HSBC And Former Citi Heavyweights Breakdown Tariffs’ Impact On Global Economy
HSBC And Former Citi Heavyweights Breakdown Tariffs’ Impact On Global Economy A ceasefire has been called in Trump’s trade war… well in every country except China where he materially escalated. Was this 4D chess or Trump caving to the Bond Vigilantes? And more importantly, what’s next… Visit the ZeroHedge homepage tonight at 6pm ET for […]
Gold to $12,000? The Mar-a-Lago Accords Could Spark the Rally
The Mar-a-Lago Accords are coming — and they could transform the global financial system overnight. We may be witnessing the early stages of a historic monetary reset, with gold and silver positioned at the center. Mike and Alan came together for an urgent update to discuss this remarkable situation: The…
Jobless Claims Keep Rising In ‘Deep TriState’ Region As DOGE Impact Accelerates
Jobless Claims Keep Rising In ‘Deep TriState’ Region As DOGE Impact Accelerates Another week, another solid jobless claims print, seemingly crushing the Paul Revere-ish cries of “a recession is coming” from the Left and the legacy media. 223k Americans filed for jobless benefits for the first time last week – a number that has basically […]
Tariff Chaos Propels Gold to Biggest Daily Gain Since 2022
Gold prices surged, coming close to last week’s all-time high after posting its largest one-day gain (+3.3%) in 18 months. The rally was triggered by market uncertainty following President Trump’s confusing tariff announcements. After initially implementing tariffs on 60 trading partners, Trump announced a 90-day pause for 56 countries and…
Gold Surges Past $3,100 as US Escalates China Tariffs to 125%
Gold prices continued their upward momentum on Thursday, climbing 1.3% to $3,122.02 per ounce amid escalating trade tensions between the United States and China. This follows gold’s largest daily gain since October 2023 the previous day. Despite President Trump announcing a temporary 90-day reduction in duties for numerous countries, he…
Secondhand Gold Rolex Demand Rises As Yellow Metal Hits Record
Secondhand Gold Rolex Demand Rises As Yellow Metal Hits Record Spot gold prices climbed back above $3,000 an ounce on Wednesday morning after breaking above the key psychological threshold in mid-March. The surge comes amid escalating tariff wars and rising recession risks, fueling demand not only for gold bars as a safe haven—but also for gold […]
As Lira Crumbles, Turks Seek Refuge in Gold
In Istanbul’s 560-year-old Grand Bazaar, traders are witnessing panic as Turks rush to exchange their rapidly devaluing lira for dollars, gold, and other stable assets. The Turkish currency has lost more than 80% of its value over five years due to President Erdogan’s controversial economic policies, particularly pressuring the central…
Swiss National Bank: Gold As a Safe Haven Asset
The Swiss National Bank just released a new report about how gold acts as a safe haven asset. Here are some of their findings: The Swiss National Bank’s new report reveals that gold plays a unique role in Switzerland’s economy. Switzerland is a global hub for gold, refining one-third of…
Chinese Investors Flood Gold ETFs with $1 Billion as US Tariff Threats Escalate
Chinese investors funneled a record 7.6 billion yuan ($1 billion) into four major onshore gold ETFs last week, with strong inflows continuing this week. This investment surge followed steep tariffs announced by US President Trump, which erased trillions from global equities and heightened recession fears. China has vowed to “fight…
As Gold Soars, Luxury Watch Collectors Rush to Gold Rolexes
Gold Rolex watches are seeing a surge in demand that coincides with record-high precious metal prices and a shift toward dressier timepiece styles. Three gold Rolex models have climbed dramatically in the Bloomberg Subdial Watch Index since 2022, with the yellow-gold Day-Date 228238 rising from 30th to 9th place. This…