Trump and Musk Question if Fort Knox Gold Has Been “Stolen”
President Trump has raised doubts about the U.S. gold reserves at Fort Knox, suggesting they might have been stolen—a concern also voiced by Elon Musk. Trump plans to visit the facility personally, despite offering no evidence for these claims. The U.S. Mint reports the depository holds 147.3 million ounces of…
Stagflation Fears and Trump Tariffs Push Gold Toward Historic $3,000 Milestone
Gold prices are climbing as markets respond to Trump’s tariffs and expected future announcements. After a brief dip, gold has bounced back above $2,900, with traders setting their sights on the key $3,000 mark. The rally reflects a major shift in markets: the US dollar is falling instead of rising,…
Gold Continues Upward March Amid Growing US-China Trade War
Gold prices edged slightly higher on Wednesday, rising 0.1% to $2,918.83 an ounce, bolstered by a U.S. dollar that hit three-month lows and growing political uncertainty after President Trump announced new tariff measures. The precious metal has climbed 11% this year and reached a record $2,956.15 on February 24, with…
Crescat Capital: Full Faith and Credit of Gold
Crescat Capital’s research highlights gold’s resurgence as a monetary anchor amid unprecedented US debt levels. Currently, US Treasury gold reserves account for just 2% of outstanding government debt—one of the lowest ratios in history and dramatically below the 40% backing seen during WWII. This imbalance creates a compelling case for…
US Economy Projected to Contract 2.8% as Warning Signs Emerge
Despite a US economy that has been “chugging along” with 2.3% GDP growth through Q4 2024, the Federal Reserve Bank of Atlanta’s real-time GDP forecast now projects a 2.8% economic contraction. This negative swing primarily reflects a sharper-than-expected decline in post-holiday consumer spending and increased imports ahead of tariff implementation….
Central Banks Continue Strategic Gold Buying Streak in January 2025
Central banks started 2025 with continued gold buying, adding 18 tonnes in January. Emerging markets led this trend, with Uzbekistan, China, and Kazakhstan making the largest purchases. Poland and India each added 3 tonnes to their reserves. The World Gold Council’s 2024 report shows central banks remain key drivers of…
Gold Climbs as Trump’s Tariffs Trigger Global Safe-Haven Rush
Gold extended its gains for a second consecutive session on Tuesday, rising 0.9% to $2,919.44 an ounce as investors flocked to safe-haven assets amid escalating global trade tensions. President Trump’s implementation of 25% tariffs on Mexican and Canadian imports, along with doubling duties on Chinese goods to 20%, triggered immediate…
Gold vs. Stocks: What Market Trends Reveal About the Next Crash
Is another historic market crash on the horizon? In this eye-opening video, Mike Maloney breaks down the worrying signs that echo past financial crises — from extreme stock market valuations to unprecedented debt levels. Discover why gold is capturing renewed attention, how yield curve inversions have been a consistent recession…
Why Is Kamala Harris Still Begging For Money?
Why Is Kamala Harris Still Begging For Money? Authored by Steve Watson via Modernity.news, Worst presidential candidate ever Kamala Harris has released a new fundraising video for the Democratic Party. Wait, what? Why are they still portraying her as the leader of the Party? Have they learned nothing from the massive public rejection of her […]
Trade War Escalation Pushes Gold Higher as Markets Seek Safety
Gold prices have climbed above $2,915 per ounce as escalating trade tensions drive investors toward safe-haven assets. President Trump’s recent tariffs against Canada and Mexico, along with doubled charges on China, triggered swift retaliation, including Beijing’s implementation of 15% duties on American farm goods. This trade war escalation, combined with…