theburnin.com theburnin.com

Samsung Q1 revenue up 5.6 percent, warns of Q2 decline

April 29—Samsung released its final first-quarter earnings results today, which beat the preliminary projections it released earlier this month. Though the manufacturer recorded a 5.6 percent year-over-year increase in revenue due to improved chip sales, the firm’s smartphone and appliance business contracted because of COVID-19. In addition, the company forecasts an overall second-quarter decline in income due to the coronavirus...

gata.org gata.org

Short squeeze is ending gold suppression by derivatives, Macleod tells KWN

12:50p ET Wednesday, April 29, 2020 Dear Friend of GATA and Gold: With infinite money now being created by the Federal Reserve, GoldMoney research director Alasdair Macleod tells King World News, bullion banks that are typically short gold are striving to close their positions and restricting their trading desks. "The consequences for liquidity in gold and silver derivative contracts are dire," Macleod writes. "The means...