BUSINESS

Seventeen years have passed since a nine-page technical document, or white paper, was published in a remote corner of the internet, heralding the arrival of the world's first cryptocurrency. During this time, Bitcoin has evolved from a simple curiosity into a mainstream element of the financial world. However, the identity of its inventor, now known worldwide under the pseudonym Satoshi Nakamoto, continues to remain shrouded in mystery. The New York Times shared evidence suggesting that the founder of the cryptocurrency might be a British individual named Adam Black. Yet, the person in question has denied these allegations.

There's a growing curiosity about the future of gold prices. Recently, gold has been demonstrating a downward trend, prompting new forecasts from experts. According to these specialists, gold is set to continue its upward trajectory. Economist Selçuk Geçer, on the other hand, made a bold claim stating, 'Gold will skyrocket,' and went as far as to predict a price of 10,000 dollars.

Known as a 'safe haven' for its consistent profitability, gold has been on a downward trend recently. Despite this decline, the public seems unfazed. Experts predict a rise in gold prices by the end of 2026, and citizens seem to be taking this in stride. According to social media posts, there are claims of a citizen who sold their house to buy a kilogram of gold. What's more, this individual firmly believes that, thanks to gold, they will be able to purchase four houses within the next 12 years.

Tensions in the Middle East never seem to subside, not even for a moment. Amidst the ongoing conflict between the USA, Israel, and Iran, the global energy market finds itself in an unprecedented state of uncertainty. As the mutual attacks persist, the closure of the Strait of Hormuz has led to record-breaking oil prices. According to a report by the Wall Street Journal, there's talk of a doomsday scenario where oil prices could skyrocket to $180.

Global markets have shifted their focus to precious metals. The question on everyone's mind in Turkey is what will happen to the prices of gold, their favorite investment tool. Gold and silver, which started the week under intense selling pressure, are seemingly in the midst of a test. While there are efforts to recover on the spot gold front, the sharp pullback in silver has left investors in a state of confusion. Will gold prices rise? Experts have made the anticipated announcement for gold.

Gold prices are on a rollercoaster ride. The fate of gold, which experiences a cycle of falls and rises, is a subject of curiosity. Economist Selçuk Geçer, who made statements from his YouTube account, issued a warning to those who want to buy and sell gold. Describing the situation as 'the calm before the storm,' Geçer provided a figure for gold.

The escalating tension in the Middle East and the logistical deadlock in the Strait of Hormuz have dealt a blow to the heart of Turkish industry. Due to the increase in plastic raw material prices and the disruption in the supply chain, many plastic facilities located in Istanbul, Gaziantep, and Konya have brought their holiday break forward. According to a report by Merve Yiğitcan from Ekonomim, factories that have sent their employees on holiday leave are urgently awaiting a 'force majeure' regulation from the public sector.

The escalating tension in the Middle East has led to an unexpected scenario in Dubai, the heart of global gold trade. Due to the war in the region, the halt of flights and disruption of logistic lines resulted in tons of gold bars being stranded in Dubai. Sellers eager to liquidate their stocks began offering massive discounts, with prices plunging to as much as $30 below the benchmark price in the London market.

The reciprocal attacks between the USA, Israel, and Iran have sent gold investors into a panic. The anticipated rise in gold prices, which typically surge during periods of war, has failed to materialize, leaving many puzzled. People have started to question, 'Why has gold fallen? Will it rise again?' As speculation about the future of gold prices continues, Financial Analyst Islam Memiş has made a new prediction. Memiş anticipates that gold will rise upon the announcement of a 'ceasefire'. Meanwhile, he also issued a warning to gold investors.

Software titan Oracle is reportedly planning to lay off thousands of employees due to escalating costs and cash needs in their process of expanding artificial intelligence data centers. It's indicated that the company is particularly aiming to reduce operational expenses in order to accelerate infrastructure investments.According to industry sources, the competition among technology giants over artificial intelligence infrastructure is becoming increasingly fierce. Consequently, the high investment costs in this field are forcing companies to undertake restructuring and cost-cutting measures.

The globe is attentively observing the evolving situation in the Middle East. With oil prices skyrocketing, there's a growing intrigue about the fate of gold, a reliable refuge in turbulent times. Economist Selçuk Geçer has disseminated his forecasts about gold on his YouTube channel. Urging investors to 'maintain their composure,' Geçer cautioned that succumbing to panic could result in financial setbacks.

What's the current state of affairs regarding gold prices? The global markets have been thrown into a frenzy following the conflict between the US, Israel, and Iran, which led to the closure of the Strait of Hormuz. With the breakout of war, the focus has shifted to the fluctuation of gold prices. So, are we expecting a surge or a plunge in gold prices? Economist Emrah Lafçı has issued a crucial alert for gold and silver.

With the rapid expansion of e-commerce, courier companies are experiencing a golden age. However, the situation in the United States tells a different story. Despite an increase in the number of packages, the profits of courier companies have remained stagnant. The world's two leading courier giants, FedEx and UPS, have decided to downsize. These courier companies are set to close hundreds of facilities, potentially leading to thousands of layoffs. This situation could result in an increase in shipping fees.

Apple, a leading global technology company, has acquired 'Kuzu', a company founded by Turkish entrepreneurs. It has emerged that Kuzu, a graphic database company established by Ardan Araç and Assoc. Prof. Dr. Serdar Salihoğlu, joined the Apple family last year.

Peter Schiff, an economist renowned for his prophetic prediction of the 2008 global crisis, has shared his alarming new scenario that could shake the markets. As gold prices continue their record-breaking climb, Schiff has revealed his unsettling forecast regarding the dollar. He stated, 'The US dollar will collapse, and gold will take its place.' According to this esteemed economist, the rapid rise in gold prices is a harbinger of a new crisis. Schiff further claims that this impending crisis will be even greater than the one experienced in 2008.

NFTs, the general term for digital assets operating on blockchain technology, entered our lives following the pandemic. These digital art pieces made such a swift entrance into the market that even simple visual files sold for millions of dollars, leading many to view them as the investment tool of the future. However, NFT technology didn't exactly bring smiles to the faces of its investors. Recently, the value of a digital piece that sold for 1.8 million dollars in 2021 has come under scrutiny once more.

The top 10 wealthiest individuals in the world have been revealed. Forbes has shared its updated billionaires list. Elon Musk added a staggering 244 billion to his fortune just as the clock struck midnight on January 1st. The leading economic magazine, Forbes, stated in its announcement, 'Musk, the wealthiest person on the planet, is now almost three times richer than Larry Page, the co-founder of Google, who is in second place.'