Gold Standard News Daily - Real Money Blog
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7.3.25 - The US Government's Incoming 'Debt Bomb'
Gold last traded at $3,326 an ounce. Silver at $36.85 an ounce.
EDITOR'S NOTE: It is no mystery how the US debt problem came to be. What is a mystery is what form of magic the government will use in an attempt to stop it. Here are a few things we might see happening in the immediate future.
Billionaire Ray Dalio Says US Government Will Be Forced To Deal With Incoming 'Debt Bomb' – Here's How -The Daily Hodl
Bridgewater Associates founder Ray Dalio says that America is going to be forced to deal with its soaring debt problem.
The billionaire tells his 1.7 million followers on the social media platform X that the US will likely lower interest rates and print money to address the nation’s ballooning debt obligations.
However, he warns that such measures are not very effective.
“When countries have too much debt, lowering interest rates and devaluing the currency that the debt is denominated in is the preferred path government policy makers are most likely to take, so it pays to bet on it happening. At the moment of my writing, we know that the projections are for big deficits and big increases in government debt and debt service expenses ahead…
I also shared last week why I believe the political system in the US won’t be able to get its debt problems under control. We know how debt service costs (paying back interest and principal) will grow rapidly to squeeze out spending, and we also know that, at best, it is highly doubtful that there will be an increase in demand for the debt commensurate with the supply that needs to be sold. I laid out in detail what I think the implications of all this are in ‘How Countries Go Broke,’ where I offer a description of the mechanics behind my thinking. Others have stress tested it, and thus far there has been almost total agreement that the picture I am painting is accurate.”
Dalio believes the US will eventually have to both cut spending and raise taxes to save itself from the looming fiscal crisis. READ MORE
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7.2.25 - Too Late To Buy Gold? Not Even Close
Gold last traded at $3,357 an ounce. Silver at $36.56 an ounce.
Historic US Dollar Downfall: Worst H1 Drop in 40 Years -Watcher.Guru
The dollar continues to get hammered in the global markets on volatility. Some experts feel this is a temporary blip, while others see this as the end of the greenback as we know it. Whichever outlook proves to be true, a portfolio hedged with gold will be better equipped to weather any storm to come.
by Loredana Harsana
The US dollar downfall has reached historic proportions, and it’s posting its worst first-half performance in nearly 40 years. Right now, the Dollar Index has plummeted over 10% year-to-date, creating massive foreign exchange volatility and triggering widespread USD devaluation effects across global markets. This unprecedented US dollar downfall represents the steepest decline since 1973, also causing severe market volatility risks and extensive global trade disruption that’s reshaping international finance as we know it.
The current US dollar downfall isn’t just another correction—it’s engineered a complete structural breakdown. At the time of writing, the US Dollar Index has crashed to 97 points, implementing an 11% collapse that represents the worst first-semester performance in decades. This foreign exchange volatility has established traders scrambling to understand market dynamics.
Barry Eichengreen, professor of economics at UC Berkeley, told CNN:
“The dynamics observed in the foreign exchange market are a direct reflection of a crisis of confidence in US fundamentals and the stability of its economic governance.”
Trump’s strategies have enacted the opposite effect, restructuring increased market volatility risks and regulating uncertainty around trade policies. Right now, it’s clear these expectations were completely wrong. READ MORE
Too Late To Buy Gold? Not Even Close... -ZeroHedge
Mr. Piepenburg believes gold's recent all-time high at $3500 was not peak gold, it was simply an early indicator of its trajectory. As he sees it, "gold’s role, price direction and days are only just beginning." Read on for his clear-headed reasoning.
Authored by Matthew Piepenburg via VonGreyerz.gold
Many are wondering if it’s too late to buy gold, that gold has peaked and they have missed their opportunity.
We hope the below series of facts, figures and common-sense reality-checks will put such fears squarely to rest, as gold’s role, price direction and days are only just beginning.
In a world of geopolitical tensions, can-kicking monetary fantasies, falling bombs, rising debt, discredited leadership, impotent summits, weaponized trade and a comically discredited media narrative, it’s hard to find a lighthouse in such fog.
Even with the world closest to the brink of nuclear war since the Cuban missile crisis, the markets, forever certain that a life-boat of mega liquidity is just one crisis away, churned Titanically forward with no ice berg fears.
