Could — and Should — the Fed Own Gold?

Welcome To The Lowest-Common-Denominator Society Authored by James Hickman via SchiffSovereign.com, For decades, Germany operated its rail system on an honor model. There were no turnstiles, no barriers. Passengers bought tickets, boarded trains, and conductors performed random spot checks to make sure everyone had paid. It was a system built on trust— and for a long time, it worked, because Germany was a fundamentally law-abiding society. That system has been fraying over the last several years as Germany aggressively imported millions of migrants who don’t respect the law. The most egregious example took place...

Secretary of War Pete Hegseth said that the US and Israel have different goals in the war with Iran.  On Tuesday, Hegseth was asked about a report that the White House was unhappy with Tel Aviv over strikes on Iranian oil storage facilities. “I would just state by saying Israel’s been a really strong partner […]

"Massive Culling" Imminent For Alt Managers, Soros Fund CEO Warns Authored by Lance Roberts via RealInvestmentAdvice.com, Dawn Fitzpatrick says overallocated LPs, frozen distributions, and mounting margin-call risk are converging into a sector-wide shakeout. Such will eventually separate survivors from the casualties. I used Claude to source data on private credit and equity funds, sources disclosed at the end. In July 2024, I penned an article entitled “Private Equity: Why Am I So Lucky,” which began with: “Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates...