08/26 End of the Empire: America at 40 (Trillion)
Given that data from the US Treasury Dept. on debt is released one day late, Wednesday saw a multitude…
Tag: Gold
Jobs Report, Hormuz Deal Unlikely to Have Launched Gold as Much as the Yen Bailout
Two notable surges in the price of gold last week were attributed at the open to falling oil prices…
China Ends Paper Gold Trading Hoping to Leverage Strong Physical Position to Reduce Volatility
A Chinese bank that’s the world’s largest measured by total assets informed its customers that on July 24th, buying…
Central Bank Gold Purchases Continued Through the Yellow Metal’s Worst Month in 18 Years
It’s been the worst performing month for gold since 2008, yet the world’s central banks continue to add tonnes…
What Do a Firm Fed and a Yippie Yen Mean for Gold?
A sell-on-the-trumpets rally in gold following a firmer agreement of peace between Iran and the US and an opening…
Central Banks Return to Net Buying of Gold Despite Turkish Sale and Hormuz Stalemate
Central banks returned to being net purchasers of gold in April, recording 19 metric tonnes of reserve additions. Poland,…
What’s Behind Predictions of Gold Prices Continuing to Soar? Institutions Hold the Answer
Pierre Lassonde, the famous Canadian gold mining investor and executive, recently said in an interview that he believes gold…
Gold Jewelry Market Suffers Stiff Downturn Amid High Prices–a Potentially-Terminal Trend
This is part 2 of a 2-part series on the changing use-cases for gold and silver in the modern…
How Data Centers and Debasement Are Changing Millennia-old Use-Cases for Gold and Silver
This is part 1 of a 2-part series on the changing use-cases for gold and silver in the modern…
Countries Using Gold for Liquidity Prove the Yellow Metal Was Doing its Job
The Bank of France (BdF) recently announced it had repatriated all of its remaining gold reserves from New York…
Assault on Iran Likely to Boost Already Soaring Gold Market
Whenever missiles and bullets start flying in the Middle East, all eyes are on the oil sector, and this…
In the Face of Trump’s Threats, BRICS Seems No Closer to Building Alternative Institutions
India holds the rotating presidency of BRICS (Brazil, Russia, India, China, South Africa) this year, and following last year’s…
Will Bad News Continue to Be Good News for US Equities?
For the majority of Joe Biden’s Presidency, interest rates remained higher than historically normal. This had the funny effect…
Will Trump’s Pick of Warsh for Fed Chairman Curtail or Accelerate the ‘Sell America’ Trade?
This is part 2 of a 2-part series on the so-called Sell America trade. You can read part 1…
01/26 End of the Empire: Trump’s Trade Wars Accelerate De-Dollarization Amid US Debt Rollover
End of the Empire is a once-monthly feature on all news relating to the transition from the unipolar world of…
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…
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…