The world monetary order could be in the process of re-centering around gold in a big way. When mutual trust among nations erodes, gold becomes the ultimate standard of value.
Here’s what we know: Inflation is rising, growth is weakening, and the Fed is tightening. All these seem likely to persist, though to varying degrees and with occasional breaks.
China is the largest producer. Gold production in 2021 is est. at 332 tonnes (Russia 330.9). There is reason to believe that, like official holdings, China reports this estimate much lower..
The two industry allies contemplate the approaching end of the COMEX’s confidence scheme, as investors wake up to widespread spoofing and join the mass exodus to fairer alternatives.
The value of a gold-backed currency for the general public is that gold controls the money. Bankers can’t print it at will. They can only print as much as they have gold to back …
This bill will not only increase inflation, it will also increase government spending and taxes. Inflation is the act of money creation by the Federal Reserve...
As the U.S. economy heads into recession, conventional stocks are vulnerable. Meanwhile, demand for safe-haven alternative assets combined with ongoing inflation pressures..
$35 trillion. Yes, $35 trillion that is what has been estimated of global wealth destroyed in the first six months. Trouble is, a study shows that markets are still overvalued by almost another $35 trillion.
