China’s Next Step: “Helicopter Money” Or “Keynes Is Dead”
China’s Next Step: “Helicopter Money” Or “Keynes Is Dead” Depending on whom you ask, China’s economy is either imploding or swallowing the world. The Chinese are masterminds of espionage or bloated central planners creating empty skyscrapers. So which is it? Last night, to get to the root of the dispute, we gathered two men who […]
S&P Warns of Potential US Credit Downgrade as Debt Reaches 100% of GDP
S&P Global Ratings has issued a warning that it may further downgrade the United States’ credit rating from its current AA+ status, citing unsustainable debt levels and ongoing political dysfunction. In an April 14 report, S&P indicated that upcoming budget negotiations will be crucial in determining US creditworthiness. The US…
Bye Letitia? Criminal Referral Filed Against NY AG Over Real Estate Fraud Accusation
Bye Letitia? Criminal Referral Filed Against NY AG Over Real Estate Fraud Accusation A criminal referral against New York Attorney General Letitia James has been filed with the DOJ, alleging that James had “falsified records” to get home loans for a Virginia property that she claimed was her “principal residence” in 2023 – while she […]
Gold Passes $3,300/oz as Metals Bull Market Rages
As markets grapple with tariff chaos, gold soars to a record $3,300/oz. See why metals are outperforming while traditional investments falter.
Bank of Canada Keeps Rates At 2.75% As Expected, Sees “Significant Recession” In All-Out Trade War
Bank of Canada Keeps Rates At 2.75% As Expected, Sees “Significant Recession” In All-Out Trade War The Bank of Canada kept rates steady at 2.75% as expected, with the central bank saying it would support economic growth while ensuring that inflation remains well anchored. Here are some more highlights from the decision: TARIFFS: The major […]
Gold Soars Past $3,300 as Trump’s Mineral Tariff Probe Sparks Safe-Haven Rush
Gold prices hit a new record high of $3,317.90 per ounce on Wednesday as investors sought safe-haven assets following President Trump’s probe into potential tariffs on critical mineral imports. This move, seen as targeting China, comes alongside new export restrictions on AI chips to China. According to a BofA survey,…
Recession Fears Fuel Gold’s Rise as Major Banks Raise Price Targets to $3,500+
Goldman Sachs and UBS have issued new bullish forecasts for gold prices, raising their targets significantly. Goldman Sachs analysts now predict gold will reach $3,700 per ounce by the end of 2024 and climb to $4,000 by mid-2026. UBS is similarly optimistic, forecasting $3,500 per ounce by December 2025. These…
Goldman: “China Doesn’t Move Needle For Boeing Right Now”
Goldman: “China Doesn’t Move Needle For Boeing Right Now” Update (1442ET): Goldman analysts Noah Poponak and others reacted to Bloomberg’s report earlier this morning regarding China’s suspension of Boeing jet deliveries amid the deepening trade war between the U.S. and China. “We think the impact to Boeing is very small because China had already stopped taking Boeing […]
How Gold Protects Your Portfolio During Recessions
When the economy starts to falter, smart investors often reach for gold. Acting as a proven gold recession hedge throughout market cycles, this precious metal offers a financial sanctuary during uncertain times. But why exactly do gold and silver become so valuable when times get tough? Throughout history, gold has…
Rabobank: Just What Does A World In Which The Dollar Isn’t Reserve Currency Look Like?
Rabobank: Just What Does A World In Which The Dollar Isn’t Reserve Currency Look Like? By Michael Every of Rabobank The US has opened two new Section 232 trade actions likely to lead to 25% tariffs on semiconductors and pharma, as already flagged. Obviously, both industries will reel, and Ireland is likely to take a […]