Italy to Tap Undeclared Gold to Plug Budget Hole

via Mike Maharrey The Italian government needs money and wants to tap private gold holdings to get it. Many Italians own undocumented gold. Italian Prime Minister Giorgia Meloni’s government has come up with a scheme to entice people to declare their gold holdings, have them appraised, and then pay a 12.5 percent tax on their …

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World debt has now officially crossed $300 trillion; Global Central Banks are loading up on Gold and the majority of purchases are going undeclared

WARNING: World debt has now officially crossed $300 trillion And still continues to climb aggressively This is not looking good… pic.twitter.com/CIc0BKEhBo — Bravos Research (@bravosresearch) June 4, 2025 Why aren’t they loading up on Bitcoin? https://t.co/36owOQbnGR — QE Infinity (@StealthQE4) June 5, 2025 Hard assets. https://t.co/2rIsh9jI02 — Otavio (Tavi) Costa (@TaviCosta) June 5, 2025 Here …

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NEW POLICY — Argentina tells citizens to use and deposit undeclared U.S. Dollars. No more keeping your cash under the mattress.

Dollars under the mattress: In Argentina, keeping savings outside the national banking system − whether hidden at home, in private vault companies, or abroad − and in US dollars is a deeply rooted habit. It stems from a long-standing mistrust of the peso’s value and from trauma that dates to the 2001 financial crisis, when …

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