The gold mining industry is struggling to sustain production growth as deposits of the yellow metal become harder to find, said the World Gold Council. According to data from the international trade association, mine production inched up only 0.5% in 2023 compared to a year ago. “It’s getting harder to find gold, permit it, finance […]
By offloading US treasuries and increasing its gold reserves, China aims to shield its economy from potential US economic sanctions and maintain financial stability. This historic move, the largest sell-off initiated by China, coincides with a broader trend of BRICS countries offloading US treasuries since 2022. This move is seen as an attempt to diversify
China’s Historic Dump of $53 Billion US Treasuries Is Unprecedented Blow to US Economy Read More »
Legendary investor John Hussman said that the stock market is mirroring the extremes leading up to the 1929 crash. The stock market looks poised to fall from its extreme heights, said Hussman. A market crash as steep as 65% wouldn’t surprise him, he’s said previously. The stock market’s extreme bull run is about to come
These top-rated bonds took roughly a 26% loss. It wasn’t until recently that investors in the commercial property deal received some of their money back after more than two years, albeit after taking a $190 million collective hit on their roughly $300 million investment, according to data from CrediQ. Losss were so steep they wiped
Bulletproof to Bust: Top AAA Bonds Tarnished by a Blackstone Office Deal’s Blow Up Read More »
Gross is also widely credited with pioneering the “total return” strategy in bond investing. This approach expanded traditional bond management by focusing not only on the interest income but also on capital gains, active trading, and risk management, allowing for a more dynamic and potentially profitable way to manage bond portfolios. “Yep, I said it,
“It’s hard to believe, but the world is beginning to lurch toward a gold-based monetary system,” Forbes wrote in an article published May 21. “This, despite the fact that the historical gold standard is held in almost universal contempt by economists and financial officials.” He said that despite the many myths and pervasive ignorance surrounding
Signs That a Global Gold Standard is Gaining Traction – Steve Forbes Read More »
China takes up over two-thirds of all the annual production…That’s where the gold price is set. During the first two months of 2024, China imported 367 metric tons of gold for non-monetary use. That was a 51 percent increase from the same period in 2023. Gold jewelry, coins, and bullion sales in China rose 24
Could the Shift of Gold West to East Set the Stage for a New Gold-Backed Currency? Read More »
Silver continues to build a bullish 4-year pattern. But it’s got to get through $30, when it does watch out. I mean, there’s nothing above that it has been building a space now for four years. Bill Murphy of Lemetropole Cafe and GATA.org, comments on the nascent PM’s bull market, noting: “The best stuff is yet to
Silver’s Breaking Free at $30: GoldSeek Radio Nugget – Bill Murphy Read More »
Financial markets are about to witness one of the most epic migrations of capital in history as investors rush into hard assets, warned Larry McDonald. With the national debt approaching $35 trillion, there are only two ways out of the situation — defaults or printing more money. A commodity bull market will dominate the financial
China has launched its CBDC and continues to invest heavily in gold. There is palpable tension among Western central banks to keep up and assert their dominance. The introduction of central bank digital currencies (CBDCs) seems inevitable, with significant potential repercussions for the gold market. While touted for their convenience and efficiency, CBDCs also herald
How Will CBDCs Impact Gold Prices? Read More »
