Economics

Bullion Rallies Amid Global Shifts: Fed Rate Cut and IMF Growth Projections Boost Gold’s Appeal

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Bullion Rallies Amid Global Shifts: Fed Rate Cut and IMF Growth Projections Boost Gold's Appeal

In a year marked by geopolitical tensions and economic uncertainty, bullion has emerged as a standout performer, climbing over 31% and shattering multiple record peaks. Investors seeking a reliable hedge against global turbulence have flocked to precious metals, driving prices higher and demonstrating bullion’s enduring role as a safe-haven asset. The rally was further ignited … Read more

IRS Unveils New Federal Income Tax Brackets For 2025

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Crime of the Century - US Debt Clock

by Tyler Durden The IRS on Oct. 22 unveiled the new federal income tax brackets for 2025. As The Epoch Times’ Zachary Stieber reports, each bracket was changed, including the top one. Single taxpayers making more than $636,350, or couples making more than $751,600, will be subject to a 37 percent tax rate. That’s up from $609,350, and $731,200, respectively. … Read more

The Fiscal Tightrope: U.S. Interest Payments Outpace Defense Spending

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We the people - US Debt Clock

The latest figures from the U.S. Treasury for fiscal 2024 have sparked serious discussions about the sustainability of the country’s financial health. Jim Rickards, a prominent financial commentator, encapsulated the issue perfectly: “Interest on debt: $882 billion. National defense: $874 billion. That’s all, folks. You can’t borrow your way out of a debt crisis. You … Read more

Ripple Announces Ripple USD Exchange Partners for Global Distribution

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USD Exchange

Former FDIC Chair Sheila Bair, Vice Chairman of Partners Capital and former CENTRE Consortium CEO David Puth, and Ripple Executive Chairman Chris Larsen Join the RLUSD Advisory Board Ripple, the leading provider of digital asset infrastructure for financial institutions, announced its exchange partners and customers for Ripple USD (RLUSD), an enterprise-grade, USD-denominated stablecoin created with … Read more

The New Money Revolution: U.S. Debt Clock and the Shift from FERN to Treasury Certificates

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The New Money Revolution: U.S. Debt Clock and the Shift from FERN to Treasury Certificates

In recent months, a significant shift has been quietly taking place in the financial world, and it’s being illustrated in real-time on social media platform X, via @USDebtClock_org. For those closely monitoring the images and data displayed, it’s clear that these are not merely visual representations of government debt but signs of an impending monetary … Read more

A Black Swan in Japan’s Financial Waters

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A Black Swan in Japan’s Financial Waters

Japan has held the line, keeping interest rates near zero. It’s a choice they’ve made for decades, but now the world’s tides are shifting. A sudden change in global interest rates could push Japan into unfamiliar, dangerous waters. And when the storm hits, it won’t just be local. The low rates have helped Japanese banks … Read more

October 1st: Global Economic Shifts and Their Impact on Offshore Markets

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Global Economic Shifts and Their Impact on Offshore Markets

A Day of Convergence for Global Economic Shifts October 1st, 2024, is shaping up to be a pivotal date on the global financial and economic landscape, with numerous key developments converging all at once. Investors and market participants should brace themselves for potential shifts that could significantly impact energy prices, financial markets, trade, and personal … Read more

Gold Prices Surge to New Highs, Closing Above $2600/oz: Is the Rally Unstoppable?

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Gold Prices Surge to New Highs, Closing Above $2600/oz: Is the Rally Unstoppable?

Gold is shining brighter than ever, hitting fresh all-time highs on Friday as it closed well above the $2600/oz mark. This rally appears unstoppable, as new records are set with increasing frequency, shaking the markets and exciting investors globally. Many are left wondering: what’s behind this relentless surge? Fed’s Surprise Rate Cut Fuels the Gold … Read more

The Dawn of a New Era: Treasury Certificates and the Great Reset

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The Dawn of a New Era: Treasury Certificates and the Great Reset

The sun rose slowly over the city, casting long shadows across empty streets. A quiet revolution was underway, but this wasn’t the kind of upheaval born from the clash of steel or the roar of voices. It was a revolution of the mind, of the system, of the dollar itself. They called it the Great … Read more