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.
Volatility is precisely what we should expect as we come to the end of the cycle and a crisis begins to develop. If we get a different government in 2028, expect...
China’s DeepSeek artificial intelligence (AI) platform has stunned the world, outperforming US AI models while using just a fraction of their resources.