver gained 3.33% to about $65.44 […]
08/20/2026
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By Sterling Ashworth
Saudi Arabia Imposes New Restrictions on Bank Transfers to UAE, Report Says
Saudi Arabia has imposed new restrictions on bank transfers to the United Arab Emirates (UAE), according to a report by Middle East Eye published August 18, 2026 [1]. The measures, which tighten oversight of financial transactions between the two Gulf nations, mark the latest sign of rising tensions between Riyadh and Abu Dhabi, officials said […]
08/20/2026
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By Sterling Ashworth
Bitcoin Passes $68,000 After U.S. Treasury Doubles Debt Buybacks
Bitcoin rose above $68,000 on Wednesday, gaining nearly 3 percent in a 24-hour period after the U.S. Treasury Department announced it would more than double the size of its government debt repurchases, according to price data cited by Bitcoin Magazine. Bitcoin traded at $68,473 at 10:30 a.m. in New York after briefly touching $68,982, the […]
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