Rickards: The Truth About Fort Knox And Gold Leasing
Rickards: The Truth About Fort Knox And Gold Leasing Authored by James Rickards via DailyReckoning.com, Whatever happened to the Donald Trump and Elon Musk visit to Fort Knox? You’ll recall the buzz from earlier this year. Trump and Musk loudly announced they were going to visit the U.S. bullion depository at Fort Knox, Kentucky to […]
Will Beijing De-Dollarize Or Dump US Treasury Debt?
Will Beijing De-Dollarize Or Dump US Treasury Debt? Authored by Milton Ezrati via The Epoch Times, Anticipating what tactics Beijing might use against U.S. President Donald Trump amid trade negotiations, several media outlets here, in Europe, and elsewhere have begun to speculate that China will threaten to distance its economy and its trade from the […]
Israel Has Sold Record Amount Of Debt In US Since Gaza War Erupted
Israel Has Sold Record Amount Of Debt In US Since Gaza War Erupted Via Middle East Eye Israel has sold a record amount of debt in the US since its Gaza war erupted on October 7, 2023, according to a report by Bloomberg on Friday. The government of Israel’s US-based bond broker, Israel Bonds, says it has sold […]
Gold Puts The “Stable” in Stable Coins
If you have eyes to see, ears to hear, take heed now…..as the gold & silver markets continue to shift daily in an ever changing business. Read More
Consumer Debt Surges In April As Student Debt Soars
Consumer Debt Surges In April As Student Debt Soars At a time when conventional media “wisdom” claims that US consumers are panicking ahead of a looming recession and aggressively reducing their spending, moments ago we got the latest consumer credit data from the Fed which confirmed none of that. In fact, one month after consumer […]
Gold Price Surge: Safe Haven Rally on Ukraine War, U.S. Tariffs
Gold is making headlines as investors flock to safe-haven assets amid rising global tensions and economic uncertainty. With geopolitical conflicts escalating and concerns mounting over U.S. fiscal stability, gold is once again proving its value as a protective hedge in volatile times. Gold is flexing its muscles again, nearing $3,400/oz,…
India Gold Demand Slump Deepens as Asia Faces Soaring Prices
The India gold demand slump is worsening as soaring prices and seasonal factors like the early monsoon continue to weigh on buying activity. India’s gold market is seeing deepening discounts as local prices approach all-time highs, discouraging consumer demand. Dealers are now selling gold at up to $56 below official…
What a Gold Revaluation Could Mean for the U.S. and the Dollar
The U.S. government officially owns over 8,100 tonnes of gold—the largest gold reserve in the world. But surprisingly, it still values this gold at an outdated price of $42 per ounce, a number set back in the 1970s. This undervalues its gold holdings on paper at just $11 billion, while…
Perth Mint Gold Scandal: Mint Regains Global Confidence
The Perth Mint still has a strong reputation around the world, despite some past issues, according to a top executive at the World Gold Council. In 2023, an investigation found that the mint sold gold to China that was 99.99% pure, which met global standards but did not meet China’s…
Gold Price Drops Below $3,350 on Strong U.S. Jobs Report
Gold price drops below $3,350 on Friday as new U.S. labor data revealed stronger-than-expected job growth in May. The Nonfarm Payrolls report showed 139,000 new jobs added, beating forecasts of 130,000. Although the unemployment rate held steady at 4.2%, the surprising job gains gave the U.S. Dollar a temporary lift….