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Cracking the work from home code, this couple built a business empire out of it In an environment where many small businesses are struggling to adapt to the mass quarantines around the world, one business is seeing demand rise. BELAY, founded by husband and wife team Bryan and Shannon Miles, is a provider of virtual assistants. “We definitely serve a lot of small businesses that have been impacted by the current crisis, so while the majority of our business is…

Kevin O'Leary-backed venture creating new asset class during crisis Venture capital through crowdfunding is a new way investing for retailers, and contrary to traditional venture capital, this asset class has seen increased activity during the pandemic, said Howard Marks, CEO of StartEngine. “StartEngine is a crowdfunding equity platform. Our mission is to help entrepreneurs achieve their dreams and we raise capital for equities directly from the general public online. Since the crisis has started, our number of investors has gone…

'Floodgates are open for gold to move higher': Inflation, retail in focus  Gold is up nearly 6% on the week and more gains are just around the corner, according to analysts, who still see the COVID-19 uncertainty as ruling the day and benefitting gold prices. Despite rallying equities, a lot of uncertainty around the economic fallout from the COVID-19 outbreak remains, which is attracting new investors to the gold market. “There is a danger here that we follow more of…

$20,000 gold price: Franco Nevada chairman makes the case < Gold prices should skyrocket to much higher levels, even $20,000 in two to five years’ time, as gold reaches a price level close to the level of the Dow Jones Industrial Index, this according to Pierre Lassonde, chairman of Franco Nevada. “When I look at where we are today, the money creation will take time to [money] into people’s hands. I look at supply chain disruption, I think we’re looking…

Max Keiser explains why only gold, silver and bitcoin can save you now   During volatile market conditions, investors should be looking for assets that represent stores of value, like gold, silver, and bitcoin, this according to Max Keiser, host of the Keiser Report. “The next alternative hard money, aside from silver, is bitcoin, and that’s why you see interest in bitcoin right now, it’s up this year. It’s one of the few markets in the world that’s up in…

Now is the time to hold a 'significant' position in gold – former Bear Stearns analyst The first quarter saw gold prices massively outperform equity markets and this trend is expected to continue, according to one former Bear Stern’s analyst. Jesse Felder, publisher of the Felder Report investment newsletter, reiterated his long-term bullish outlook for gold, saying in a recent report that gold prices could easily push above its 2011 all-time highs. Gold prices are starting a new trading week…

COVID-19 has profound impact on U.S. jobs which declined over 700,000 The long-awaited U.S. labor department’s jobs report was released today indicating that employment in the United States declined by 701,000 individuals last month. Along with payrolls declining by over 700,000 which was 600,000 above the estimate provided by economists which predicted 100,000 jobs would be lost last month, the jobless rate rose to 4.4%. The last time the unemployment rate was as high was back in 2017. The numbers…