Good Reads
Paper Promises Meet Physical Truth: How Shanghai Stole the Gold Crown
For decades, the world’s gold trade revolved around two cities: London and New York. They were the twin pillars of postwar finance—one steeped in Savile Row tradition and quiet deals, the other all skyscrapers, caffeine, and Wall Street adrenaline. That’s exactly why, in my twenties, I packed up and moved to London to open an office for Yorkton Securities, a small Canadian brokerage that financed junior mining deals. Back then, London and New York were where the action was. Read on »
Energy Fuels lands $725M Pentagon loan for rare earths boost
Energy Fuels (NYSE: UUUU)(TSX: EFR) shares jumped 16% on Thursday after the US Department of War announced a conditional loan commitment of up to $725 million to expand the company’s domestic rare earth processing operations and strengthen US supply chains independent of China. Read on »
Gold Fluctuates as Traders Weigh US-Iran Truce and Hawkish Fed
Gold swung between gains and losses as traders assessed an interim peace deal between the US and Iran, while a hawkish Federal Reserve shift has sparked bets on interest-rate hikes as early as October. Read on »
Community News
Namewashing and Empty Suits Link>>
Fiscal Dominance and the Politicization of Money Link>>
Average 30-year U.S. mortgage rate falls to 6.47%, tracking lower bond yields as Iran war winds down Link>>
Central Banks Flipped Back to Gold Buying in April Link>>
US Company Gets Approval To Build The World's First Fusion Power Plant In Washington Link>>