Crackdown on Corruption: US and UK Target Illegal Gold Networks
The United States and the United Kingdom have imposed new sanctions targeting the illicit gold trade, which they claim funds Russian President Vladimir Putin’s war in Ukraine and fosters corruption. The UK froze the assets of five individuals, including Kamlesh Pattni, a businessman accused of smuggling gold and laundering money through a global network. These […]
Understanding The Implications Of The CME’s New 1oz Gold Futures
Understanding The Implications Of The CME’s New 1oz Gold Futures By Jesse Colombo of The Bubble Bubble Report CME Group Inc., the parent company of COMEX, the leading U.S. exchange for gold and silver futures, will introduce a one-ounce gold futures contract in January. This move comes in response to soaring demand from retail investors, […]
Americans Agree That Money Has Too Much Power In Congress
Americans Agree That Money Has Too Much Power In Congress The line between lobbying, political donations and corruption is perilously thin. While the former is sometimes referred to as “bribery in a suit” by critics, the key difference between the two is that lobbying is legal, while bribery as a form of corruption is not. […]
South Korea Slaps Travel Ban On President; Goldman Shows Possible Transition Scenarios
South Korea Slaps Travel Ban On President; Goldman Shows Possible Transition Scenarios South Korean equities slid, and the won approached its weakest level since 2009 on Monday, following last week’s political turmoil when President Yoon Suk Yeol briefly declared emergency martial law. President Yoon survived Saturday’s impeachment motion, but the Justice Ministry banned him from traveling overseas […]
‘Person Of Interest’ In NYC Assassination Being Questioned By Police In PA
‘Person Of Interest’ In NYC Assassination Being Questioned By Police In PA A man in Pennsylvania is being questioned in connection to the murder of UnitedHealthcare CEO Brian Thompson in New York City, police sources tell CBS News New York. A source close to the investigation said that a person of interest was being questioned […]
After Volatility Collapse, Gold Breaks Out As China Resumes Bullion-Buying
After Volatility Collapse, Gold Breaks Out As China Resumes Bullion-Buying The last ten days or so have seen an almost unprecedented collapse in gold’s realized volatility… Source: Bloomberg …as the price of the precious metal hovered just below its crucial technical 50-day moving-average level… Source: Bloomberg As we posted on X, this created a coiled […]
China's Gold Appetite and Syrian Turmoil Propel Bullion Prices
Gold prices climbed as China’s central bank resumed bullion purchases after a seven-month hiatus, adding 160,000 fine troy ounces to its reserves. The surge was further fueled by heightened geopolitical tensions in Syria, where President Assad’s regime collapsed, potentially destabilizing the Middle East and increasing safe-haven demand for gold.
CEO Killer’s Backpack Held Monopoly Money But No Gun – Police Release New Photo
CEO Killer’s Backpack Held Monopoly Money But No Gun – Police Release New Photo In a colorful twist in a case playing out like a TV crime drama, the backpack ditched by the killer of UnitedHealthcare CEO Brian Thompson held Monopoly money and a jacket — but not the murder weapon. With no name publicly […]
Golds Gift, Buy The Dip!
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Argentine Energy Companies Issue US Debt As Milei’s Favor Grows On Wall Street
Argentine Energy Companies Issue US Debt As Milei’s Favor Grows On Wall Street Confidence in Argentina, and its economy, looks to be picking up steam. So much so that Argentine energy companies are tapping U.S. debt markets, according to Bloomberg. Shale driller Vista Energy raised $600 million in its first foreign bond sale, while Pampa […]