Julius Baer reports that central banks are shifting from U.S. bonds to gold.
The recent surge in gold prices is driven by central banks increasing their gold holdings while reducing their positions in US Treasury securities.
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JPMorgan Chase, Bank of America, and Citibank Under Fire for Holding $7.4 Trillion in Potentially Risky Off-Balance Sheet Assets
New government data reveals that JPMorgan Chase, Bank of America, and Citibank are holding trillions of dollars in potentially risky assets off their official balance sheets.Read now -
BRICS Moves Raise Fears of US Economic Collapse, Expert Says
The fragility of the US economy has become a growing concern among experts.Read now -
Rare Money Supply Shift Since the Great Depression Signals Potential Market Turbulence
Wall Street has been volatile in recent years, with the major indexes fluctuating between bear and bull markets since 2020.Read now -
Silver Shines: Price Analysis and Future Outlook
Silver, the precious metal known for its versatility, has experienced a dynamic market in recent times. This article will delve into the current price of silver, the factors influencing its performance, and expert predictions for its future trajectory.Read now -
Retail CBDCs pose a risk of financial instability, warns Swiss central bank
The Swiss National Bank holds the view that the potential drawbacks of implementing a retail central bank digital currency (CBDC) likely outweigh any advantages, warning that their introduction could lead to "significant consequences" for financial stability.Read now -
With gold reaching our ultimate goal, what's our next step? Silver.
The ongoing gold rally of 2024 shows no signs of slowing down. It's remarkable that within less than three weeks, we've already achieved our anticipated target for gold.Read now -
Robert Kiyosaki asserts that the Federal Reserve has ceased its commitment to maintaining inflation at 2% and advises individuals to exclusively preserve assets like genuine gold, silver, and Bitcoin.
Robert Kiyosaki has emerged as a vocal proponent of Bitcoin. He appreciates the token's deflationary nature, along with assets like gold and silver.Read now -
Prices have increased by 2500% since FDR's departure from the gold standard.
Franklin D. Roosevelt made the unprecedented decision to abandon the gold standard, wielding questionable legal authority.Read now
