Gold Headlines

An Upcoming Paper Gold Crisis? (Budapest Business Journal)

Similarly, the majority of gold ETFs only have a fraction of the gold on hand, compared to the face amount of gold ETFs in circulation. Conventional banks are quite heavily regulated, hence relatively transparent, whereas bullion banks are lightly regulated, and opaque, bullionstar.com notes.    https://bbj.hu/business/an-upcoming-paper-gold-crisis_189486

Fed officials call for tougher regulation to prevent asset bubbles: FT

Goldman Sachs Likes Silver; Trump Wants Even More Stimulus (SilverSeek)

Silver Market Update (SilverSeek)

Senate to vote this week on 'skinny' pandemic relief bill, PPP funds

The average American has $90,460 in debt

 

IMF calls for ' A new Bretton Woods' and 'G20 Debt Restructuring'

U.S. Budget Gap Tripled to Record $3.1 Trillion in Fiscal 2020, Treasury Says

Gold set for weekly decline as stimulus hopes ebb

“With a stimulus bill this year highly uncertain, gold remains beholden to the USD,” said Tai Wong, head of base and precious metals derivatives trading at BMO. “While sentiment for gold remains strongly bullish without a strong short-term driver, we seem to be oscillating around $1,900 unable to substantially break the month-long range of $1,850-$1,950.”

Barrick a 'long way off' deal with PNG in mine dispute, CEO says