El-Erian: Gold’s Rally Is a Warning Signal About Dollar’s Global Standing
Mohamed El-Erian, president of Queens’ College Cambridge and Bloomberg Opinion columnist, has issued a significant warning about what gold’s recent price surge reveals about the global financial system. Speaking on Bloomberg Surveillance on March 19, 2025, El-Erian characterized gold’s rising prices as a “flashing yellow” warning sign that demands serious…
The Return of Gold as Money Starts in Utah
Utah just took a bold step toward monetary freedom with House Bill 306, allowing state vendors to be paid in physical gold and silver.
Hanoi’s Gold Shops Limit Sales as Buying Frenzy Pushes Prices to Record Levels
Vietnam is experiencing a gold rush as prices approach the 100 million VND per tael ($4,000 per ounce) milestone, with crowds forming outside Hanoi’s gold retailers on March 19. At Bao Tin Minh Chau, one of Vietnam’s leading gold shops, prices increased by 500,000 VND in a single morning, forcing…
Fed Holds Steady on Rates While Trimming Economic Growth Forecast
The Federal Reserve kept interest rates steady at 4.25%-4.5% during its closely watched meeting on Wednesday, where they’ve remained since December. Despite holding rates constant, the Fed still anticipates implementing two rate cuts before year’s end. The decision comes as officials express concerns about tariffs’ impact on an already slowing…
Fed Holds Rates, Signals QT Taper; Blames Trump ‘Uncertainty’ For Stagflationary Outlook
Fed Holds Rates, Signals QT Taper; Blames Trump ‘Uncertainty’ For Stagflationary Outlook Tl;dr: The Fed is firmly in wait-and-see mode. Statement: hawkish Economic projections: mixed (stagflationary) Dots: hawkish QT taper: dovish It’s interesting that the slowdown in QT is so sharp – from $25 billion down to $5 billion a month for the Fed’s Treasuries holdings. […]
Indian Gold Market: Prices Soar 13% as Investment Demand Offsets Jewelry Slowdown
Gold continues its remarkable momentum in India, with domestic prices gaining 13% year-to-date and reaching a record ₹88,946 per 10g as the global price surpassed $3,000 per ounce. While higher prices are dampening jewelry purchases, they’re boosting old gold sales, with investment demand remaining strong through ETF inflows. Despite February…
Gold Outperforms Expectations, Challenges Buffett’s “Unproductive Asset” Label
Gold has broken through the $3,000 per ounce barrier, extending a remarkable 75% rally that began in November 2022. This surge reflects growing global instability and has attracted diverse investors from private individuals to central banks. Key drivers include political uncertainty under President Trump, increasing stagflation risks, anticipated Fed rate…
World Gold Council Strategist Weighs In as Gold Reaches Historic $3,047 Mark
Gold prices have reached a new intraday record of $3,047 per ounce, continuing its remarkable rally with multiple record-breaking moments this year. Joe Cavatoni, senior market strategist at the World Gold Council, has shared his expert perspective on this price movement. According to Cavatoni, several factors are driving gold’s strength,…
Safe-Haven Demand Pushes Gold to $3,045 Ahead of Fed Decision
Gold prices edged higher on Wednesday, climbing 0.2% to $3,039.38 an ounce after touching a record high of $3,045.24 earlier in the session. This marks the 15th record high for gold this year, as investors increasingly turn to the precious metal as a safe haven amid multiple uncertainties. Primary drivers…
Goldman Slashes US Immigration Forecast As ‘America First’ Agenda Takes Hold
Goldman Slashes US Immigration Forecast As ‘America First’ Agenda Takes Hold Vice President JD Vance spoke earlier to companies working “in the national interest” at the American Dynamism Summit, sponsored by venture capital firm Andreessen Horowitz. In his address, he highlighted the significant progress achieved in just two months under a competent administration in securing […]