Chinese Banks Capitalize on Gold’s Record Run as Investor Demand Soars
Record-high gold prices have triggered increased interest in gold investment products at Chinese banks. As demand surges, banks have raised minimum purchase amounts to manage risks while extending trading hours. This gold boom has significantly increased banks’ precious metal holdings (up 70% in 2024) and boosted their revenue from gold…
What If the Future of Money Isn’t Digital — but Gold?
Mike Maloney’s new video uncovers fresh evidence that a gold-backed monetary system may be closer than anyone expected. Behind the scenes, Trump’s comments on gold, quiet shifts at the U.S. Treasury, and actions by global elites are setting the stage for a massive financial reset. Mike also uncovers why global…
Gold Retreats as US-China Trade Tensions Cool, Investors Eye Economic Data
Gold declined 0.8% to $3,314.52 per ounce on Tuesday amid improving US-China trade relations. US Treasury Secretary Scott Bessent noted that trading partners had made “very good” proposals to avoid US tariffs, while China demonstrated willingness to reduce tensions by exempting some US goods from retaliatory measures. The Trump administration…
Barron’s: Technical Signals Point to Silver Surge as Gold Rally Fades
According to a recent article from Barron’s, it’s time for investors to shift from gold to silver. Gold’s price recently surged from $2,960 to $3,500 per ounce in just two weeks, but warning signs indicate this uptrend may reverse soon. These warnings include momentum not confirming new price highs and…
California Just Became The World’s Fourth-Largest Economy In 2024
California Just Became The World’s Fourth-Largest Economy In 2024 Authored by Jill McLaughlin via The Epoch Times (emphasis ours), California Gov. Gavin Newsom announced on April 23 that California had the fourth-largest economy in the world last year, overtaking Japan. Construction workers on the site of a new development in Long Beach, Calif., on March […]
Nearly One in Four Americans Choosing Between Debt and Necessities
A recent Experian survey reveals the depth of America’s credit crisis, with 23% of adults facing “unmanageable” debt that requires choosing between debt payments and essential needs. However, the data also shows encouraging signs: 45% of respondents have overcome previously unmanageable debt, experiencing improved mental wellbeing as a result. Many…
Silver’s Time to Shine: Why the Forgotten Metal May Soon Catch Gold’s Momentum
Gold has recently hit record highs, up 41% over the past year and 113% this decade, outperforming the S&P 500’s 78% return. Historical patterns suggest silver may soon follow and potentially outperform gold. Silver typically lags gold during market downturns but often outshines it during recoveries due to its dual…
US Treasury Unexpectedly Reports Sharp Drop In Debt Borrowing Needs, Rates Slide
US Treasury Unexpectedly Reports Sharp Drop In Debt Borrowing Needs, Rates Slide In our preview of today’s Treasury borrowing estimate release, we said that we expect the Treasury to announce $507bn in Q2 borrowing, a “figure much higher than Treasury’s estimate of $123bn in February” and entirely due to a lower starting cash balance, which […]
“Please Lower Interest Rates” – Texas Manufacturing Survey Collapses, Respondents Decry “Chaos At The Federal Level”
“Please Lower Interest Rates” – Texas Manufacturing Survey Collapses, Respondents Decry “Chaos At The Federal Level” The ‘soft’ data decoupling from strengthening ‘hard’ data just went to ’11’ as this morning’s Dallas Fed Manufacturing survey results were in a word – atrocious. While Current Production remained positive, manufacturers in the Dallas Fed region have a […]
China’s Q1 Gold Consumption Dips 6% While Investment Demand Surges 30%
High gold prices are reshaping China’s gold market, with Q1 2025 showing a 5.96% decline in overall consumption to 290.492 metric tons. Consumers are pivoting away from gold jewelry (down 26.85%) toward investment products like gold bars and coins (up 29.81%), seeking safe-haven assets amid economic uncertainty. Despite consumption changes,…