Trump Confirms Fort Knox Audit, But Gold Slips As Bessent Downplays Revaluation Rumors
Trump Confirms Fort Knox Audit, But Gold Slips As Bessent Downplays Revaluation Rumors Having started the ‘Audit Fort Knox’ discussion last week… Surely it’s reviewed at least every year? — Elon Musk (@elonmusk) February 15, 2025 With our suggestion immediately going viral on X, with Sen. Rand Paul (R-KY) indicating he’s on board – replying […]
Gold’s Unstoppable Rise: Tenth Record This Year as Markets Eye $3,000
Gold prices have achieved their tenth record high this year, climbing to $2,954.69 per ounce as investors react to President Trump’s latest trade threats and geopolitical tensions. The precious metal’s 12% rise in 2024 reflects growing market anxiety over potential new tariffs on multiple sectors, including lumber, automobiles, semiconductors, and…
Futures Fall On Tariff, Walmart Concerns; Gold Hits Another All-Time High
Futures Fall On Tariff, Walmart Concerns; Gold Hits Another All-Time High US equity futures slide from the latest record high as concerns around trade tariffs and a disappointing outlook from Walmart weighed on sentiment. As of 8:00am ET, contracts on the S&P 500 and the Nasdaq 100 slipped about 0.3% as Mag7 names are mixed […]
Gold’s Historic Streak: 8 Weeks Up, 4 Weeks of Records
Goldfutures continue their remarkable winning streak, marking their eighth consecutive week of rising prices. During this run, gold has broken its all-time high record four weeks in a row, reaching levels never seen before. According to analyst Bob Iaccino, two main factors are driving this historic rally: a weaker U.S….
Beyond the Glitter: Gold’s True Value in the Trump Era
Written by: The MacroButler Savvy investors who have thoroughly studied the business cycle, the impact of monetary illusion on it, and its effects on asset allocation within the Permanent Browne portfolio should by now understand that in an inflationary environment, they should own only properties and avoid contracts. Experienced investors…
World Gold Council: PBoC Gold Buying Streak Continues as ETFs See First Outflow
China’s gold market started 2025 strongly, with significant price gains in both London and Shanghai markets despite fewer trading days due to Chinese New Year. While the People’s Bank of China added another 5 tonnes to its reserves in January, reaching 2,285 tonnes, Chinese gold ETFs saw their first outflow…
Trade Uncertainty Propels Gold’s Record-Breaking Run
Gold is holding steady near historic levels as multiple factors reinforce its haven appeal. The precious metal, trading over $2,940 an ounce, has been bolstered by President Trump’s latest announcement of 25% tariffs on automobiles, semiconductors, and pharmaceuticals. Adding to the momentum are geopolitical tensions sparked by U.S.-led Ukraine peace…
The EU Can Back Ukraine If It Wants To: It Just Has To Overhaul Its Political Economy, Military And Markets
The EU Can Back Ukraine If It Wants To: It Just Has To Overhaul Its Political Economy, Military And Markets By Michael Every of Rabobank The US-Russia Ukraine War ceasefire talks in the Saudi capital yesterday are causing a chain Riyadh-tion. Russia made no concessions at all. Indeed, NBC news cites Western intelligence and congressional […]
Flashback: Federal Reserve Refuses To Provide Records Of Foreign Gold Holdings
Flashback: Federal Reserve Refuses To Provide Records Of Foreign Gold Holdings Authored by Ken Silva via Headline USA (March 24, 2024), Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for […]
Gold Hits All-Time High as Trump Expands Tariff Agenda
Gold hit a new all-time high of $2,946.85 per ounce, marking its ninth record this year, driven by President Trump’s threats to impose 25% tariffs on automobiles, semiconductors, and pharmaceuticals. Market analysts expect the precious metal to push toward $3,000 as safe-haven demand intensifies. UBS analyst Giovanni Staunovo suggests sustained…