NYC is Destroying Central Park… On Purpose
New York’s most iconic park is in danger of being destroyed, and some people say its being allowed to happen as the city has other priorities than keeping it safe. What do you think?
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The US dollar has become so weaponized that central banks are snapping up politically-neutral gold
Gold prices are reaching record highs because of strong buying by central banks. Central banks in countries aligned with China are diversifying their assets from the US dollar into gold. Central banks are favoring gold as a politically neutral, safe asset, insulated from sanctions. Gold prices are on a tear recently thanks to strong buying …
Gold’s surprising rise indicates central banks’ pursuit of diversification despite high real rates and strong dollar
Prepare for a seismic shift in the gold market as the precious metal defies conventional wisdom, soaring despite the backdrop of high real rates and a robust dollar. This unexpected surge hints at a fervent bid for diversification among central banks worldwide, reshaping the landscape of global finance. Gold's rise despite high real rates and …
10 major central banks set to slash rates in largest coordinated easing since the Great Financial Crisis.
According to Bloomberg data, 10 out of 11 major central banks are expected to slash rates in the second half of this year, the most in 16 years. The list of the 11 countries includes the United States, India, New Zealand, the United Kingdom, Canada, Australia, Norway, the Eurozone, Sweden, Switzerland, and Japan. As shown …
Global Central Banks Break Record, Purchasing 289 Tonnes of Gold Amidst Worsening Deficits Worldwide
Amid escalating concerns over fiscal deficits worldwide, the surge in gold purchases by central banks during the first quarter signals a broader financial instability, echoing fears beyond the US alone. As governments grapple with post-COVID economic challenges, the unprecedented acquisition of gold underscores growing uncertainties and the quest for stability in a volatile global economy. …
Central banks around are now cutting rates rapidly
Central banks around are now cutting rates rapidly ht g.o.t. pic.twitter.com/WET0DuptRS — Win Smart, CFA (@WinfieldSmart) April 30, 2024
350% increase in robberies in Central Park
NEW: NYPD issues public crime alert for Central Park after 350% spike in robberies so far this year compared with the same period last year – WNBC — Breaking911 (@Breaking911) April 30, 2024 The NYPD sounded the alarm Tuesday on an uptick in Central Park crime, revealing a 350% increase in reported robberies so far this …
More severe storms, tornadoes poised to pounce on central US this week Iowa, Oklahoma, Kansas, from Dallas up to Thunder Bay
Severe thunderstorms with the potential tornadoes will return to hard-hit areas of the Great Plains from Tuesday to Thursday. Many areas will be at risk for multiple days. By Alex Sosnowski, AccuWeather senior meteorologist Published Apr 29, 2024 10:14 AM CDT | Updated Apr 30, 2024 7:26 AM CDT 03:04 AccuWeather meteorologists break down some …
Two military horses, one drenched in blood, breaking free and wreaking havoc in central London
Two military horses, their hides soaked in blood, tearing through central London at the height of rush hour. Pedestrians scatter as chaos ensues, with injuries mounting and emergency services scrambling to contain the rampage. It’s a scene straight out of a nightmare, leaving the city in shock and disbelief. NEW – Blood-covered horses run loose …
China’s gold imports soar, central bank buys for 17 months straight.
China’s insatiable hunger for gold intensifies with a staggering 2,800 tons imported over the past two years, solidifying its status as a global powerhouse in the precious metal market. As the country’s central bank continues its relentless purchasing spree for 17 consecutive months, gold emerges as a coveted asset, outperforming traditional benchmarks like the S&P …
Central Banks quietly amass gold
Everybody is asking: Who's Buying? Well, it's none other than the Central Banks themselves! (Data upto Q423) pic.twitter.com/JZUCvKqVrw — The Macro Guy (@SagarSinghSetia) April 8, 2024 Morgan Stanley Commodity Forecast pic.twitter.com/0fAyWGhu1G — Win Smart, CFA (@WinfieldSmart) April 8, 2024
Tavi Costa: The surge of central banks into gold is just getting started; Frank Giustra: The west is losing its pricing power in gold
Central banks are starting to show their cards, and this surge in gold has been relentless. It is remarkable to see this price behavior on days when Treasuries fall and inflation expectations rise. The race to improve the quality of their international reserves is just… pic.twitter.com/uxx8Bq2D5V — Otavio (Tavi) Costa (@TaviCosta) April 1, 2024 CNBC talking heads, …
As central banks stockpile gold, the dollar hits record lows. The stage seems set for a familiar narrative.
The economic downturn of the early 1930s led to a global debt crisis, which led to endless money printing, leading to global currency devaluations, which ultimately led to World War II. Read some history. — Gold Telegraph ⚡ (@GoldTelegraph_) December 7, 2021 The U.S. Deputy Treasury Secretary recently said that the strength of the U.S. …
New York approves $15 congestion tolls for drivers entering Manhattan’s central district.
NEW YORK (AP) — New York is on track to become the first U.S. city with congestion tolls on drivers entering its central business district after transit officials approved a $15 fee for most motorists headed to the busiest part of Manhattan. Members of the Metropolitan Transportation Authority board on Wednesday voted to greenlight the congestion pricing …
Swiss Central Bank urges banks to prepare significantly for increased collateral requirements.