VON GREYERZ advisor, Ronnie Stoeferle, sarcastically described the recent S&P, NASDAQ and NIVIDIA behavior as being almost like that of a Zen monk.
But there’s nothing “Zen” about these markets, times, currencies or financial systems. And there’s certainly nothing “Zen” about the once-sacred 10Y UST…
How do we know this? How have we always known this?
In short, what has been our lighthouse?
The answer is as simple as it timeless, indestructible, and honest: Gold. READ MORE
Records of 166,953 Americans Now at Risk – Health Care Firm Says Attacker May Have Exposed Names, Addresses, Social Security Numbers and More -The Daily Hodl
It seems as though nobody's personal data is safe these days. Private data is constantly exposed and now scammers are posing as bank employees in order to steal from Americans. A reminder to keep your wits about you and to monitor your credit and financial statements regularly.
by Mehron Rokhy
A Kentucky-based health care firm says a major cybersecurity incident may have exposed the personal information of more than a hundred thousand Americans.
The latest records from the U.S. Department of Health and Human Services show that Central Kentucky Radiology (CKR) suffered a hacking/IT incident affecting 166,953 Americans.
In a notice, CKR says that an unknown attacker breached the firm’s systems, stealing patient data that may include names, Social Security numbers, addresses, dates of birth, dates of medical service and medical services charges.
“On October 18, 2024, CKR became aware of a network disruption in its environment. CKR immediately took steps to secure our systems and launched an investigation into the nature and scope of the event. The investigation determined that from October 16 to October 18, 2024, an unauthorized actor accessed and copied files from certain systems in its environment.
In response, CKR conducted a detailed review of the potentially impacted files to understand their content and to whom they relate. On May 7, 2025, CKR completed this review and determined that information related to you was contained in the potentially impacted files.” READ MORE
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7.1.25 - Bank Suddenly Shut Down by US Regulators
Gold last traded at $3,339 an ounce. Silver at $36.04 an ounce.
EDITOR'S NOTE: We now have the second bank failure of 2025, this one due to suspected fraud by the lender. Regulators have stepped in to sort out the details, as some depositors wait to see whether or not they will receive protection from the FDIC.
Bank Suddenly Shut Down by US Regulators in Second Bank Failure of 2025 -The Daily Hodl
The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025.
Regulators say The Santa Anna National Bank has been shut down – and foul play at the small Texas lender is suspected.
The FDIC has not disclosed the nature of the suspected fraud, and the agency is not sure whether customers with uninsured deposits will be reimbursed.
“Once further information is available, the FDIC will consider whether to provide uninsured depositors an advance dividend (i.e. access to a portion of their uninsured funds) and will provide more information at that time…
Suspected fraud contributed to the failure of the bank and estimated cost to the Deposit Insurance Fund (DIF).”
The bank has reported $53.8 million in total deposits, and the FDIC says about $2.8 million of those deposits exceed its insurance limits at time of publishing.
The first bank failure of 2025 happened in January, when regulators shuttered Pulaski Savings Bank in Chicago, Illinois.
The FDIC Office of Inspector General later said the lender collapsed because it had $20.7 million in deposit liabilities that were unaccounted for, which left the bank critically undercapitalized. READ MORE
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6.30.25 - Abbott Signs Gold & Silver Legal Tender Law
Gold last traded at $3,304 an ounce. Silver at $36.13 an ounce.
EDITOR'S NOTE: While this move may prove more symbolic than substantive, it's an important part of the discussion regarding the future of American currency. As the dollar further declines, businesses may be more apt to adopt tried and true alternatives.
Texas Governor Abbott Signs Gold & Silver Legal Tender Law -Watcher.Guru
by Loredana Harsana
Texas has made gold and silver legal tender through new legislation signed by Governor Greg Abbott on June 29, 2025. The groundbreaking law allows residents to use precious metals for everyday purchases, and it’s creating quite a buzz in financial circles right now. This makes Texas one of the few states where gold and silver transactions are officially recognized for daily commerce.
