Markets Retreat as Trump Tax Bill Raises Alarm Over US Debt Sustainability
Stock markets and the US dollar fell on May 21 as investors grew increasingly concerned about President Trump’s tax-cutting bill. Treasury yields rose amid fears the legislation could worsen the US’s already substantial $36 trillion debt by an additional $3-5 trillion. Oil prices increased after reports of Israel preparing strikes…
America’s Credit Downgrade: What It Means for Gold
Moody’s just downgraded U.S. debt. Here’s why investors are turning to gold — and why it might be too early to take profits.
David Einhorn: Why Gold Will Keep Rising — And It’s Not Inflation
Hedge fund manager David Einhorn argues that gold’s rise has more to do with trust erosion in government policy than inflation. He cites persistent deficits, deglobalization, and lack of political discipline as reasons investors are seeking the safety of gold. According to Einhorn, gold has become a hedge against fiscal…
Bitcoin Surges To New Record High, ‘Trumping’ Gold Since Election
Bitcoin Surges To New Record High, ‘Trumping’ Gold Since Election Bitcoin just surge to a new record high, $109,500, extending its recent post-pause recovery and up over 60% since President Trump was elected… BTC ETF inflows continue to build… …and we suspect there is more to come, if the recent surge in global liquidity is […]
Silver May Offer Tactical Gains After Gold’s Bull Run
While gold dominates headlines, silver is quietly building momentum. Analysts point to silver’s strong industrial demand, growing green energy applications, and its tendency to outperform gold during late-stage rallies. With gold prices near all-time highs, many see silver as the undervalued asset with greater upside potential.
Is Japan About To Hike Rates AND Restart Yield Curve Control?
Is Japan About To Hike Rates AND Restart Yield Curve Control? By Elwin de Groot and Michael Every of Rabobank Iran’s Khamenei said nuclear talks with US are unlikely to “lead to any outcome”… as US intel says Israel is preparing for a strike on Iran, seeing oil prices move higher. The Israeli press also says […]
Gold Climbs as Dollar Weakens and Deficit Doubts Mount
Gold prices rose above $3,305/oz, buoyed by a softening U.S. dollar and market jitters over the country’s ballooning deficit and political gridlock surrounding tax cuts. Investors are turning to gold as a defensive play amid growing concerns about the U.S. fiscal trajectory. The dollar’s retreat has made gold more appealing…
NH’s First Black Sheriff Jailed For Blowing Public Money On Travel With Women
NH’s First Black Sheriff Jailed For Blowing Public Money On Travel With Women A New Hampshire man who was heralded as the first black sheriff in the state’s history was sentenced on Monday to 3 1/2 years in prison for squandering $19,000 of taxpayers’ money on expensive getaways with multiple love interests — and then […]
No Trial Data, No Vax: FDA Demands Gold Standard Testing For Any New COVID-19 Vaccines
No Trial Data, No Vax: FDA Demands Gold Standard Testing For Any New COVID-19 Vaccines Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Food and Drug Administration (FDA) will not approve COVID-19 vaccines for many Americans absent trial data showing that the benefits outweigh the risks, top agency officials said on May […]
Gold Is America’s ‘Anti-Dollar’, Says Interactive Brokers’ Steve Sosnick
Steve Sosnick, chief strategist at Interactive Brokers, described gold as the “anti-dollar,” highlighting its inverse correlation to the greenback. He explained that recent political and fiscal instability in the U.S.—including credit downgrades and ballooning deficits—has made gold more attractive as a hedge. Sosnick expects continued demand for gold if the…