US Economy Takes First Downturn Since 2022 as Q1 GDP Falls 0.3%
For the first time since early 2022, the US economy has experienced negative growth. According to the Bureau of Economic Analysis, GDP contracted at a 0.3% annual rate in the first three months of 2025, underperforming economists’ predictions. The downturn follows a strong fourth quarter in 2024 when the economy…
Trade Tension Easing Pushes Gold Lower Despite Strong Monthly Performance
Gold prices fell 1.3% to $3,274.10 an ounce on Wednesday, marking the second consecutive day of decline. This drop is attributed to a stronger dollar and reduced US-China trade tensions. Despite this dip, gold is on track for its fourth straight monthly gain, up nearly 5% in April. Market analysts…
America’s $18 Trillion Debt Crisis: When Even Lunch Requires a Payment Plan
Consumer debt has reached an all-time high of over $18 trillion nationally, with the average family owing more than $100,000. The situation has become so dire that services like DoorDash now offer “buy now, pay later” options for meals. Default rates are climbing, particularly among vulnerable populations. While federal relief…
History Repeats? How Today’s Economy Mirrors the 1970s Stagflation Crisis
The Federal Reserve faces a difficult challenge balancing two opposing economic threats: rising prices due to new tariffs and increasing unemployment. This combination risks “stagflation” – a dangerous economic condition where inflation increases while job growth weakens. Fed Chairman Jerome Powell has chosen a wait-and-see approach for now, but history…
Economic Uncertainty Grows as White House and Federal Reserve Clash
Wall Street is experiencing significant volatility as President Trump escalates his criticism of Federal Reserve Chairman Jerome Powell. Trump wants immediate interest rate cuts to stimulate the economy, even threatening to fire Powell on social media before walking back those comments in an Oval Office meeting. Economic experts, including Moody’s…
Chinese Banks Capitalize on Gold’s Record Run as Investor Demand Soars
Record-high gold prices have triggered increased interest in gold investment products at Chinese banks. As demand surges, banks have raised minimum purchase amounts to manage risks while extending trading hours. This gold boom has significantly increased banks’ precious metal holdings (up 70% in 2024) and boosted their revenue from gold…
What If the Future of Money Isn’t Digital — but Gold?
Mike Maloney’s new video uncovers fresh evidence that a gold-backed monetary system may be closer than anyone expected. Behind the scenes, Trump’s comments on gold, quiet shifts at the U.S. Treasury, and actions by global elites are setting the stage for a massive financial reset. Mike also uncovers why global…
Gold Retreats as US-China Trade Tensions Cool, Investors Eye Economic Data
Gold declined 0.8% to $3,314.52 per ounce on Tuesday amid improving US-China trade relations. US Treasury Secretary Scott Bessent noted that trading partners had made “very good” proposals to avoid US tariffs, while China demonstrated willingness to reduce tensions by exempting some US goods from retaliatory measures. The Trump administration…
Barron’s: Technical Signals Point to Silver Surge as Gold Rally Fades
According to a recent article from Barron’s, it’s time for investors to shift from gold to silver. Gold’s price recently surged from $2,960 to $3,500 per ounce in just two weeks, but warning signs indicate this uptrend may reverse soon. These warnings include momentum not confirming new price highs and…
California Just Became The World’s Fourth-Largest Economy In 2024
California Just Became The World’s Fourth-Largest Economy In 2024 Authored by Jill McLaughlin via The Epoch Times (emphasis ours), California Gov. Gavin Newsom announced on April 23 that California had the fourth-largest economy in the world last year, overtaking Japan. Construction workers on the site of a new development in Long Beach, Calif., on March […]