What’s particularly interesting is that the legislation has structured merchant participation as completely voluntary, which means we’ll likely see a patchwork of adoption spearheaded across different businesses and regions throughout Texas. Some businesses might embrace silver as legal tender in Texas through certain critical operational changes, while others may stick with traditional payment methods across numerous significant transaction areas.
The legislation has revolutionized Abbott‘s conservative fiscal policies and his long-standing support for integrating precious metals into various major financial frameworks. Right now, the law doesn’t impose any immediate funding requirements across several key implementation areas, and the specifics of how it will actually function in practice remain somewhat uncertain. READ MORE
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6.27.25 - Has the Dollar become 'Toxic'?
Gold last traded at $3,270 an ounce. Silver at $35.94 an ounce.
EDITOR'S NOTE: Is the de-dollarization movement forever changing the global marketplace? A Russian economist is calling the dollar "toxic". Others have referred to it as politically weaponized. Now matter what one labels it, there is no denying the scramble for alternate currencies—for trade and for reserve assets—is fast making the dollar a relic in the worldwide economy.
De-Dollarization Accelerates As US Dollar Becomes 'Toxic', Expert Warns
by Loredana Harsana
The US dollar has become increasingly toxic in global markets, and this reality is forcing countries around the world to seriously rethink their financial strategies right now. One of the most prominent economists in Russia has said that the dollar is now weaponized to the extent that global countries are scurrying around to seek alternative options and that this is already transforming foreign exchange reserves and currency diversification policies as well as global trade patterns in a manner and extent never experienced in the past.
Sergey Glazyev, commissioner at the Eurasian Economic Union and a commissioner of integration and macroeconomics is not beating around the bush in voicing his opinion about how bad Western currencies are doing at the present time. His evaluation has led to main discussions and also one that is an eye opener to anyone following money power in the world.
The only IMF reserve currency that is finally not politically toxic is the yuan. Quite the contrary, mistrust is the main issue of Western currencies like the US dollar, the euro, the pound, and the yen.
These are the weapons of a political war, Glazyev told an interview at the Chongyang Institute for Financial Studies. Many economists have been quietly discussing this profiling of the US dollar as a poison – that the dollar myth of being a neutral global currency has been tarnished and that nations are starting to reward major strategic measures. READ MORE
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6.26.25 - Central banks turn to gold over the dollar
Gold last traded at $3,324 an ounce. Silver at $36.66 an ounce.
EDITOR'S NOTE: This article points out how, 'a year must feel like a decade' to the investing public, given the volatility in today's markets. I think that assessment is spot on. It also takes a good look at what central banks are doing, which is accumulating more gold.
Central banks turn to gold over the dollar -OMFIF.org
by Nikhil Sanghani
A year must feel like a decade for public investors. Last year, our annual Global Public Investor survey showed the dollar was the most in-demand currency for reserve managers. Having recouped earlier losses, many were also willing to add risk to their portfolios. Fast forward 12 months and the script has flipped. Now there are growing questions over the dollar’s dominance in portfolios and public investors are seeking safe-haven assets.
OMFIF’s Global Public Investor has tracked central bank reserve managers’ investment strategies since its inception in 2014. In the first edition of the report, we wrote that ‘diversification into different sectoral and geographical categories is increasing’ owing to ‘sub-optimal returns from traditional currencies and instruments’ in a low interest rate environment.
For central banks, particularly those with growing reserves, there was appetite to move into higher-yielding currencies and riskier asset classes such as corporate bonds or equities. ‘Some official managers have reduced gold holdings to generate more balanced portfolios,’ we noted, adding that others were increasing gold weightings for the same reason.
Over a decade later, this year’s GPI report, based on a survey of 75 central banks, shows the appetite for diversification continues. But for very different reasons. The foundations of the global economic order, underpinned by globalisation and the dollar, are shaking.
Protectionism, geopolitical tensions and volatile policy-making are becoming norms. In this environment, close to 60% of surveyed central banks are seeking to diversify their portfolios within the next two years (Figure 1). This is primarily for risk management and resilience purposes, beyond bolstering returns.
Conducted from March to May this year, the survey revealed that 96% of reserve managers view US tariffs as a major geopolitical concern. This is not a temporary consideration: over 80% of reserve managers have geopolitics in their top three factors shaping longer-term investment decisions, ahead of inflation, real interest rates and technological change. READ MORE
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6.25.25 - Why Gold Makes Sense for Long-Term Investors
Gold last traded at $3,333 an ounce. Silver at $36.25 an ounce.
