Golden Throne Thieves Get Prison Time for $6 Million Blenheim Palace Heist
Two men have been sentenced to prison for stealing an 18-carat gold toilet worth $6 million from Blenheim Palace in 2019. James Sheen, the mastermind, received four years in prison, while Michael Jones got 27 months. The artwork, titled “America” by Italian artist Maurizio Cattelan, was stolen in a five-minute…
Gold Consolidates Above Key $3,400 Level After Geopolitical Risk-Driven Surge
Gold prices pulled back on Monday as investors took profits after a significant rally driven by Middle East tensions. The precious metal had reached near two-month highs following Israeli strikes on Iranian territory and Iran’s missile response targeting Israeli sites. Despite Monday’s 0.5-0.7% decline, analysts note that gold remains above…
Gold Retreats From Geopolitical Rally as Israel-Iran Tensions Continue
Gold retreated from earlier gains on Monday, settling around $3,415 per ounce—approximately $80 below its April record high. The Israel-Iran conflict, now in its fourth day with continued missile and drone exchanges, initially boosted gold prices but wasn’t enough to sustain the momentum. Last week saw a 3.7% increase in…
Gold Becomes World’s #2 Reserve Asset as Nations Seek Sanctions-Proof Holdings
Central banks worldwide have pushed gold to become the second-largest reserve asset after the US dollar, surpassing the euro for the first time. Gold now represents 20% of global reserves versus the euro’s 16%, following record purchases of over 1,000 tons annually since 2022—double the previous buying pace. This shift…
Dark-Money Network Funneled Millions Into ‘No Kings’ Nationwide Color Revolution Operation
Dark-Money Network Funneled Millions Into ‘No Kings’ Nationwide Color Revolution Operation Submitted by Peter Schweizer & Seamus Bruner of the Government Accountability Institute, New Schweizer team investigation reveals how ‘No Kings’ and its partners bagged $114.8 million from the Arabella dark money network and how these professional protest organizations use tax dollars as a force multiplier. 🚨 […]
Trump Rules Out Firing Powell But Threatens Action on Interest Rates
At a White House briefing Thursday, President Donald Trump stated he would not fire Federal Reserve Chair Jerome Powell, despite his ongoing criticism of the Fed’s interest rate policies. Trump expressed frustration with the lack of rate cuts and suggested he “may have to force something” to achieve lower rates,…
Goldman Reduces U.S. Recession Probability by 5 Points
Goldman Sachs has reduced its 12-month U.S. recession probability forecast to 30%, down from 35%, citing decreased uncertainty around President Trump’s tariff policies. The adjustment follows a new trade framework between the U.S. and China that helped calm investor concerns after April’s “Liberation Day” tariffs had disrupted global markets. Key…
Safe-Haven Rush: Gold Jumps 1.7% on Israeli Strikes Against Iran
Gold surged 1.7% to $3,439.79 per ounce on Friday, nearing its April record of $3,500.05, as Israeli airstrikes on Iranian nuclear facilities and missile factories sparked fears of wider Middle East conflict. The precious metal posted a 4% weekly gain. Two factors drove the rally: escalating geopolitical tensions and softer…
Gold Passes Euro As Second-Largest Global Reserve Asset: ECB
Gold Passes Euro As Second-Largest Global Reserve Asset: ECB In the latest indication of gold’s rising prominence in international finance, the yellow metal has surpassed the euro as the world’s second-largest reserve asset, a European Central Bank analysis of year-end 2024 holdings has found. As the year ended, the US dollar represented 46% of central bank […]
Gold Surges to Near-Record Levels as Middle East Tensions Explode
Gold experienced a significant rally following Israel’s military strikes on Iranian nuclear sites, with prices jumping as much as 1.7% before moderating. Prime Minister Netanyahu vowed to continue operations until the “threat” is eliminated, while Iran responded with drone attacks and promises of severe retaliation, including potential action against U.S….