BRICS Just Dropped A Manifesto For The New World Order
BRICS Just Dropped A Manifesto For The New World Order Authored by Andrey Kortunov, This week’s Kazan Declaration suggests that the BRICS – in its expanded composition– is ready to open a new chapter in its history. Never before have such voluminous documents been adopted as a result of the group’s summits. Moreover, the Kazan […]
More Republicans Than Democrats Have Voted Early in Arizona, Nevada, & North Carolina
More Republicans Than Democrats Have Voted Early in Arizona, Nevada, & North Carolina Authored by Jack Phillips via The Epoch Times, With just over a week to go before the Nov. 5 presidential election, more than 40 million people have cast early ballots so far. As of Sunday afternoon, data provided by the University of […]
Tommy Robinson Jailed In UK For 18 Months For Contempt Of Court
Tommy Robinson Jailed In UK For 18 Months For Contempt Of Court Conservative UK activist Tommy Robinson has been jailed for 18 months after admitting to contempt of court. Robinson, 41, whose real name is Stephen Yaxley-Lennon, admitted to breaching a 2021 High Court injunction barring him from making claims about a Syrian refugee student, […]
The Inflationists’ Narrative Is Crumbling
The Inflationists’ Narrative Is Crumbling Authored by Daniel Lacalle, The United States 10-year government bond yield reached a low of 3.6% in September but has rapidly creeped up to 4.2%, erasing all the rate cut impact. The primary cause is the out-of-control public spending and the lack of confidence among bond investors in the government’s […]
Key Events This Extremely Busy Week: Jobs, JOLTS, PCE, GDP, And Peak Earnings
Key Events This Extremely Busy Week: Jobs, JOLTS, PCE, GDP, And Peak Earnings Welcome to what is without doubt the busiest two-week stretch of the year, starting with a barrage of earnings, payrolls, JOLTS, GDP, PCE and the Treasury refunding, and concluding with next week’s presidential election. But first a look at the recent action, […]
El-Erian: Dollar Diversification Fuels Gold's Unprecedented Rally
Mohamed El-Erian attributes the recent surge in gold prices to a deliberate move by global financial institutions to diversify away from the US dollar. This trend is driven by central banks slowly reducing their dollar reserves and a gradual shift away from the dollar-based payment system. Recent events, such as Russia’s economic resilience despite sanctions […]
Leftists Are Terrified About What Will Happen To Them If Trump Wins The Election
Leftists Are Terrified About What Will Happen To Them If Trump Wins The Election After being indoctrinated for almost a decade to believe that their political opponents are secret Nazis ready to install a fascist regime, it’s not surprising that Democrats are freaking out over recent polls indicating a potential Trump win in the November […]
BlackRock: Opportunity Cost of Holding Gold is Falling
As interest rates decline, the relative appeal of gold is increasing, according to BlackRock’s Karim Chedid. He notes that gold’s non-yielding nature is less of a drawback in this environment, positioning it as a valuable diversification hedge for investors seeking to balance their portfolios.
High Prices Reshape China's Gold Consumption Patterns in 2024
China’s gold consumption dropped 11.18% in the first three quarters of 2024 due to high prices deterring jewelry purchases. While gold jewelry demand fell 27.53%, purchases of gold bars and coins increased by 27.14%. Despite a slight dip in domestic gold production, overall output rose 3.2% year-on-year.
Gold Rally Pauses: Money Managers Raise Net-Long Positions in Gold
Gold prices retreated slightly from record highs after Israel’s restrained strikes on Iran eased geopolitical tensions and reduced safe-haven demand. While gold remains supported by factors like expected Fed rate cuts and central bank buying, the targeted nature of Israel’s response has opened the door for potential de-escalation in the Middle East conflict.