#Trump: Apply the Gaza deal 2025 as the model to the Russia – Ukraine Peace Deal: 1. Form the autonomous Republic of Crimea, including the adjacent “land bridge” presently occupied by the Russians, under the joint sovereignty umbrella. 2. Attract large scale investments. 3.Etc.
Jefferies sees any sharp correction in Gold as buying opportunity
Investors should view any sharp correction in gold prices as an opportunity to accumulate, according to the latest report by Jefferies, reports 24brussels.
Gold has witnessed a remarkable rally, rising 53.9 percent year to date, following a 27.2 percent gain last year. Concurrently, the unhedged gold-mining index has surged 131.8 percent year to date, compared with only a 13.3 percent increase last year. Jefferies noted that the rapid ascent of both gold and gold-mining stocks, coupled with heightened media attention surrounding the precious metal, raises the risk of a potential correction in the near term.
Despite this, Jefferies maintains a positive long-term outlook, advising investors to capitalize on any price declines. The firm stated, “The near vertical ascent in both gold and gold mining stocks, and the current media chatter, naturally raises correction risks. Investors should view any sharp correction as an opportunity to accumulate.”
On Thursday, gold prices broke above USD 4,000 per ounce, marking a significant milestone in the ongoing rally. Historically, gold’s performance in US dollar terms has shown a negative correlation with the level of real interest rates; however, this correlation has weakened substantially amid record levels of central bank gold purchases since the third quarter of 2022.
The surge in demand from central banks began following the United States’ decision in late February 2022 to freeze Russian foreign exchange reserves. Since that time, global central banks have acquired record amounts of gold—1,080 tonnes in 2022, 1,051 tonnes in 2023, 1,089 tonnes in 2024, and 415 tonnes in the first half of 2025. Jefferies indicates there is no sign that this trend will abate anytime soon.
The report reaffirms a long-term bullish stance on gold bullion, with a revised price target set at USD 6,600 per ounce. This target stems from a comparison of the peak gold price of USD 850 per ounce in January 1980 with the increase in US nominal personal disposable income per capita since that time. In 1980, the gold price represented 9.9 percent of US disposable income, which was USD 8,551. As of August, the gold price stands at USD 4,040 per ounce, or 6.0 percent of the current USD 67,240 per capita disposable income. To match the previous 9.9 percent ratio, gold would need to rise to approximately USD 6,684 per ounce. Jefferies concludes that ongoing US dollar debasement trends support this long-term bullish outlook for gold.
Grant Hill, a junior majoring in music and economics at Brigham Young University, will intern at BCG in the summer of 2026.
Grant Hill
Grant Hill, 22, is a junior at Brigham Young University and an incoming intern at BCG.
Hill spent between “200 to 300 hours” preparing for the application process.
He said his experience as a music major helped him stand out from the other candidates.
This is an as-told-to conversation with Grant Hill, a junior at Brigham Young University, majoring in music and economics. He will intern at Boston Consulting Group in the summer of 2026. This conversation has been condensed and edited for clarity.
When I started college, I never thought I’d end up in consulting. I was a music major playing the cello at Brigham Young University, and consulting seemed like something only economics or finance students did.
That changed when I got a message from someone in BYU’s Management Consulting Association, a group for students interested in consulting. At the time, I was serving as the secretary of the Filipino Club, and they reached out about doing a cultural partnership. As I chatted with club members, I became interested in consulting.
Once I decided to apply for an internship, I realized I had a lot of catching up to do. I didn’t have a business background, so I went all-in on prep between March and June of my sophomore year of college. I used RocketBlocks, a platform for consulting and tech interview preparation, attended Leland bootcamps, and even hired a coach. All in all, I probably spent between 200 and 300 hours preparing.
By the summer of this year, soon after I turned 22, I started interviewing. BCG was the first of the consulting giants to open applications. I sent my materials in July, got an interview, and had an offer in hand by early August.
At first, I thought my music background would hold me back. I even tried to sound more “businesslike” in interviews — using buzzwords I didn’t fully understand — because I thought that’s what consulting firms wanted.
But I realized that wasn’t the best approach.
As a cellist, I spend my days performing under pressure. I know what it feels like to make mistakes in front of an audience and recover from them. I also know how to collaborate. Every day, I perform in small ensembles. I’m constantly adapting to others. I’m obsessive about details, such as perfect intonation. And I’m accustomed to receiving tough feedback — music students receive it daily — and we have to apply it promptly.
BCG prides itself on a strong feedback culture, and I realized I could position that as an asset. In my interviews, I talked about how I’ve built resilience and discipline through performance, and how my background in music taught me to think creatively under pressure.
One part of the process that surprised me was BCG’s AI chatbot, Casey. Half of your first round is with a live interviewer, and the other half is with this chatbot. You basically run a case with it. It wasn’t my favorite experience. You don’t get feedback. You just get a ton of numbers. It’s not like a real conversation.
My advice to candidates is to invest in a coach. Coaching changed everything for me. You don’t need to run a hundred cases. You need to run quality ones.
Ensure you find advocates within the firm you want to work at. I only spoke with a handful of BYU alums — maybe five — but I built strong relationships with them, and they advocated for me during the recruiting process.
