
DeSantis Signs Bill Recognizing Gold And Silver As Legal Tender In Florida
Governor Ron DeSantis signed a bill Tuesday to recognize gold and silver as legal tender in Florida, paving the way for their use in financial exchanges.
Read articleGovernor Ron DeSantis signed a bill Tuesday to recognize gold and silver as legal tender in Florida, paving the way for their use in financial exchanges.
Read articleChina launched a pilot program allowing certain insurance companies to invest in gold as part of their medium to long-term asset allocation strategies. On March 25, Chinese insurance companies have conducted their first gold transaction at SGE.
Read articleApparently Trump’s motto is: Go big or go home. Gold at $2,900 values the US’s 8,100 tonne at a measly $0.8 T. Do you really think he’s going to tweak the monetary system to put a lousy $0.8 trillion onto the balance sheet?
Read articleSaxo Bank announced its annual Outrageous Predictions for 2025: improbable yet underestimated scenarios that could disrupt markets, politics, and technology worldwide.
Read articleJudy Shelton is advocating for a Treasury instrument that includes the gold convertibility of the dollar upon maturity. She recently tweeted about a proposal for a 50-year Treasury bond, convertible into gold, to be issued at the initiative of President Trump on July 4, 2026.
Read articleHas the gold price reached its ceiling, or is it even in a bubble, as it was in the early 1980s, and is a significant correction imminent? There are strong reasons to believe that the gold price is not yet in a region of extreme overvaluation.
Read articleA saver who bought and sold gold at any time between January 1, 1999 and January 1, 2024 would have grown richer on average at an actuarial rate of 8.69% per annum.
Read articleThe collapse of the correlation between the gold price and real interest rates raises many questions. In the old paradigm, it was unthinkable that the gold price would trend firmer during a phase of sharply rising real interest rates. Gold and gold investors are now entering terra incognita.
Read articleIndia's central bank has moved around 100 tonnes of gold from the UK to its domestic vaults, with plans to repatriate more soon, according to a TOI report. This significant transfer, the first since 1991, addresses logistical and storage diversity concerns.
Read articleThe New Gold Playbook reflects changing market dynamics driven by central bank actions, geopolitics, and the rising importance of noninflationary assets like gold and Bitcoin.
Read articleGold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent.
Read articleChina’s central bank purchased gold for the 17th consecutive month in March, extending a buying frenzy that has helped drive the price of the precious metal to a record high.
Read articleZimbabwe has replaced its local dollar, which collapsed after less than 5 years in existence, with a new gold-backed currency. This is the latest step taken by President Emmerson Mnangagwa's government to end decades of monetary chaos.
Read article2024 could be the year of major social and political upheavals. Bad-mouthing gold does not prevent a crisis, it exacerbates it, because it deprives the population of the golden safety net. Without a safety net, people are known to fall deeper and harder.
Read articleThe minimum investment required for the first order has been lowered from $10,000 to $5,000. The minimum investment for subsequent orders has been removed.
Read articleCentral bank purchases in November 2023 continued to be dominated by banks who have been regular buyers so far this year. Major buyers were all from emerging markets. The Central Bank of Turkey added the most gold during the month (25t), followed by the National Bank of Poland and the People’s Ba...
Read articleChina topped up its gold holdings for a 12th straight month in October, adding to a wave of purchases by global central banks that’s lent support to bullion prices.
Read articleIncreasingly, countries are beginning to openly express their intentions to strategically explore using gold as a medium of exchange in the coming years. The Malaysian government is now considering using the gold dinar as a reserve currency to reduce dependence on the US dollar.
Read articleThe reshaping of the world economy and the global order is in full swing. There are powerful factors, such as the shift in economic, demographic and military weight, that are driving the readjustment in the (geo)political arena. And this readjustment is also reflected in the change in gold flows.
Read articleIMF data shows gold reserves at the Central Bank of Russia rose by 3 tonnes (≈ 100,000 oz) in August. This means that its gold reserves are back to where they were at the start of the year - 2,333 tonnes.
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