The largest mining company in the world expects that by 2050 the energy transition sector will represent 23% of copper demand compared to the current 7%.
China's futures traders have been the driving force behind gold’s extraordinary $400 surge in March and April 2024. However, these traders have been relatively quiet since then.
The reason FDR began cutting gold's ties to the dollar was so he could borrow and spend more. It was a boon for the federal government, helping it grow into the behemoth it is today.
The collapse of the swaps may indicate the collapse of the entire longstanding Western central bank system of controlling the gold price through unbacked derivatives.
That financial journalists refuse to pursue evidence of cheating, even when they have easy opportunities, is why governments, their treasuries, and central banks keep getting away with it.
The present approach will have far-reaching negative impacts that you have to expect, and they are going to be coming from directions you don’t expect.
