Gold Holds Ground as Global Political Tensions Rise
Gold prices stabilized around $2,635 an ounce as investors evaluated political unrest in South Korea and France. Despite a 5% decline from October’s record high, gold remains up 28% this year, supported by US monetary easing and central bank purchases. Upcoming US jobs data and the Federal Reserve’s December meeting are key factors influencing gold’s […]
The “Price Stability” Myth Undermines Our Economy And Well-Being
The “Price Stability” Myth Undermines Our Economy And Well-Being Authored by Frank Shostak via The Mises Institute, For most commentators, a “stable price level” is the key for economic stability. For instance, let us say that there is a relative increase in consumer demand for potatoes versus tomatoes. This relative increase is depicted, all things […]
De-Dollarization Effort In Spotlight After Trump’s Tariff Threat On BRICS
De-Dollarization Effort In Spotlight After Trump’s Tariff Threat On BRICS Authored by Andrew Moran via The Epoch Times (emphasis ours), President-elect Donald Trump has threatened to slap a 100 percent tariff on the economies of BRICS nations if they try to abandon the U.S. dollar as the chief international reserve currency, prompting speculation among economic […]
The Looming Debt Crisis: Is America Following The Path Of Collapsed Empires?
The Looming Debt Crisis: Is America Following The Path Of Collapsed Empires? Authored by Nick Giambruno via InternationalMan.com, Debt can topple even the most powerful empires. Whether it’s Rome, Spain, France, Britain, or the Soviet Union, excessive debt has played a critical role in their decline. The typical pattern in these examples of collapsing empires […]
Why "$9000 Gold Is An ABSURDLY LOW PRICE" – Mike Maloney LIVE at Limitless
Mike Maloney, bestselling author and expert on precious metals, reveals why he believes that $9,000 per ounce of gold may be an “absurdly low”
Gold Retreats as Dollar Climbs; US Jobs Report Looms
Gold prices retreated as the dollar strengthened, with investors eagerly anticipating Friday’s US jobs data for insights into the Federal Reserve’s next move. Trading around $2,640 an ounce after a 2.7% drop last week, gold faced pressure from a stronger dollar and reduced safe-haven demand following a Middle East ceasefire. However, ongoing geopolitical tensions and […]
Trump’s Threats Against BRICS Are Based On False Premises
Trump’s Threats Against BRICS Are Based On False Premises Authored by Andrew Korybko via Substack, Putin doesn’t hate the dollar and actually wants Russia to once again be able to use it with its partners for reasons of convenience, but it was the US that forced his country to de-dollarize and pioneer alternative financial instruments […]
Gold Set for Biggest Monthly Fall in 14 Months
Gold prices rose on Friday due to a weaker dollar and geopolitical tensions, but are still set for their largest monthly decline since September 2023. The 3% drop in November is attributed to Donald Trump’s election victory, which sparked a dollar rally and expectations of higher interest rates. Despite Friday’s gains, gold remains on track […]
Mapping The Average Student Loan Debt-Load By State
Mapping The Average Student Loan Debt-Load By State Total federal student loan debt in the U.S. stands at approximately $1.73 trillion, with 43 million borrowers as of 2023, and has experienced significant growth over the past 15 years, increasing by about 232.7% since 2009. The average federal student loan debt across the 50 U.S. states, Puerto […]
Commercial Real Estate Bond Distress Reaches Record High
Commercial Real Estate Bond Distress Reaches Record High Via SchiffGold.com, From the national debt to negative jobs reports, data has been piling up that suggests America’s economic bubble is ready to burst. Now, with the Fed’s most recent round of rate cuts moving through the economy, fault lines are appearing in the commercial real estate sector. The following article was […]