#recession … #CentralBanks Pushing on a String edition https://t.co/xkicXfqREG — Invariant Perspective (@InvariantPersp1) March 21, 2024 Waaait what?! What did the Swiss Central Bank just say?! 😳 ⚠️ SNB'S SCHLEGEL: BANKS NEED TO PREPARE SIGNIFICANTLY FOR MORE COLLATERAL 🚨 Emmhhh smells like problems… 👇🏻 https://t.co/gt8wMBnERI — JustDario 🏊♂️ (@DarioCpx) March 21, 2024 #JustDarioDaily – The …
Since the central bank assets have already given, the S&P will give; Potential FOMO peak
Global central bank assets vs. S&P 500 What gives? pic.twitter.com/Mt4JbZukHN — Otavio (Tavi) Costa (@TaviCosta) March 13, 2024 Never forget, this time it’s different Chart @IanRHarnett pic.twitter.com/2Y5PxlBbrT — Michael A. Arouet (@MichaelAArouet) March 12, 2024 Investors have ALWAYS priced in a soft landing after the Fed stops hiking. #macro #hope pic.twitter.com/VNn8ipHAlz — Kantro (@MichaelKantro) March 12, …
Governor of Sweden’s central bank blasts Bitcoin as ‘pure speculation’
SWEDEN’S top banking chief has branded Bitcoin as ‘pure speculation’ that doesn’t belong in the nation’s financial system. Speaking after a parliamentary hearing earlier today, Erik Thedeen, governor of Stockholm’s central bank, warned Swedes off investing in cryptocurrency. “I want as little Bitcoin as possible in the Swedish financial system,” he said. “It’s an instrument …
Central Bank Gold Buying Expected to Remain Hot Over Next Several Years
via moneymetals Net central bank gold buying exceeded 1,000 tons two straight years, and commodity analysts at ANZ Bank expect central bank gold demand to continue hot for at least the next six years. [Emerging market] central banks could purchase over 600 tons of gold annually until 2030, to take its share in their foreign reserves to …
BRICS+ finance ministers, central bank chiefs to meet at Brazil’s G20
Finance Ministers and Central Bank Governors of BRICS countries are set to hold a meeting on Tuesday in Brazil’s Sao Paulo at the sidelines of the G20 ministerial summit. The meeting will also see the first participation participation of new BRICS members who officially joined the organization at the start of this year. A wide …
Argentina’s Javier Milei to introduce bill jailing any central bank official that prints money to finance deficits
Argentine President Javier Milei said on Thursday evening that he will present a bill to Congress to punish with jail time any Central Bank official that issues money to the National Treasury to finance fiscal deficits. Milei, in an interview with the news channel Todo Noticias, said that the intention is to define the practice …
Central banks are going to crash the global economy
Across the globe, the story is much the same, with each central bank facing its unique set of challenges. The United States is wrestling with stubborn inflation and a labor market that’s surprisingly robust, leading traders to second-guess the Federal Reserve’s stance on easing up anytime soon. Meanwhile, the euro area, having narrowly dodged a …
Do NOT support Central Bank BS…
Christine Lagarde admits that without CBDCs, central bankers run the risk of losing their power. Trump has already said he’ll ban CBDCs when he returns to office. https://twitter.com/_/status/1752926401588555894 h/t Dan
First EVER hurricane alert issued for Central California as 97 PERCENT of state’s population put under flood warning
The second of back-to-back atmospheric rivers battered California on Sunday, prompting the first-ever warning for hurricane-force winds in the state’s history. California is bracing for what could be days of heavy rains, flooding on roads and knocking out power to nearly 800,000 people, with 97 percent of the state’s population under flood warning. The current …
Central Banks’ Gold Acquisitions Surge: China Leads Amid Geopolitical Tensions
In a significant trend, central banks worldwide acquired 1,037 tonnes of gold in 2023, marking the second-highest amount in data going back to 1950. Notably, China’s central bank, the People’s Bank of China, led the way with net purchases totaling 225 tonnes, the highest since 1977. The flight of gold from the West to the …
Israeli Defense Minister: ‘Intense Phase’ of Ground Offensive Completed in Northern Gaza, Focus Shifts to Khan Yunis in the South, and Operations Expand in Central Gaza Strip
The "intense phase" of the ground offensive in the north of Gaza has been completed, and will soon be completed around the city of Khan Yunis in the south of the Gaza Strip , Israeli Defense Minister Yoav Galant said.Galant notes that the Israel Defense Forces have begun to… pic.twitter.com/dJ0gQpD85v — Sprinter Press (@SprinterPress) January …
Arctic blast to invade central, southern and eastern US prior to midmonth, power outages possible…
The coldest weather so far this winter is about to freeze portions of the central and eastern United States as dangerously cold Arctic air will arrive in the wake of a blizzard. Article is very long so go read it and see the maps. https://www.accuweather.com/en/winter-we…th/1610834 The power outages mention is from me. Gas up your …
Tucker warns: Government digitizing currency risks loss of freedom—zeroing out accounts, punishing disobedience. Beware central bank digital currencies.
Listen to how easy it will be to implement here in America. Our bank are ALREADY on board and authorized via an executive order. pic.twitter.com/Xt8qHMaeNQ — NANCY✊ (@9NewsNancy) December 25, 2023