Metals

The War on Gold Ensures the Dollar’s Downfall

by Matthew Cortez, Money Metals: Last month was the 89th anniversary of one of America’s biggest blunders on her descent from honest, sound money into weaponized political money: Executive Order 6102. Signed on April 5, 1933, U.S. President Franklin Delano Roosevelt required all persons holding more than five ounces of gold to deliver their “gold coin, […]

Gold’s ‘strange behavior’ explained once more

from Silver Doctors: It’s more than just smart and rational people believing in gold price manipulation… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Gold’s ‘strange behavior’ explained once more for Bloomberg News Monday, May 9, 2022 TRUTH LIVES on at https://sgtreport.tv/ Jared Dillian c/o Bloomberg News, New York Dear Mr. Dillian: This is in response to your […]

Ray Dalio: Gold Reduces Risks, Enhances Returns, Belongs In Your Savings

from Birch Gold Group: From Peter Reagan at Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Ray Dalio looks at 500 years of economic history to make the case for gold, the Fed’s credibility, and precious metals looking to rebound from […]

Lack of audits undermine Lebanon’s claim to be Middle East gold heavyweight

by Ronan Manly, BullionStar: With claimed gold reserves of 286 tonnes, Lebanon’s central bank – Banque du Liban – trumpets itself as being one of the Middle East’s largest sovereign gold holders. In fact, on a regional basis, only the claimed gold reserves of Saudi Arabia are larger. Indeed, Banque du Liban governor Riad Salameh, […]

RUSSIA REVIVES GOLD STANDARD

by Wayne Jett, Classical Capital: The central bank of Russia, which is not a privately owned and operated institution like the Federal Reserve, recently announced its policy to buy gold at a fixed price of 5,000 rubles per gram. In addition, the Russian government announced that parties outside Russia wishing to purchase petroleum or natural […]