As Yellen slides from power, inflation keeps rising, thanks to Yellen & Co., and jobless claims burst higher in recent news, too. Stocks did not. They did not like the news.
Through the first two months of fiscal 2025, the Biden administration managed to run a $624.21 billion budget. It's the biggest shortfall to start a year on record.
Maharrey explored the rocky relationship between Bitcoin and gold. Sharing personal stories, market trends, and insights, he broke down the similarities and differences between the two.
Russia’s oil revenues have fallen each of the last ten months to barely half what they were shortly after the invasion began, and gold reserves have fallen by half over fifteen months.
Cortez highlighted seven legislative victories in 2024, where states across the U.S. adopted policies to remove taxes on precious metals and reaffirm gold and silver as legal tender.
Presumably the shrinkage of the BIS' gold banking business shows that even central banks now prefer to hold their own gold or hold it in earmarked form -- that is, as allocated gold.
The increase in debt was nearly double expectations. It was the biggest jump in consumer debt since July. American consumers now owe over $5.1 trillion in consumer debt.
Defeating the competition posed by gold to the dollar long has been the primary objective of the Federal Reserve, U.S. Treasury Department, and Western central banking generally.