Currency News: Chinese Yuan Emerges as Top Threat to US Dollar Power -Watcher.Guru
The dollar is being dethroned; in large part due to the de-dollarization efforts spearheaded by the BRICS alliance. If the dollar is usurped, which currency will claim the throne? Currently at the top of the list, is the Chinese Yuan.
by Juhi Mirza
As the world rapidly embraces new financial orders and development packaged in the guise of a multipolar currency system, the US dollar is now standing in a questionable position. The dollar has weakened significantly, shedding nearly 10% of its value in the past year. That being said, a weak dollar is considered a vulnerable dollar and is now attracting credible foes that could derail its plan. The process of displacing the dollar has already begun, with the Chinese Yuan standing at the forefront of this very change. Can the yuan truly help accelerate the dollar’s decay? Let’s find out.
As the US dollar weakens due to an array of external forces, including Trump’s tariff stance and rising geopolitical tensions, China is leaving no stone unturned to capitalize on the aforementioned development. China is now using all its strength to bolster the internationalization of the Chinese Yuan by attracting more foreign investor attention towards its currency.
Pan Gongsheng, the governor of the People’s Bank of China, recently shared his opinion on promoting a multipolar currency order. Gongsheng was clear about his intent, adding how the world should move away from the dollar or the idea of relying on a singular currency for the long term. READ MORE
Why Gold Makes Sense for Long-Term Investors -Investing Haven
Gold's stability has shone for millennia. Its recent gains have proven, yet again, why it always has a place in every investor's portfolio. If you're wondering why its upward trajectory may continue, here are some reasons.
Gold remains a reliable long-term asset, offering inflation protection, diversification, and resilience amid global debt and market uncertainty. Analysts expect prices to rise further, with opportunities even during potential pullbacks.
In 2025, gold has once again proven its staying power as a trusted store of value. With prices surging nearly 30% year-to-date to hover around $3,400 per ounce, investors are paying close attention.
While gold often grabs headlines during crises, its true value lies in how it supports a long-term investment strategy—offering diversification, inflation protection, and a shield against systemic risks.
Here are some reasons why Gold is perfect for long-term investments. READ MORE
A Massive US Bank Is Now Freezing Money and Closing Accounts Per Reports -FrankNez.com
Banks are at it again ... freezing and closing accounts inexplicably. It had quieted down over the last several months, but seems to be making a comeback.
In recent years, a troubling trend has emerged among major U.S. banks, including JPMorgan Chase, where customer accounts are abruptly closed without clear explanation, leaving individuals and businesses scrambling to regain access to their funds.
One high-profile case, reported by The U.S. Sun, detailed the ordeal of Brian Adesman, a 32-year-old California attorney whose personal, business, and client trust accounts were shuttered by Chase, resulting in the loss of over $185,000 and severe personal and financial consequences.
Brian Adesman, a former Chase customer of over a decade, filed a lawsuit in California alleging that Chase Bank closed his accounts in early 2024 without notice or explanation, withholding $185,649 from his business account and funds from his personal and client trust accounts.
According to court documents, Adesman was promised a cashier’s check for his business account funds within 10 business days, but the check never arrived.
The closure led to a cascade of financial difficulties, including a collapsed credit score, canceled wedding plans, and forced relocation to a caravan. READ MORE
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6.24.25 - BofA sees $4,000 gold price on US debt concerns
Gold last traded at $3,322 an ounce. Silver at $35.94 an ounce.
EDITOR'S NOTE: Many people are of the belief that global unrest is what caused gold prices to skyrocket. In reality, there's a bigger threat than war to our economy; our debt! That debt is aggressively moving toward an uncontrollable level, and that's what is creating the launching pad for record gold prices.
BofA sees $4,000 gold price on US debt concerns, not war -Mining.com
Analysts at Bank of America (BofA) see gold prices reaching $4,000 an ounce — an 18% jump above current levels — within the next year due to a ballooning US fiscal debt.
Gold — traditionally viewed as a safe haven during times of uncertainty — has risen by nearly 30% this year, driven by high global trade tensions and rising geopolitical risks.
