Fed Quietly Restarts Something That Quacks Like QE and Precious Metals Soar
At the recent meeting of the Federal Open Market Committee (FOMC), the Federal Reserve cut its benchmark rate by…
Tag: Gold
Doubling of Gold Price Over 5 Years Sees Global National Reserves Hit $4.8 Trillion in October
On October 7th, gold prices hit $3,977 per troy ounce, some 100% from where the price sat five years…
Shanghai Gold Exchange to Set Up Warehouses for International Deliveries and Favored Pricing in RMB
In major eastern financial news, the Shanghai Gold Exchange could soon be delivering specific products to overseas partner warehouses…
China Believes it’s Found World’s Two Largest Gold Deposits Totaling 2,000 Tonnes—Right Within its Own Borders
Geologists in China have now reported that they have identified two new large gold deposits inside the country that,…
BRICS Summit Yet Again Passes Without News of Gold-Backed Reserve Currency
As the 2024 BRICS Summit closes in Kazan, Russia, the two major questions held by observers skeptical of the…
10/22 End of the Empire: BRICS+ Summit Kicks off in Kazan as World Leader in Multilateralism Seems Set to Grow
End of the Empire is a once-monthly feature on all news relating to the transition from the unipolar world…
Gold’s Remarkable Rise to $1 Million a Bar Offers Rare Media Flashpoint of a Quiet Bull Market
News broke last week that upon reaching a new all-time record high of over $2,500 per troy ounce, the…
4/22 End of the Empire: America in Uncharted Economic Waters Following Foreign Aid Bills
End of the Empire is a once-monthly feature on all news relating to the transition from the unipolar world…
Russian Embassy Confirms Creation of BRICS Currency Backed by Gold Without a Timetable
In this political climate, no one should take what the employees of a single Russian embassy say as gospel,…
Gold and Silver Were Some of the Best Performing Assets in 2022
As a slight rally in equity markets kicks off 2023, a stealth bull market in gold and silver continued…
Big Commodity Gains Midway through January Even After Another Positive Inflation Report
Markets are betting in different ways as Thursday’s long-anticipated Consumer Price Index (CPI) report showed a small slowdown in…
Gold Will Buttress Attempts by BRICS Nations to Create New Reserve Currency
In June during the 14th annual BRICS summit, it was announced that the five economies would be seeking to…