In January, European gold-backed ETFs charted the largest inflow of metal in more than two years, driving global ETF gold holdings higher to kick off 2025.
While the idea of the US revaluing its gold remains largely speculative, history shows that major changes in gold’s monetary role are not unprecedented.
This could mean that if President Trump follows through with this proposal it will further push Saudi Arabia away from the United States and toward the BRICS alliance.
You’ll wind up with a country deep in chaos and corruption. Those who dismiss these words of warning out of loyalty will eventually deserve the corrupt government and lack of truth and all the chaos that comes with that kind of dismissal.
The largest mining company in the world expects that by 2050 the energy transition sector will represent 23% of copper demand compared to the current 7%.
China's futures traders have been the driving force behind gold’s extraordinary $400 surge in March and April 2024. However, these traders have been relatively quiet since then.
The reason FDR began cutting gold's ties to the dollar was so he could borrow and spend more. It was a boon for the federal government, helping it grow into the behemoth it is today.
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.
