David Craggen

Staff Writer, Safehaven.com

Contributor since: 26 Feb 2018

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• The Unknown Media Giant Taking The World By Storm

  Published 08 September 2019 | viewed 692 times

  If today’s gold is data, and the data of each individual is worth about $200, then a content management company reaching 100 million people is…

• U.S. Companies Aren't Bailing On China Just Yet

  Published 02 September 2019 | viewed 1,120 times

  Earlier this month, Trump ordered U.S. companies out of China.  In Twitter litany last week, Trump opined that China has “stolen” vast amounts of money…

• Bankruptcy Is The Only Choice For Many Retailers

  Published 23 August 2019 | viewed 1,867 times

  By the end of this year, retail store closures in the U.S. could reach 12,000, and by 2026, UBS forecasts that 75,000 stores will close…

• How Did 7 Million Tons Of Venezuelan Gold End Up In Africa?

  Published 19 June 2019 | viewed 3,610 times

  Back in March, a Uganda-based gold refinery was caught importing a massive 7.4 million tons of gold under questionable circumstances. At the time, no one…

• Is Wealth Genetic?

  Published 07 April 2019 | viewed 3,219 times

  Depending on where you stand in the ancestral hierarchy, you will either be elated or thoroughly depressed to learn that a new study says that…

• China’s Disgraced Internet “Cleaner” Gets 14 Years For Corruption

  Published 27 March 2019 | viewed 3,163 times

  At one point a few years ago, China’s then-chief internet regulator, Lu Wei, was so powerful that Time magazine felt justified in listing him as…

• Russian Metals Magnate Sues U.S. Over Sanctions

  Published 19 March 2019 | viewed 857 times

  Sanctions against individual Russian oligarchs work, at least according to a lawsuit filed by Kremlin friend Oleg Deripaska, claiming that he’s lost billions, and decrying…

• Goldman Defends Trillion-Dollar Corporate Buyback Spree

  Published 14 March 2019 | viewed 1,080 times

  There’s been a lot of dramatic talk lately about the evils of the new wave of corporate buybacks that soared past $1.1 trillion in 2018…

• U.S. Manufacturing Sees First Massive Strike In 3 Years

  Published 02 March 2019 | viewed 955 times

  GE workers have seen better days—better decades, indeed. Nearly 2,000 workers at a General Electric plant in Erie, Pennsylvania, went on strike after workers union…

• Ford’s Billion-Dollar Brexit Fret

  Published 26 January 2019 | viewed 843 times

  The UK’s auto industry is worth over $100 billion, and things are about to get messy with a Brexit deal up in the air, and…

• May Survives No-Confidence Vote Despite Huge Loss On Brexit Deal

  Published 16 January 2019 | viewed 1,345 times

  British PM Theresa May’s Brexit deal lost by a huge margin on Tuesday, and though her government survived a no-confidence vote, the country’s exit from…

• Cuba Isn’t Quite Ready To Ditch Communism

  Published 26 December 2018 | viewed 3,604 times

  Cubans aren’t as fed up with communism as one might think, despite decades of media opening to the effect that it’s a system preferred only…

• What Warren Buffett Does With His Billions

  Published 27 November 2018 | viewed 3,624 times

  While everyone’s keen to take a few pages out of Warren Buffett’s book for investing and making billions, fewer seem interested in learning other important…

• Artificial Intelligence: The Good, The Bad And The Disastrous

  Published 20 November 2018 | viewed 1,258 times

  The risk of artificial intelligence in the workforce is more the “risk” of change than it is of usurping humans, according to a report from…

• Buffett Bets Big On Banking Stocks

  Published 16 November 2018 | viewed 1,141 times

  The Fed seems bent on raising interest rates in December, and the banking industry is the beneficiary, with legendary investor Warren Buffett hitting the point…

• IMF Calls On Central Banks To Consider State-Backed Crypto

  Published 14 November 2018 | viewed 1,538 times

  Governments have been talking about state-backed digital currencies for at least a year, but 2018 has seen the idea gain significant momentum—if only because crypto…

• Morgan Stanley Defies Wall Street With Bearish Talk

  Published 30 October 2018 | viewed 1,912 times

  Fed moves to hike interest rates are leading to a liquidity evaporation—enough so that Morgan Stanley is defying the rest of Wall Street to call…

• Will These Fintech Originators Replace FANG Stocks?

  Published 26 October 2018 | viewed 1,126 times

  High-flying tech stocks may be losing their FANGs, and payments giants such as Visa and PayPal are suddenly looking a lot more attractive, according to…

• Is Gold Finally Ready To Rebound?

  Published 02 October 2018 | viewed 3,520 times

  Gold isn’t boring anymore—now we can see the bottom, and it’s cheaper than it’s been since 2015, hitting below $1,200 last week after another fed…

• Is A Four-Day Workweek Feasible?

  Published 17 September 2018 | viewed 1,084 times

  This may end up being the century of the four-day work week, as companies begin experimenting with previously unheard of productivity tricks and studies seem…