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While gold recently experienced a pullback that brought it to sub-$2,900 levels, analysts still believe it can bounce back to reach $3,000. In February, gold broke key record levels several times, as investors sought refuge in hard assets. Gold Still Pointing High, Analysts Believe $3,000 Attainable Gold is becoming a key asset in international markets, … Read more
The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches Bullion Banking, Aims to Include Gold Savers Into the Country’s Formal System Indonesia is launching formal bullion-based banking, joining … Read more
Bullionstar, a premier gold dealer based in Singapore, warned about the high demand for large gold ingots and reported tightness in the supply. The firm stated that this behavior is not normal. Gold Demand Rises, ‘Tightness’ in Large Gold Bars’ Market The demand for gold has kept growing in world markets, and now even institutional … Read more
Robert Kiyosaki warned that if Fort Knox gold is missing, the U.S. economy could collapse, the dollar would crash, and global chaos could be inevitable. Missing Fort Knox Gold Could Wreck Economy, Destroy Dollar, and Spark Global Turmoil Robert Kiyosaki, author of Rich Dad Poor Dad, raised concerns about the U.S. economy after questioning the … Read more
In January, Swiss gold exports to the U.S. reached a record high of 193 metric tons, driven by fears of potential tariffs. This surge, exceeding the total for 2024, was triggered by a premium on Comex gold futures, creating a profitable opportunity for traders to deliver gold to U.S. warehouses. Due to differing bar sizes … Read more
Speculation over Fort Knox’s gold reserves grows as decades without full audits fuel doubts about the vault’s contents. On Polymarket, bettors now price a 21% likelihood the gold doesn’t exist, mirroring lingering public distrust despite official claims of security. Is America’s Iconic Gold Secure? 21% of Polymarket Bettors Say No Decades of conjecture have swirled … Read more
A perennial inquiry among financial circles—from bitcoin enthusiasts to gold stalwarts—centers on the U.S. national debt’s vertiginous climb to $36.51 trillion by Feb. 22, 2025. Contrary to the specious assertions of certain commentators who simplistically blame tax reductions, the crux lies in three interlocking forces: expansive fiscal outlays, unrelenting shortfalls between revenue and expenditures, and … Read more
Gold prices reached a record high on Feb. 20, driven by fears of a global trade war due to U.S. President Donald Trump’s tariff threats, which increased safe-haven demand for the metal. Spot gold rose to $2,936.38 an ounce, with an earlier peak of $2,954.69, marking its tenth record high this year. U.S. gold futures … Read more
The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same timeframe, while spot bitcoin ETFs have amassed more than $40 … Read more
During an online exchange involving news outlet Zerohedge and D.O.G.E. head Elon Musk, Rand Paul explained that Fort Knox’s gold reserves weren’t audited yearly. Paul proposed to help Musk conduct this audit and verify that the purported $425 billion worth of gold is still held there. A Golden Opportunity: Senator Rand Paul Proposes to Audit … Read more