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The fact that this all happened by choice is really something. It's like witnessing a self-decapitation.
And before you get too excited, this "news" from the World Gold Council. A consortium of gold mining corporations. Clearly it's a pump article "have you bought gold yet? everyone else is! why not you!?!?"
The fact that this all happened by choice is really something. It's like witnessing a self-decapitation.
It’s not a self decapitation exactly. I think Trump, his family, his corporate donors, and other friends are all willing to sacrifice everyone else - including the lead America had - to make themselves rich and powerful. Every single decision to spend - defense, ICE contracts, AI, approvals of anticompetitive acquisitions, changes to regulations, etc - is making that circle richer at our expense. They don’t care if A…
America really is in for a wake up call.
The fact that this all happened by choice is really something. It's like witnessing a self-decapitation.
Not really. It has more to do with gold is now worth almost 3x what it was 2 years ago. And before you get too excited, this "news" from the World Gold Council. A consortium of gold mining corporations. Clearly it's a pump article "have you bought gold yet? everyone else is! why not you!?!?"
Are you saying that the price of gold just spontaneously went up?
From over hear it seems like the age of Pax Americana is over, and gold at ~$4,600 is one of the results.
If the value of gold goes up, doesn't this essentially help the US anyway? I believe our gold reservers are twice that of the closest country? Source: https://tradingeconomics.com/country-list/gold-reserves
America was in practice running an empire that collected tribute from the rest of planet earth in exchange for entries in a database denominated in a currency they controlled and that was accepted everywhere. Really the only way it could go wrong is putting it under the control of someone who doesn't understand the kayfabe...
The events of the last year certainly have a role to play, but the overall effect is just the result of trendlines that have been in play for quite a while. Here's a world gold council (i know...) review/survey of central banks gold holdings from mid 2025 ( https://www.gold.org/goldhub/research/central-bank-gold-rese... ). It notes that gold purchases (by mass) have been elevated going back to ~2023. Gold prices have…
It is the fiat currency debasement via unlimited money printing that makes the gold chart go up.
Imagine being in Zimbabwe or Weimar Germany and watching your stock portfolio and gold going up...
I am actually convinced that the last year started the descent of the U.S. as the world’s super power. No wonder U.S. treasuries lost trust. It’s only going to get worse. It doesn’t matter what some billionaires do/get from their ability to manipulate some powers be. The rest of the investment community understands that free markets are strengthened by rule of law and adherence to the law and deploying a self styled…