Gold is projected to gain momentum in the latter half of 2025 as the Federal Reserve resumes rate cuts. However, the current spotlight is on how President-elect Donald Trump’s proposed tariffs are dramatically impacting the global silver market, according to Daniel Ghali, Senior Commodity Strategist at TD Securities. In a recent interview, Ghali highlighted an […]
Gold is a Stable Hedge Against Tariff-Driven Inflation and De-Dollarization The global economy is experiencing profound changes as nations challenge established trade and currency norms. The BRICS coalition—comprising Brazil, Russia, India, China, South Africa, and recent additions like Iran and the UAE—has taken steps to reduce the U.S. dollar’s influence. In this evolving landscape, gold
Gold Hedges Tariff Inflation & De-Dollarization Read More »
In a bold move to tackle what he sees as a monumental task, Elon Musk has invited former U.S. Congressman Ron Paul to join the newly formed Department of Government Efficiency. Musk, who has been tapped by President-elect Donald Trump to lead the initiative alongside entrepreneur Vivek Ramaswamy, has stated that cutting wasteful spending is
President-elect Donald Trump has sent a firm warning to the BRICS nations, signaling that the United States would impose a 100% tariff on any attempt to introduce a new currency by the group. Trump made his stance clear, stating, “The notion that BRICS countries could move away from the U.S. Dollar without facing consequences is
Trump Issues Strong Warning Against BRICS Currency Plans Read More »
In its 10th annual Billionaire Ambitions Report for 2024, UBS highlights significant trends in the investment strategies of the world’s wealthiest individuals. Over the past decade, the total wealth of billionaires has skyrocketed by 121%, growing from $788.9 billion in 2015 to $2.4 trillion in 2024. The number of billionaires has similarly increased from 1,757
Why Billionaires Are Increasing Their Gold Investments Amid Economic Uncertainty Read More »
In recent developments, President-elect Donald Trump has issued a stern warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—threatening to impose 100% tariffs if they proceed with plans to establish a new currency aimed at challenging the U.S. dollar’s global dominance. This move underscores the escalating tensions surrounding the dollar’s supremacy in international
Trump’s Tariff Threats and the Global Economic Response Read More »
China and Japan are ditching US Treasuries like never before. In the third quarter of 2024, Japan sold a staggering $61.9 billion of US government debt—the biggest quarterly sale on record. This came right after they offloaded $40.5 billion in the second quarter. Not to be left out, China dumped $51.3 billion in the same
China and Japan are Duping US Treasuries Read More »
(Kitco News) – Former U.S. Congressman Dr. Ron Paul doubled down on his long-standing call for the abolition of the Federal Reserve, arguing that the institution is unconstitutional, illegal, and detrimental to the U.S. economy, which is already showing significant cracks. In an interview with Kitco News, Paul stressed the urgency of addressing the Fed’s
How concerned should the United States be with the latest developments in the Ukrainian conflict, the Middle East, and the Indo-Pacific? Quite concerned, according to the top U.S. military officer in the Indo-Pacific. Over the past few weeks, we have seen North Korean troops deploying in Russia and Ukraine to support Moscow’s war of aggression in Ukraine.
Global Tensions Soar: U.S. Military on High Alert Amid New Security Risks Read More »
I have seen more than my fair share of financial crises during my time in the U.S. government. I was the assistant secretary of the U.S. Treasury for financial institutions during the 9/11 terrorist attacks and chair of the Federal Deposit Insurance Corp. during the 2007-2008 financial crisis. The U.S. government resorted to deficit-financed spending
U.S. Debt Could Drive the Next Financial Crisis Read More »
