David Craggen

Staff Writer, Safehaven.com

Contributor since: 26 Feb 2018

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

  Published 19 June 2019 | viewed 412 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 3,002 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 2,802 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 736 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 899 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 857 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 710 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 1,220 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 3,432 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 3,424 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 1,115 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 1,020 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 1,383 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 1,691 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 1,037 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 3,428 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 881 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…

• UK Unicorn Eyes Flying Taxis By 2022

  Published 13 September 2018 | viewed 3,570 times

  A British energy entrepreneur and former Formula 1 racing team owner, Stephen Fitzpatrick, thinks he’s got exactly what it takes to build a new inter-city…

• Are SEC Cannabis Concerns Overblown?

  Published 11 September 2018 | viewed 1,136 times

  Now that Cannabis stocks are suddenly shooting through the roof and even bears are jumping on board as whiskey, vodka and beer companies start buying…

• Koch Brothers Abandon Trump Ahead Of Midterms

  Published 03 September 2018 | viewed 1,694 times

  With United States mid-term elections approaching, a lot of attention is being devoted to the public feud between Trump and the billionaire Koch brothers, the traditional…