Gold Climbs as Trump Tariffs Raise Economic Concerns and Dollar Weakens
Gold prices climbed back above $2,870 on Monday after last week’s pullback, helped by a falling dollar and rising concerns about Trump’s upcoming tariffs. The president plans to hit Canada and Mexico with 25% tariffs this week and double existing charges on Chinese imports. These moves are raising fears of…
The Original Matrix – What They Don’t Teach You About Money
The Original Matrix – What They Don’t Teach You About Money Via Santiago Capital, “You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit hole […]
How Modern Monetary Theory Advocates View Money & The State
How Modern Monetary Theory Advocates View Money & The State Authored by Frank Shostack via Mises.org, According to the Modern Monetary Theory (MMT), money is something decided by the state. The MMT regards money as a token. For instance, when an individual places a coat in the cloakroom of a theater, he receives a tin […]
Gold From Safe Haven to Problem Solver
There are updates in the market. Deliveries from London through American Banks back to New York, being distributed through the treasury PLUS, talks on Trump wanting to go to Fort Knox to see if the gold is there, a signal to the federal reserve. Read More
Next Gold Move Will Surprise The World
Next Gold Move Will Surprise The World Authored by Egon von Greyerz via vongreyerz.gold, Trump would not be surprised if there is no gold in Fort Knox. There should be 4,600 tons there, at a value of $430 billion. The U.S. allegedly holds 8,100 tons of gold in Fort Knox, with most remaining reserves stored […]
Zelenskyy ‘Regrets’ What Happened During Oval Office Meltdown; Ukrainian Officials “Desperate” To Get Deal Back On Track, Trump Not Interested
Zelenskyy ‘Regrets’ What Happened During Oval Office Meltdown; Ukrainian Officials “Desperate” To Get Deal Back On Track, Trump Not Interested Update (1922ET): The significance of today’s meltdown in the Oval Office between Trump, Vance, and Zelenskyy cannot be overstated. Essentially here’s what went down: A deal was done, as far as US officials were concerned, […]
Californians Falling Behind On Bill Payments Amid Soaring Debt Levels
Californians Falling Behind On Bill Payments Amid Soaring Debt Levels Authored by Kimberly Hayek via The Epoch Times, Californians are falling behind on their bills amid the highest per capita debt levels since 2008, according to debt statistics by the Federal Reserve Bank of New York in its most recent Quarterly Report on Household Debt and […]
America’s Two-Speed Economy: How the Rich Are Driving Spending
America’s economy is now running on two separate tracks. The top 10% of households—those earning over $250,000 yearly—account for half of all consumer spending and a third of GDP, according to Moody’s Analytics. This concentration of spending power has reached record levels since tracking began in 1989, nearly doubling from…
Gold Forms Bearish Pattern but $2,800 Support Level Holds the Key
Gold markets faced substantial headwinds last week, creating a bearish engulfing candlestick pattern that signals potential further weakness in the immediate future. Technical analysis points to a critical support zone around $2,800, which aligns with a significant trend line, the 50-day Exponential Moving Average, and previous swing high resistance-turned-support. The…
Tariff Panic Drives 600 Tons of Gold into US Vaults as Market Braces for Impact
Over 600 tons of gold (nearly 20 million ounces) has flooded into New York City vaults since December as traders rush to stockpile the precious metal ahead of Donald Trump’s impending tariffs. Initially targeting Canada and Mexico with 25% tariffs set to take effect next week, market fears have expanded…