A conversation with expert Michael Oliver explored the Yen's impact on FOMC rate cuts, the decline of central banks, and the potential parabolic rise of gold.
Central banks added a net 10 tons of gold in May, according to the latest data compiled by the World Gold Council. Central banks bought 23 tons of gold, offset by 13 tons in gross sales.
Nigeria holds about 21 tons of gold in its reserves. Economist Abubakar called the gold repatriation plan “a strategic decision” to safeguard wealth and strengthen financial resilience.
Most Americans see foreign policy as distant. The $200 billion spent on Ukraine affects the U.S. economy, causing inflation that indirectly costs families.
Nixon said promised, “Your dollar will be worth just as much as it is today.” This was clearly a lie. That's what all the charts on WTF Happened in 1971 reveal.
More than 25 states have introduced legislation this year to end taxes on gold and silver, bolster state taxpayer funds with the metals, and more in 2024.
The upcoming financial crises will surpass prior ones, proving bank stress tests inadequate, unreliable, and virtually worthless amid their events and repercussions.
