The US Is Now on Track for a $3.5 Trillion Deficit in 2025
Mises Institute, Released on 12/13/24 According to the latest monthly statement from the Treasury Department, the US government Continue…
African Banks Establishing Presence in China as Beijing Pushes for De-Dollarization
Money Metals, Released on 12/13/24 African banks are opening branches in Chinese cities in an effort to tap into growing trade ties between African nations and China. Continue…
Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record
ZeroHedge, Released on 12/11/24 We thought last month’s US budget deficit was bad. Boy, were we wrong. There is no stopping this train. Continue…
Craig Hemke: China Starts the Santa Claus Rally
Sprott Money, Released on 12/9/24 Two bits of news out of China over the weekend appear to have kicked off the “Santa Claus Rally” Continue…
China’s central bank just restarted gold purchases after six-month hiatus
Reuters (via MSN), Released on 12/9/24 The resumption will send a signal that the PBOC has grown accustomed Continue…
Canada is the only G7 country with ZERO gold
Gold Telegraph – X, Released on 12/9/24 The Canadian Dollar is trading at a 4-year low against the dollar. The last 1 year against gold? Down 33% The Bank of Canada is expected to cut rates again this week. Goodbye purchasing power? Canada is the only G7 country with ZERO gold. pic.twitter.com/9mP1hPTAGY — Gold Telegraph […]
Michael Saylor Urges US to Sell Gold and Buy Bitcoin for Reserves
crypto2community, Released on 12/8/24 Michael Saylor proposes that the U.S. should replace gold with Bitcoin as a strategic Continue…
Why do central banks buy gold?
CBS News, Released on 12/6/24 Here are six reasons why central banks buy gold, according to industry professionals: Continue…