Good Reads
Artisanal and small-scale gold mining: a vital source of gold supply
Artisanal and small-scale gold mining (ASGM) is an increasingly relevant part of the gold market. It is estimated to account for around one fifth of annual gold production and to support the livelihoods of some 20 million people across Africa, Latin America and Asia-Pacific.1 Yet because activity is often dispersed, informal and difficult to track, ASGM has long been one of the hardest segments of the supply chain to measure with confidence. Read on »
The Unsustainable $40 Trillion National Debt
The national debt has now passed $40 trillion. It stands at 120% of GDP. That should alarm us and probably does but let's just be honest: no one can conceive of such figures. They are just floating zeros and no one has any sense of whether and to what extent this portends economic doom for us. Read on »
The Biggest Victims Of Trump’s Economic D-Day On Iran
Trump’s “economic D-Day” against Iran is built around one of Washington’s most powerful weapons: access to the U.S. financial system. The problem is that the deeper Washington pushes into Iran’s remaining trade, the bigger the targets become. Read on »
Community News
Ranked: Which Countries Hold the Most U.S. Debt? Link>>
Americans Now Pay 75% More for Aluminum than the Rest of the World Link>>
China needs U.S. dollars but is building a hedge against Washington’s sanctions Link>>
Bessent’s Mentor Druckenmiller Calls Bond Buying a Mistake Link>>
Hong Kong Gold Futures Contract Reports Physical Delivery Record as the City's Role as a Gold Hub Grows Link>>