A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. At the end of January, foreign countries owned $1.32 trillion worth of U.S. mortgage-backed securities, or 15% of the total outstanding, according to Ginnie Mae. “If China wanted to hit us hard, they could […]
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Gold prices hit $3,200 for the first time on Friday. Trump’s tariffs and China’s retaliatory action have roiled global markets. A BlackRock strategist said gold was a better hedge than Treasury bills amid the market turmoil. Gold hit another record high above $3,200 on Friday — and is a better way to protect against the ongoing
Several surveys from 2008 and 2020 estimate that only 10.8% to 12% of Americans own physical gold. The simple truth is this: Americans are just beginning to wake up. Physical gold has been the most sought-after form of wealth, diversification, and money throughout history—valued across every culture and era. It has served—and continues to serve—as
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Bond-market chaos is fueling concerns about a crisis. Here’s what you need to know. © MarketWatch photo illustration/iStockphoto Chaos in the U.S. stock market has infected the bond market, fueling speculation about a potentially destabilizing shock to the global financial system. The U.S. 10-year Treasury yield has climbed as much as 65 basis points over the
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MSN While Bitcoin is often compared to gold, crucial differences in their value structures and ownership transparency mean the cryptocurrency carries the same kinds of risks seen in mortgage-backed securities during the 2008 financial crisis, and history may now be repeating itself, according to two academic researchers. “Bitcoin is now priced at almost a hundred thousand dollars
MSN (Kitco News) – A rare convergence of gold demand from both Eastern and Western economies is fueling a significant rally in the precious metal, and silver is on the cusp of a major move back to its all-time highs, according to Tavi Costa, Partner & Macro Strategist at Crescat Capital. Speaking at the PDAC
MSN The Federal Reserve just posted another massive loss. This time, it’s $77.6 billion for 2024. That brings the total damage under Powell to $192 billion in just two years. The central bank released its audited financials on Friday. It’s the second straight year of red ink, following a $114.3 billion loss in 2023. This
The wave of precious metals freedom continues to sweep across the U.S. as two more states have officially cut taxes on gold and silver, reinforcing their status as sound money. With New Jersey slashing sales taxes and Nebraska eliminating capital gains taxes on gold and silver, the movement to return to real money is picking up speed. New Jersey: No
Ray Dalio, founder of Bridgewater Associates, has raised alarms about the United States’ national debt, predicting an imminent crisis. What Happened: According to a report by Fortune, Dalio expressed his concerns during his speech at the CONVERGE LIVE event in Singapore on Thursday. Dalio highlighted a severe imbalance between supply and demand, noting that the debt-to-GDP ratio has
President Trump declined to rule out that the U.S. economy would contract this year and enter a recession, saying that his sweeping economic agenda could cause short-term turbulence that he believed would drive future prosperity. Asked in a “Sunday Morning Futures” interview on Fox News if he was expecting a recession this year, Trump replied:
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