
US Debt Is Exploding
Since the resolution of the recent debt ceiling "crisis", the US national debt has soared by $1.8 trillion. A situation that raises concerns about its long-term sustainability.
Read articleSince the resolution of the recent debt ceiling "crisis", the US national debt has soared by $1.8 trillion. A situation that raises concerns about its long-term sustainability.
Read articleThe price of gold has rallied in recent days. Not only is the battle against inflation far from won, but the risk of a monetary policy error is also increasing.
Read articleSince the introduction of measures enabling banks not to bear bond losses on their balance sheets, the markets have not recorded the slightest correction. We have just witnessed six months of spectacular gains. It's as if the Fed had assured the markets that it would not hesitate to intervene at...
Read articleNot only does the US government have to cope with higher loan repayments due to rising rates, but it also has to support an economy that has been amputated by a growing number of consumers who no longer have access to credit due to prohibitive rates.
Read articleThe charts show the Gold's performance relative to US Government Debt and the ratio of Gold price to the US Money Supply.
Read articleOn Friday, the Russian state-controlled channel RT confirmed that Brazil, Russia, India, China and South Africa, also known as the BRICS countries, will introduce a new trading currency backed by gold.
Read articleAccording to Zoltan Pozsar, we are facing a multipolar world in which the dollar's status as reserve currency will be challenged by the renminbi and the euro. Gold is likely to play a major role in the new world monetary order.
Read articleContrary to what many economists believed, the eurozone has finally entered into a recession. Rising interest rates and inflation are weighing on households. Consumption is falling. Demand for new loans is contracting sharply, particularly in France. The economic cycle is coming to an end. Like d...
Read articleWhen global debt represents three times world GDP, and given the unfair differences in access to debt, emerging countries suddenly seem to realize the difference between debt and currency.
Read articleThe BRICS+ countries will announce the creation of a new currency at its annual leaders’ summit conference on August 22–24. It appears likely that the new BRICS+ currency will be linked to a weight of gold. This will be the biggest upheaval in international finance since 1971. It’s taking direct...
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