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
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
Ray Dalio is the founder of Bridgewater Associates. Reuters / Ruben Sprich© Reuters / Ruben Sprich Surging government debt could trigger a “heart attack” for the US financial system, Ray Dalio said. The Bridgewater founder said years of deficit spending were causing “plaque” to accumulate. The elite investor said a failure to act could spell trouble
First, we’ll discuss why a shift to a gold-backed dollar would be a powerful and strategic move for the United States. Then, we’ll highlight current developments that suggest this transition may happen sooner rather than later. There have been a lot of rumors about the U.S. going back on a gold standard or a partial
U.S. Returning to a Gold-Backed Dollar? Read More »
Series 3 of 3: Hard Reset Imminent — History They Don’t Teach: World Power Cycle, U.S. Nearing An End America Must Act Fast To reverse its downward trajectory in the current World Power Order Cycle, the U.S. must take decisive action to maintain its global dominance. We will provide straightforward data and charts to illustrate
Following Elon Musk’s announcement last week that he wants to personally audit the United States’ gold reserves at Fort Knox on behalf of the Department of Government Efficiency (DOGE), President Trump now says that he intends to come along. Trump announced on Saturday during his appearance at the Conservative Political Action Conference (CPAC) that he would
For centuries, countries’ currencies have flowed in cycles, intertwined with debt cycles. Typically, every 50–75 years, currency and debt cycles end simultaneously, undergoing a major hard reset, as seen after WWII (1944–1946). Over the next several weeks, we’ll share historical insights and perspectives to help provide a basic understanding of currency cycles, debt cycles, resets—and
Series 2 of 3: Hard Reset Imminent — History They Don’t Teach: Debt Cycles, Boom to Bust Read More »
With quickly rising debt levels in the U.S., dollar stability and America’s economy are facing an “existential threat,” warned Dr. Judy Shelton, Senior Fellow at Independent Institute and former economic advisor to President Donald Trump. She added that it is time to get back to sound money, and one historically proven option is linking gold
(Kitco News) – Fresh off his recent forays into the Treasury Department’s payment systems, tech billionaire Elon Musk is now gearing up to conduct an in-person audit of the United States’ gold reserves at Fort Knox on behalf of the Department of Government Efficiency (DOGE). Musk announced his intentions on Monday afternoon through a pair of
