Travel curbs and border restrictions are upending lives around the globe, with some people resorting to chartering planes or paying many times the regular ticket price to get back to their jobs and homes. Eight months into the pandemic, the push to normalize is seeing some try to travel internationally […]
The precious metal has passed $2,000 an ounce and analysts believe it will rise a lot further The price of gold soared to a record $2,047 (£1,538) on Wednesday as investors panicked by fears of a second wave of the coronavirus pandemic rushed to buy the yellow metal as a safer […]
“Late last year, data released by the PBOC and the Russian Central Bank shone a light on a disturbing — at least, for the US — trend: As the Trump Administration ratcheted up sanctions pressure on Russia and China, both countries and their central banks have substantially “diversified” their foreign-currency reserves, dumping dollars and […]
According to a recent CNBC report, the Federal Reserve is set to make a major commitment to “ramping up inflation.” According to the report, the Fed will pivot to “average inflation targeting.” With this strategy “inflation above the central bank’s usual 2% target would be tolerated and even desired.” Practically […]
“Bankruptcy happens gradually, then suddenly,” Ernest Hemingway All signs point in the same direction. We are heading toward another financial crisis and, this time, it will likely be much worse than 2008. There is a growing chorus of economists and analysts who have already sounded the alarm, but most tend […]
An Ontario police investigation into allegations the Canadian military tried to hide documents in the Mark Norman affair never happened despite official federal government claims to the contrary, this newspaper has confirmed. The investigation was supposed to have been turned over by the RCMP to the Ontario Provincial Police more […]
The Swiss population owns 920 tonnes in private gold, next to 1,040 tonnes in official gold reserves. In total, Switzerland likely has the highest amount of gold per capita in the world. This article is part of a series in which we examine how much private gold is located in […]
Silver futures were up 25% in July, the second-biggest monthly gain for the white metal on record. And silver is still significantly undervalued compared to gold. The spot price of the white metal gained even more than silver futures last month. When gold pushed above its previous record price last […]
While novel coronavirus cases have spiked across several parts of Europe, including Spain, France, Germany, Belgium and the Netherlands, Sweden — where a countrywide lockdown was never issued — continues to report a downward trend in new cases and new deaths. As of Sunday, the latest death rate in Sweden (deaths per 100,000 people) […]
Several readers have invited me to weigh in on the phenomenon of “gaslighting.” So here goes. The term “gaslighting” suddenly became ubiquitous in the past couple of years, mostly in the discussions of political events; but I couldn’t even figure out from context what it meant. Finally I had to […]