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"Counted Every Single Bar": Tether Gold Gets Clean KPMG Audit Confirming $2.2B In Physical Gold
"Counted Every Single Bar": Tether Gold Gets Clean KPMG Audit Confirming $2.2B In Physical Gold
Via Decrypt,Tether's gold-backed stablecoin, Tether Gold (XAUT), has completed its first full audit by KPMG, which found the token fully backed by physical gold, the company announced on Thursday.KPMG issued an unqualified opinion on the financial statements of TG Commodities, which issues XAUT, for the year ended December 31, 2025. An unqualified, or "clean," opinion means the auditor found that the statements fairly present the company's financial position, without reservations.Tether Gold (XAU₮) Becomes Tether's Second...
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Jul 24, 2026 / Tyler Durden
Trump Losing Patience, In 'Revenge Mode' After 13th Consecutive Night Of US Strikes On Iran
Trump Losing Patience, In 'Revenge Mode' After 13th Consecutive Night Of US Strikes On Iran
The latest little peace overture by Washington widely reported Thursday night was apparently a big nothingburger, as on Friday the Iraqi prime minister’s office has denied a New York Times report claiming that Iran rejected a US ceasefire proposal delivered to Tehran by Iraqi Prime Minister Ali al-Zaidi.
The fresh statement from the prime minister's office said what was published in the Times was "entirely unfounded" and had "no relation to reality." The statement underscored the temporary nature...
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Oct 6, 2026 / Tyler Durden
Former Sunrise Movement NGO Board Member Abdul El-Sayed Linked To Far-Left Group Whose Leader Now Urges...
Former Sunrise Movement NGO Board Member Abdul El-Sayed Linked To Far-Left Group Whose Leader Now Urges...
Leaders of Sunrise Movement, a far-left climate nonprofit legally classified as a 501(c)(4) organization, said in a recent online meeting that they want to "engage in civil disobedience and get arrested."
The video of the nonprofit's far-left radical leaders was published on X by Karlyn Borysenko, who describes herself as an anti-communist analyst and observer of the far left.
The transcript of remarks by one of Sunrise Movement's leaders is as follows:
What's holding you back from...
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Feb 24, 2026 / Tyler Durden
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
After Boomers and Gen X dragged The Conference Board Confidence measure down to eight month lows to end 2025, expectations were for a rebound to start 2026.
Instead, January was a bloodbath with all the cohorts tumbling. Today sees February's data released with expectations for a rebound, particularly in expectations... and the consensus was right.
The headline Consumer Confidence print rose from 84.5 (revised dramatically up to 89.0) to 91.2 (better than the 87.1 expected)
Under the hood it was kind of crazy with the...
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