During periods of spiraling prices, central bankers and politicians purport to fight inflation by raising interest rates to slow lending, and curb public borrowing and spending...
Retailers are also reporting they plan the lowest hiring for the upcoming holiday shopping season in at least fifteen years. That takes us back to the Great Recession.
Every correction in gold’s price reflects a correction in conviction and a test of who really understands what value looks like when everything else depends on faith.
The Supreme Court, exhibiting skepticism about the legality of Trump’s tariffs, showed that even they understand that the tariffs 1) are a tax and that they 2) are a tax on Americans.
A strong September drove official third-quarter central bank gold purchases to a net 220 tonnes. That was up 28 percent from Q2 and 6 percent above the five-year third-quarter average.
What might once have been described as economic assistance now serves as an instrument of policy signalling, a reminder that confidence in the dollar still requires demonstration.
