Record Gold Prices Trigger Bank Shortages Across China
A buying frenzy has emptied gold inventories across China’s banking sector as the precious metal hits consecutive record highs, reaching $2,942.71 per ounce. The Industrial and Commercial Bank of China reports nearly all sizes of their Ruyi Gold bars are out of stock, with only 10-gram bars showing limited availability….
Record Gold Prices Trigger Bank Shortages Across China
A buying frenzy has emptied gold inventories across China’s banking sector as the precious metal hits consecutive record highs, reaching $2,942.71 per ounce. The Industrial and Commercial Bank of China reports nearly all sizes of their Ruyi Gold bars are out of stock, with only 10-gram bars showing limited availability….
Record Gold Prices Trigger Bank Shortages Across China
A buying frenzy has emptied gold inventories across China’s banking sector as the precious metal hits consecutive record highs, reaching $2,942.71 per ounce. The Industrial and Commercial Bank of China reports nearly all sizes of their Ruyi Gold bars are out of stock, with only 10-gram bars showing limited availability….
Gold’s 40% Surge Raises Stakes in Treasury Reserve Debate
As gold experiences a remarkable rally with over 40% gains in the past 12 months, outpacing the S&P 500’s performance by double, a controversial proposal has emerged regarding America’s gold reserves. The suggestion to adjust the bookkeeping valuation of these reserves could theoretically add $750 billion to the U.S. Treasury…
Powell’s Patience, Trade Tensions Pull Gold from Record High
Gold markets experienced a slight retreat from their historic peak as Federal Reserve Chairman Jerome Powell’s congressional testimony dampened immediate rate cut expectations, causing prices to ease 0.5% to $2,884.51. The precious metal had reached an unprecedented $2,942.70 on Tuesday, driven by escalating trade war concerns following President Trump’s new…
Which Left-Wing NGOs Does Brussels Fund In Hungary (With Taxpayer Money) To Go After Orbán?
Which Left-Wing NGOs Does Brussels Fund In Hungary (With Taxpayer Money) To Go After Orbán? Authored by Liz Heflin via Remix News, The European Commission is essentially manipulating NGOs to achieve its own goals in exchange for financial support. A Dutch newspaper has exposed part of this process, writes Magyar Nemzet, which then shows how Brussels […]
Which Left-Wing NGOs Does Brussels Fund In Hungary (With Taxpayer Money) To Go After Orbán?
Which Left-Wing NGOs Does Brussels Fund In Hungary (With Taxpayer Money) To Go After Orbán? Authored by Liz Heflin via Remix News, The European Commission is essentially manipulating NGOs to achieve its own goals in exchange for financial support. A Dutch newspaper has exposed part of this process, writes Magyar Nemzet, which then shows how Brussels […]
Visualizing The European Union’s $19 Trillion Economy
Visualizing The European Union’s $19 Trillion Economy The European Union, a political and economic bloc of 27 member countries, has faced uneven growth in recent years, with its largest economies experiencing stagnation or mild contractions. Despite recent challenges, the EU continues to be a significant global economic force, underpinned by its strong industrial base, developed […]
Visualizing The European Union’s $19 Trillion Economy
Visualizing The European Union’s $19 Trillion Economy The European Union, a political and economic bloc of 27 member countries, has faced uneven growth in recent years, with its largest economies experiencing stagnation or mild contractions. Despite recent challenges, the EU continues to be a significant global economic force, underpinned by its strong industrial base, developed […]
Trump’s 25% Metal Tariffs Send Gold to New Heights
President Trump’s implementation of 25% tariffs on steel and aluminum imports has driven gold as high as $2,942.70 per ounce amid trade war concerns. While considering an exemption for Australia, Trump specifically cited Chinese steel exports as indirectly flooding the U.S. market through third countries. The decision has drawn mixed…