⛏ Gold prices set for first weekly rise in a month

Energy Bottleneck: The Electron Ceiling
You never once worried about whether the lights would turn on. Power arrives when you flip the switch. That reflex, that power is infinite and instant and basically free, is one of the most reasonable assumptions you’ve ever made. It was true your entire life. The companies racing to build artificial intelligence just found out it’s false. Read on »

Bolivia Ends Dollar Peg, Devalues Currency
Imagine pegging your currency to another currency that is constantly being inflated. That was the situation Bolivia found itself in with the bolivianos pegged to the dollar. But even with a rapidly depreciating peg, the Bolivian currency couldn’t keep up, so the Bolivian officials did what any good government people would do – they simply removed the peg. Read on »

Gold prices set for first weekly rise in a month
Gold’s rebound this week comes after U.S. nonfarm payrolls data, published Thursday, showed the American economy added 57,000 jobs in June, less than the downwardly revised 129,000 added in May and lower than the 115,000 Dow Jones consensus forecast. Read on »