Major gold holder invests in Peter Thiel-backed company [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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jpmorganchase.com/corporate/investor-relations/investor-relations.htm
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Source: Yahoo! Finance
As the U.S. dollar sinks to new lows, gold has been hitting new highs. A few weeks ago, the bullion's price surpassed $5,500 per ounce to hit the highest point on the charts. Meanwhile, JPMorgan Chase raised its long-term gold price forecast to $4,500 an ounce while keeping its 2026 year-end forecast at $6,300. Now, it turns out a major gold holder has announced an investment in an internet marketplace popular among Gen Z. More News: Public company to offer gold dividends in a first Gold giant becomes major buyer of U.S. debt S&P downgrades Tether to lowest rating Tether invests in Whop.com Tether Limited is a major crypto firm that is popular for its USD-pegged stablecoin, USDT. With a market cap of $183.55 billion, USDT is the world's largest stablecoin that accounts for around 60% of the total segment. The firm also issues Tether Gold (XAUT), a digital token backed by physical gold. One XAUT is backed by one fine troy ounce of physical gold. It meets the Good
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JPM
Earnings
- 1/13/26 - Miss
JPM
Sec Filings
- 2/25/26 - Form 424B2
- 2/25/26 - Form 424B2
- 2/25/26 - Form 424B2
- JPM's page on the SEC website