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25.08.26 - 04:36
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Gold strategy: why a Chinese global network of vaults would bolster yuan′s trade role (SCMP)
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China is building a global network of gold vaults and accelerating central bank reserve buying as part of efforts to promote the yuan's role in international trade, according to an S&P Global Ratings report on Tuesday.
Chinese gold miners, such as the mainland's largest gold processor Zijin Mining, and Shandong Gold Mining, were also expected to expand “faster than most of their global peers” after Beijing reclassified gold from financial asset to “strategic mineral” in 2025, the report......
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25.08.26 - 03:00
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US Treasury bond buy-back reinforces gold debasement trade as Jackson Hole meeting looms (SCMP)
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The US Treasury's decision to boost its buy-backs of long-maturity bonds is strengthening the debasement trade on gold, as investment banks turn more upbeat on the precious metal before the Federal Reserve's annual meeting in Jackson Hole.
Gold rose 0.2 per cent to a three-month high of US$4,689.3 an ounce on Monday, extending a 5.1 per cent gain last week after Treasury Secretary Scott Bessent unveiled the repurchase programme, which he said was likely to surpass US$4 billion. The announcement......
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25.08.26 - 02:00
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Gold: From DC′s "Enemy" To Its Last Hope? (ZeroHedge)
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Gold: From DC's "Enemy" To Its Last Hope?
Authored by Matthew Piepenburg via VonGreyerz.gold,
As headlines from the Iranian “conflict” continue to leave the world guessing as to what, if any, military, political and financial solutions lie ahead, we can at least know this much: The approaching autumn looks a bit scary.
A Market Fall in the Fall?
The macro setting for our collective transition from summer to fall in 2026 is marked by rising yields across the western yield curve, from Paris to DC.
These rising yields, which represent the cost of servicing debt for nations and enterprises (i.e. stocks) already in debt beyond the sustainability mark, are nothing less than flashing warnings of Uh-Oh ahead.
As of this writing, for example, the yield on the 10Y UST has climbed past the Rubicon of sanity to a dangerous 4.7% at the same time trillions of outstanding USTs face a re-finance at much higher rates.
Needless to say, U.S. tax receipts and GDP will not be enough to pay for the ...
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