China Holds Rates Steady as Yuan Pressure Constrains Policy Options
China has maintained its benchmark lending rates for the third straight month, keeping the one-year loan prime rate at 3.1% and the five-year rate at 3.6%. Despite plans for “appropriately loose” monetary policy in 2025, the weakening yuan is limiting Beijing’s ability to implement stimulus measures. This cautious approach comes even as the country achieved […]
Trump's Currency Manipulation Warning Rattles Global Markets
Global markets were jolted on Trump’s first day in office by a new administration fact sheet calling for federal agencies to address currency manipulation by other nations. The move comes at a time when the dollar’s strength, driven by high US interest rates and robust growth, already dominates the $7.5 trillion daily foreign exchange market. […]
Deadly Clash at Ghana Gold Mine Leaves Seven Dead, Sparks Investigation
A fatal confrontation at AngloGold Ashanti’s Obuasi gold mine in Ghana has resulted in multiple deaths and sparked controversy over the circumstances. According to the military, seven illegal miners were killed during a shootout after approximately 60 people carrying locally manufactured rifles breached the mine’s security fence and fired on a military patrol. However, Kofi […]
Inside Zurich's Secret Gold Vaults: Where the Ultra-Wealthy Store Their Billions
Deep beneath Zurich airport lies a testament to gold’s enduring allure: a 350-square-meter high-security vault where the ultra-wealthy store their precious metals. Managed by Egon von Greyerz, these facilities require minimum investments of $400,000 for Zurich or Singapore storage, and $5 million for their Swiss Alps location. This exclusive world of gold storage reflects a […]
Bridgewater's Dalio Warns of UK 'Debt Death Spiral' Risk
Ray Dalio, founder of Bridgewater Associates, warns that the UK faces a potential “debt death spiral” as rising borrowing costs force the country to take on more debt to service existing obligations. Speaking to the Financial Times, Dalio highlighted the troubling combination of rising gilt yields, which touched 4.90% (highest since 2008), alongside a weakening […]
Gold Nears $2,725 as Trump Signals Tariffs on Mexico, Canada
Gold prices are advancing toward their highest levels since early November, trading near $2,725 an ounce, as markets react to President Trump’s announcement of planned 25% tariffs on Mexico and Canada. While China has been temporarily spared from immediate tariffs, Trump’s indication that he’s still considering universal import tariffs has kept market tension high. The […]
Goldman Views Trump’s Day One Trade Policy: “A More Benign Tone On Tariffs”
Goldman Views Trump’s Day One Trade Policy: “A More Benign Tone On Tariffs” President Donald Trump said Monday evening that he plans to impose trade tariffs of as much as 25% on Mexico and Canada by the start of February. “We’re thinking in terms of 25% (tariffs) on Mexico and Canada because they’re allowing a vast number […]
Trump Vows To Refill SPR “Right To The Top” As China Tanker Rates Soar
Trump Vows To Refill SPR “Right To The Top” As China Tanker Rates Soar For much of the past year, oil traders were desperate to find a bullish thesis. Now, in the span of just a few weeks, they have two. On one hand, amid mounting fears of a supply and inventory glut, Biden’s parting […]
Watch: President Trump Hails Start Of “Golden Age Of America” In Inaugural Speech
Watch: President Trump Hails Start Of “Golden Age Of America” In Inaugural Speech Inauguration 2025 Livestream: * * * Update (1325 ET): Welcome back, Mr. President. President Trump declared, “America’s decline is over,” during his second inaugural address delivered in the US Capitol Rotunda. He described the election as a mandate to end “a […]
The Next Phase Of Gold’s Bull Market Has Just Begun
The Next Phase Of Gold’s Bull Market Has Just Begun By Jesse Colombo, author of TheBubbleBubble Following more than two months of stagnation after the U.S. presidential election, gold is now breaking out decisively, signaling its readiness to resume its rally toward $3,000 and beyond. While this recent pause has tested the patience of many […]