Tag: Gold
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China snags Canadian Gold Mining Company in $5.5B Takeover
Media reports a $5.5 billion acquisition of Canadian-listed Allied Gold by China’s Zijin Mining, a partially state-owned firm, announced on January 26, 2026, framing it as rapid fallout from Prime Minister Mark Carney’s January 16 announcement of a new Canada-China “strategic partnership” during his Beijing visit. Allied Gold Corporation (a Canadian-listed gold producer, recently acquired…
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Global Gold Reserves Have Surpassed U.S. Treasury Holdings
GOLD JUST TOOK OVER THE U.S. DOLLAR FOR THE FIRST TIME IN 30 YEARS It finally happened. The data is in, and it is TERRIFYING. Especially if you live in the USA. 📈 Gold: $4T📉 U.S. Treasuries: $3.9T🏦 1,000+ central banks buying💰 $4,500/oz goldThe de-dollarization era is here. For the first time in 3 decades,…
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The Two Assets That Best Meet 2026’s Global Needs
Precious Metal: Gold Why Gold remains unmatched: • Non-sovereign & non-corporate No issuer. No counterparty risk. No bankruptcy court. • 5,000+ years of universal recognition Accepted across cultures, religions, and political regimes. • Naturally scarce & energy-backed Cannot be printed, debased, or “patched.” • Neutral collateral Used by central banks precisely because it sits outside…
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Why to Buy Precious Metals
Property values didn’t go up by 840.67%, the dollar lost that much purchasing power 95 years in 1929 the price of a troy ounce of gold was $20. There are 32.15 ozt per 1kg bar, so that equals $6,430 for 10kg of gold. Today on April 8th 2024 at 9:33PM EDT an ounce of gold…