It was cited by a headline at Bloomberg News: "Bessent: Gold price rising has helped U.S. substantially" As you know, the U.S. dollar has not been connected to the gold price since 1971 and the U.S.
Of course that's not the half of it. The more important aspect of the issue is that mainstream financial journalists, including Bloomberg's, rarely if ever inquire about what central banks and their ...
In fact, since the abandonment of Bretton Woods 54 years ago, the dollar has lost 99.2% of its purchasing power, measured in gold, which is legal money in common law. It is gold that is stable over ...
South Korea's central bank is weighing plans to add to its gold reserves for the first time in more than a decade, potentially joining a wave of purchases by monetary authorities around the world that ...
While the surge in the silver price is less pronounced than that of the gold price, the precious metal reached a new all-time high this month at $54.30 per troy ounce and is 60% more expensive than at ...
China's overseas lending in renminbi is soaring as Beijing steps up its efforts to expand the currency's role in international finance and reduce the country's exposure to the U.S. dollar.
The Gold and Silver Trees of Life are the first 99.99% Irish bullion rounds and are truly sovereign (non-legal tender) coins. They are beautiful and limited in mintage and supply, making them highly ...
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for ...
The new chair of the London Bullion Market Association has called for the revival of gold futures trading in the UK, despite the failure of earlier attempts to establish a derivatives contract in the ...
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