Macro
Trade Deficit Leaps 24.4 percent, Highest on Record Excluding Tariff Distortions
Tariffs did not and will not fix the trade deficit.
Denarius Prime
Markets
Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’ - Financial Times
Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’ - Financial Times
Energy
U.S.-Venezuela Oil Deal Threatens China’s Oil-Backed Loans
For decades, Venezuela has been one of China’s most important partners in Latin America and the largest recipient of Chinese government funds in Latin America, with Beijing lending Caracas tens of billions of dollars and accepting oil as repayment. Chinese policy banks provided it with at least $60
Markets
U.S. Treasury's interventions show weakness: ‘Incredibly bullish for gold’ – Adrian Day - KITCO
U.S. Treasury's interventions show weakness: ‘Incredibly bullish for gold’ – Adrian Day - KITCO
Markets
Gold, silver rally as Fed’s Waller cuts September hike odds - Kitco PM Report - KITCO
Gold, silver rally as Fed’s Waller cuts September hike odds - Kitco PM Report - KITCO
Markets
Fed is ‘all talk, no action’ as debt pressure sets stage for higher gold price - AuAg’s Eric Strand - KITCO
Fed is ‘all talk, no action’ as debt pressure sets stage for higher gold price - AuAg’s Eric Strand - KITCO
Crypto
Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount
Bitcoin Magazine Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount Bitcoin is trading with gold — something it does when investors lose confidence in the dollar. This post Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount first appeared on Bitcoin Magazine a
Markets
Dutch Treat? Netherlands Moves Gold Out of U.S. as Global Risks Rise - Barron's
Dutch Treat? Netherlands Moves Gold Out of U.S. as Global Risks Rise - Barron's
Markets
Dutch yank gold from NY, citing ‘geopolitical unrest’ — becoming 2nd Euro country to pull precious metal - New York Post
Dutch yank gold from NY, citing ‘geopolitical unrest’ — becoming 2nd Euro country to pull precious metal - New York Post
Energy
Russia’s Oil Revenue Sinks as Urals Falls to $59
Russia collected 326.2 billion rubles, or about $3.76 billion, in net oil revenue in August, down 22% from a year earlier and the lowest monthly total since February. Russia’s tax authority calculated August oil revenues using a crude price of just over $59 per barrel. Urals, Russia’s main export gr
Markets
Why Gold Didn't Actually Overtake Treasury Securities as the World's "Favorite" Reserve Asset - Federal Reserve (.gov)
Why Gold Didn't Actually Overtake Treasury Securities as the World's "Favorite" Reserve Asset - Federal Reserve (.gov)
Markets
Why has the Netherlands moved $10bn of its gold from the US? - Al Jazeera
Why has the Netherlands moved $10bn of its gold from the US? - Al Jazeera