The International Monetary Fund (IMF) has announced a new global currency called the “Universal Monetary Unit” (UMU) which will be used for all international transactions. This announcement is significant as it marks a shift towards a new global financial system. In this article, we will explore the details of the UMU and its potential impact […]
How high can the price of gold go?
Gold has surged almost 10% in the past month, surpassing the $2,000 mark for the first time in over a year. While this is good news for gold investors, it should be seen as a warning for everyone else, as gold prices typically rise during times of trouble. Recently, the banking crisis and growing fears […]
The Tony Blair Institute: Universal Basic Income Based on the Upcoming UK’s CBDC Network
The Tony Blair Institute for Global Change recently proposed the implementation of a Universal Basic Income (UBI) scheme based on the upcoming UK’s Central Bank Digital Currency (CBDC) network. The idea behind this proposal is to provide financial support to the citizens of the UK, especially during times of economic uncertainty. However, this proposal is […]
SC’s satire column: Bank of England Assembles 30 Experts to Design the Digital Pound
Are you tired of carrying cash around? Do you wish you could spend your money without ever having to touch it? Well, the Bank of England has got you covered! They’ve assembled a team of 30 experts to design the digital pound. Because who needs tangible currency anyway? In this article, we’ll explore the Bank […]
Silver Reaches 13-Month Highs on CPI Data. Gold Nears All-Time Highs
Table of Contents Introduction What is the CPI? Impact of CPI on Silver and Gold Prices Recent Trends in Silver and Gold Prices Factors Affecting Silver and Gold Prices Inflation Expectations and their Impact on Silver and Gold Prices The Role of Central Banks in Influencing Precious Metal Prices Geopolitical Factors Affecting Silver and Gold […]
Unprecedented Military Activity and It’s Effects on the Global Economy
As we look around the world today, it is impossible not to notice the heightened military activity taking place in every single continent. From Asia to Europe, Africa to the Americas, there seems to be an unprecedented level of military mobilisation happening at the same time. What is behind this sudden surge of activity? Is […]
IMF warns of a ‘hard landing’ for the global economy.
The International Monetary Fund (IMF) has issued a warning that the global economy could be at risk of a ‘hard landing’ due to inflation and bank concerns. The warning comes as central banks around the world continue to raise interest rates in an effort to control inflation, which has been steadily rising since the start […]
Federal Budget Deficit Hits $1.1 Trillion: Understanding the Impact
The federal budget deficit has been a major concern for economists and policymakers for decades. It is an indicator of the government’s financial health and its ability to provide essential services to its citizens. Recently, the budget deficit has hit a staggering $1.1 trillion, leaving many wondering about the impact of this development on the […]
Top 10 Gold Producing Countries
Gold is one of the most valuable metals in the world, and it has been used as a store of wealth and a currency for centuries. Today, gold remains an important commodity, both for investment and industrial purposes. In this article, we will explore the top 10 gold producing countries in the world. Outline Introduction […]
The poor man’s gold is set to outstrip it’s contemporary
Silver, often known as the “poor man’s gold,” has been used as a form of currency for centuries. In recent years, the silver market has experienced significant fluctuations, leaving investors wondering what the future holds. Swiss Asia Capital, a Hong Kong-based investment firm, has been closely monitoring the silver market and has some insights to […]