Good Reads
Kalshi Expands 15-Minute Markets Beyond Crypto With Gold and Silver
Kalshi is launching new markets this week that allow traders to predict whether the price of gold and silver will go up or down in a 15-minute window, after trading volumes in similar contracts tied to the value of cryptocurrencies saw exponential growth this year. Read on »
Dirty gold overtakes cocaine as crime’s cash machine
Authorities say illicit gold now finances organized crime, fuels money laundering and is increasingly replacing cocaine as a key source of criminal revenue. Unlike cocaine, illegally mined gold can be integrated into legitimate supply chains, making it uniquely attractive to organized crime. Read on »
Big Oil Companies Report Record Profits Amid High Oil Prices
The Energy sector is reporting the highest earnings growth clip of all 11 market sectors at 128.2% Y/Y, well above the S&P 500 average at 37.9%, thanks in large part to higher oil prices amid the Middle East conflict. Read on »
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