Germany ranks second in gold reserves behind the U.S. It officially holds 3,352 tonnes of gold with about 1,236 tonnes (37 percent) held in Federal Reserve vaults in the U.S.
The People’s Bank of China (PBoC) continues to buy unprecedented amounts of gold as the global financial is deleveraging (i.e. investors exchange credit assets for gold).
No matter where you are in the world, you will be able to find somebody willing to transact business in gold - even if you have to pull it out of your mouth.
Trump's tariff policy, despite intentions like national security, will have brutal economic consequences, with a full-blown deflationary depression more than a possibility.
As gold surges to all-time highs and geopolitical shifts fracture the old monetary order, Powell believes we’re witnessing the early stages of a broader return to sound money.
Long before fiat currency, digital dollars, or cryptocurrency, America’s Founders sought to anchor the young nation’s economy in gold and silver, i.e. sound money.
