President Donald Trump is backing an Elon Musk-led Department of Government Efficiency effort to confirm that all the U.S. gold reserves at Fort Knox are really there.
Gold pared gains after reaching a fresh record, as traders booked some profits after U.S. Treasury Secretary Scott Bessent dismissed speculation that the government might revalue its bullion holdings.
A disputed tunnel in Michigan for an Enbridge Inc. oil pipeline is among hundreds of energy and mining projects the U.S. Army Corps of Engineers has identified for emergency fast-track reviews after ...
Now the flows of gold from the London Bullion Market Association vaults into Comex could be explained away by the threat of tariffs. But that doesn't explain the coincident surge of deliveries -- ...
Many bullion dealers believe that any gold in Fort Knox is not ours. Over the decades the gold was "leased" to bullion dealers who sold it into the gold market, thereby protecting the value of the ...
China's holdings of Treasuries have fallen to their lowest level since 2009, as Beijing holds more of its U.S. government bonds through lower-profile accounts and diversifies into alternative assets.
The TF Metals Report's Craig Hemke, writing today at Sprott Money, details the most probable scenario arising from the seemingly frantic transfer of gold from London to New York. Fear of tariffs, ...
Revaluing the U.S. gold stockpiles might look tempting under debt-ceiling constraints but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the ...
By Randy Thanthong-Knight and Jacob Lorinc Bloomberg News via Business Standard, New Delhi Sunday, February 16, 2025 ...
Submitted by admin on Sun, 2025-02-16 12:28 Section: Daily Dispatches ...
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Submitted by admin on Sun, 2025-02-16 19:37 Section: Daily Dispatches ...