I’m now double-majoring in economics. I declared it at the end of my sophomore year to get more familiar with business topics before starting my internship, but it didn’t help me land the offer.
Success is often defined as being the best among people who are all doing the same thing. But I think I got the offer not because I was the best, but because I was different.
Chebbi says the hustle culture of corporate America wasn’t sustainable for her well-being.
Hayet Yasmine Chebbi
Hayet Yasmine Chebbi left her corporate job and moved from NYC to Montreal in 2023.
Chebbi says the ‘survival of the fittest’ mentality of corporate America was too much for her.
She enjoys Montreal’s creative scene and slower pace, but the language and weather were difficult.
This as-told-to essay is based on a conversation with Hayet Yasmine Chebbi, a 26-year-old content creator and podcaster based in Montreal. It’s been edited for length and clarity.
I lived in New York City for the first 24 years of my life. It was all I’d ever known, and as a kid, I thought I’d never leave.
When the pandemic hit, my college went remote, I got laid off from my contract fashion job at Chanel, and I felt like the US’s response to the pandemic was inconsistent. People dream of coming to New York, but I wanted to dream somewhere else.
In 2023, I left my corporate marketing job and moved to Montreal to live with my husband and start my own business. Although my income has been unsteady and there have been some culture shocks, I feel a lot less on edge, and my nervous system appreciates the change of pace.
I initially thought Dubai was the answer
After graduating from college in 2021, I went to Dubai for a month to get out of the city, and I absolutely loved it. I remember thinking, “This is the place I want to build my career in.” The city was efficient, organized, and clean, while still having the sensational sense of opportunity that I felt in New York.
On that trip, I met a friend who introduced me to my now-husband, who was living in Montreal. We started dating right away, and I spent the next two years traveling between New York City and Montreal. However, I was still determined to move to Dubai and was looking for job opportunities. My husband was supportive of me pursuing whatever path was best for my career.
Climbing the corporate ladder made me tired
In the meantime, I got a job at Christian Dior in NYC as an e-commerce client advisor and later transitioned into my marketing role at a media company.
I was doing the whole “climbing the corporate ladder” — working long hours, sacrificing sleep, working through lunch breaks, and carrying the mental workload home on weekends — all in an effort to prove myself. I prioritized my career and placed my physical and mental health second.
Over time, that lifestyle caught up with me. Despite my dedication and strong performance, I began to feel drained, disconnected, and unfulfilled. In time, I realized that no amount of career success was worth sacrificing my well-being. The “survival of the fittest” lifestyle was all too much for me, and I felt deeply unfulfilled.
I realized living in Dubai would be very expensive, and the entry-level jobs I found didn’t pay enough to offset that cost, but I still wanted to live in a place that could offer me an affordable, well-balanced lifestyle. Montreal checked all those boxes.
I left my job, moved to Montreal, and started my own business
In late 2023, I married my husband and officially moved to Montreal by applying for a work permit under his name. I created my own LLC, which is technically registered in the US, to do content creation and a podcast. I haven’t made an income from it yet.
Babysitting has allowed me to earn an income while maintaining flexibility in my schedule, but to be transparent, my income has been unsteady. I’ve been relying on my husband for the majority of our bills, but I’ve been seeing some slow growth for my business.
Still, Montreal is the perfect place for me as someone working in the creative space. There’s a deep cultural appreciation for modern and contemporary art, and the music scene is amazing. I’ve built a circle of artists and musicians who’ve helped me see a whole new life outside corporate, and they’ve motivated me to create.
The language and weather have been a big change
The language barrier has been an adjustment. My husband and his friends are more French-speaking, so there are times I just can’t keep up, and my husband will have to translate for me.
I took an amazing three-month, government-funded class to learn the language and integrate with Quebec culture, and I can now comfortably navigate day-to-day interactions.
In Montreal, about six months of the year are winter, so I’ve really had to adapt to the weather. In New York, a snow day was a miracle; it meant schools would close, and you were going to meet up with your friends to make snow angels. The snow would have to be insane in Montreal for something to be canceled.
Life is so much more relaxed in Montreal
Montreal has a good balance between the European way of life — long lunches, calm days, sitting at the coffee shop for hours — and the energy of New York City.
People seem to be a lot more present here. For example, people in Montreal stand still on the escalator, while people in New York City walk on it.
One time, I was jogging on the street in Montreal to get to a hair appointment, and I felt like people were staring at me like there was something wrong with me. That moment was small but made me realize that I’m not in New York City anymore. I don’t need to run, I’m going to get there.
I miss the spark of NYC, but I don’t have plans to go back
When I first moved to Montreal, I thought I’d never leave; however, my husband and I have decided to relocate to Toronto in 2026 to allow for a smoother immigration process
New York will always hold a special place in my heart and will always feel like home. If the right opportunities open up and it feels like the best decision for my family and my career, I’d consider moving back.
I sacrificed myself in corporate America to make my bank account happy, but now I’m making my soul happy. I’ve always been ambitious, but since moving, I’ve realized that success isn’t only made through hustle. It can be made through slowness, steadiness, and even rest.
Do you have a story to share about moving from the US to Canada? If so, please reach out to the reporter at tmartinelli@businessinsider.com.
