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Category: Finance

Nike Shares Recover After Kaepernick Advertisement Sparks Boycott

Nike shares recovered their losses on Monday after their contentious publicity campaign featuring former San Francisco 49ers quarterback Colin Kaepernick initially spurred a drop in their shares. The campaign, released to celebrate Nike’s 30th anniversary of their slogan “Just Do it,” sparked both backlash and support of the brand.

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Goldman Sachs Wants to Mine Asteroids and Run Bank with APIs in “Radical Future” Vision

An asteroid just passed earth. It had £3.7trillion worth of platinum on board. Goldman Sachs wants to mine that platinum. The multinational financial company holds…

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China & Russia are Stockpiling Gold



Gold refineries in Switzerland sent a record amount of gold to Shanghai last December, and Russia is buying gold in droves as well, as the United States experiences a time of tumultuous politics and the european banking system is reported to be on the verge of collapse.

Figures released at the end of January by Federal Customs Administrations showed that Switzerland, a world leader in gold production, sent 158 tonnes of gold to China, a five time increase over November’s sum and nearly three times the volume in December 2015.

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