Best Investment Right Now
The world’s biggest chipmaker, TSMC, posted record 2024 profits of 2.9 trillion New Taiwan Dollars, its highest since 1994. Taiwan Semiconductor Manufacturing Company supplies the world’s largest companies, namely Microsoft, Nvidia and Apple. This shows that the boom in AI-chip technology is here to stay as demand increases for AI integration into cloud computing and most other sectors.
Gold has rallied four days in a row ahead of the US payroll figures. Trading at $2,680 an ounce, it is set to gain 1% in its first trading week of the year. Gold, the strongest performing commodity of 2024 with gains of 27%, indicated the flight to a safer haven amidst geo-political turmoil. 2025 seems set to follow the same trends as last year ahead of Trump’s administration and controversial policies. Fears of possible trade wars and potential slowing of FED rate cuts could see gold bullion maintain its highs and possibly climb even further.
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