In April, the yellow metal soared to an all-time high of $3,500 as an unprecedented tariff war ignited by the US rocked the global markets. A dragged-out US-Ukraine deal also did little to assuage investor concerns.
Contrary to popular opinion, another potential rally to $4,000 may have less to do with these factors, but more to do with US debt, BofA analysts say.
In a note published Friday, the analysts explained that wars and geopolitical conflicts typically “aren’t long-term growth drivers” for gold prices, pointing to the 2% dip in the metal’s prices since Israel began its airstrikes on Iran a week ago.
According to the bank’s analysts, the Israel-Iran conflict has drawn attention away from US President Donald Trump’s sprawling tax-and-spending bill that’s making its way through Congress. If passed, the bill is expected to add trillions of dollars in deficits in the coming years, raising concerns about the sustainability of US debts and the future status of the dollar.
“While the war between Israel and Iran can always escalate, conflicts are not usually a sustained bullish price driver,” they wrote. “As such, the trajectory of the US budget negotiations will be critical, and if fiscal shortfalls don’t decline, the fallout from that plus market volatility may end up attracting more buyers.” READ MORE
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6.23.25 - Survey Shows Global Faith in US Dollar Is Crumbling
Gold last traded at $3,369 an ounce. Silver at $36.15 an ounce.
EDITOR'S NOTE: According to a recent Bloomberg survey, global confidence in the US dollar is plummeting. It is doing so at the rate of just under 10 percent per year - in terms of lost value - which would give it about a 30 year lifespan before it hits zero. As this author cites, the chances of it only declining a mere 10 percent per year is implausible, given current circumstances.
Survey Shows Global Faith in US Dollar Is Crumbling -Watcher.Guru
by Juhi Mirza
A new survey shows how the world is now becoming increasingly disconnected from the US dollar. A Bloomberg survey has revealed staggering USD details, adding how the trend of de-dollarization is spreading like wildfire, putting the American currency in grave jeopardy. In response to this, the survey reveals how the world continues to think that the US dollar is bound to fall amid heightened scrutiny and speculation, the Bloomberg Pulse survey reveals.
According to Bloomberg’s pulse survey data, a “little more than half of 251” respondents think that the USD may continue to reign supreme. However, the remaining respondents have revealed how the current geopolitical uncertainty is pushing them to believe that the US dollar is undergoing a downward spiral. The latest survey further stated that half of the respondents are of the view that the USD may continue to fall in the future, plummeting to new lows amid tightened market policies and pressure.
“While we expect further dollar weakness, investors now perceive more two-way risks. Some argue the depreciation may be overdone, especially given resilient US asset returns.” Goldman Sachs Group Inc. strategists, including Christian Mueller-Glissmann and Michael Cahill, wrote in a note to clients.
In addition to this, Invesco Ltd. Senior Portfolio Manager Kristina stated how a weak dollar is currently a development that the world has to deal with.
“A weaker dollar is here to stay.” Kristina later shared. READ MORE
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6.20.25 - Central banks see further gold accumulation
Gold last traded at $3,367 an ounce. Silver at $36.00 an ounce.
EDITOR'S NOTE: Not only are Central Banks continuing to buy gold, many of them plan to increase their holdings above their currently set percentages. This move is an attempt to hedge against the swirl of economic factors they believe will negatively impact the global economy.
Central banks see further gold accumulation, de-dollarization: WGC survey -Mining.com
Central banks around the world continue to hold favourable expectations for gold, with most looking to add to their reserves over the coming months and even years, an annual survey by the World Gold Council (WGC) showed.
Central banks have been aggressively buying gold, accumulating over 1,000 tonnes in each of the past three years versus an average of 400-500 tonnes in the preceding decade.
These purchases coincided with a blistering gold rally during that period, which saw prices nearly doubling from around $1,800/oz. to the current $3,400 level. This year alone, gold has gained more than 26% and set multiple records, including a new high of $3,500 in mid-April.
Driving the acceleration in central bank purchases and soaring gold prices was an unstable geopolitical landscape — beginning with Russia's invasion of Ukraine in 2022 — that clouded the overall economic outlook.
The new WGC survey sheds light on central banks' decision-making process during turbulent times. READ MORE
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