Wednesday, 15 October 2025

Real Money v Helicopter Money, Gold/Silver Soar. Trump v China.

Baltic Dry Index. 2022 -122    Brent Crude 62.19

Spot Gold 4195            US 2 Year Yield 3.48 -0.04

US Federal Debt. 37.866 trillion

US GDP 30.330 trillion.

"In the long run, the gold price has to go up in relation to paper money. There is no other way. To what price, that depends on the scale of the inflation - and we know that inflation will continue."

Nicholas L. Deak

Nicolas Louis Deák was a Hungarian-born US banker, chairman of the Deak-Perera group and a secret service operative, serving both in the OSS during World War II and its successor the CIA during the Cold War. Dubbed the 'James Bond of money.

In the stock casinos, it’s all about Trump’s trade war on China. Is it real or just a tactical negotiating ploy?

No one knows, of course, probably not even President Trump himself, but the outcome will determine whether the Great AI Bubble bursts or continues growing.

With each passing day the chance for spectacular, unintended error grows.

With it, grows speculation that the Fed and the US Treasury will have to monetise any spectacular error.  Gold and silver are soaring as insurance against a coming monetisation, dollar debasement and revulsion.

Asia markets rise, breaking ranks with Wall Street’s declines on renewed U.S.-China trade feud

Published Tue, Oct 14 2025 7:53 PM EDT

Asia-Pacific markets traded higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud.

U.S. President Donald Trump on Tuesday stateside criticized China for not buying soybeans, calling it an “an economically hostile act.” He also threatened “retribution” such as a cooking oil embargo.

“Volatility remains elevated, and the best explanation is the strained relationship between the U.S. and China,” Veteran investor Louis Navellier wrote in a note published Wednesday.

Japan’s benchmark Nikkei 225 index rose 0.98%, while the Topix added 0.75%. South Korea’s Kospi jumped 0.8%, while the small-cap Kosdaq added 0.83%.

Australia’s ASX/S&P 200 was up 0.93%.

Hong Kong’s Hang Seng Index rose 0.77%, while the mainland’s CSI 300 was flat.

China’s consumer prices fell more than expected in September, while the deflation in producer prices persisted, underscoring the impact of sluggish domestic demand and trade worries on consumer and business sentiment.

The consumer price index fell 0.3% in September from a year earlier, National Bureau of Statistics data showed on Wednesday, a sharper decline than economists’ forecast of 0.2% slide, although easing from the 0.4% drop in August.

Prices ticked up 0.1% month-on-month, a smaller than expected recovery compared to economists’ forecast for 0.2% increase.

Overnight in the U.S., the S&P 500 closed down 0.2% to 6,644.31 in a wild day that saw the benchmark fall as much as 1.5% and gain 0.4% at its highs.

The Nasdaq Composite was off by 0.8% to 22,521.70, although at one point it had fallen as much as 2.1%.The Dow Jones Industrial average closed up 0.4%, or 202.88 points, to 46,270.46 after gaining nearly 1% at one point.

Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, and provided a few hints that more interest rate cuts are in the cards.

Asia-Pacific markets: Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Stock futures are little changed after U.S.-China trade concerns lead to tumultuous session: Live updates

Updated Wed, Oct 15 2025 7:17 PM EDT

U.S. stock futures were little changed on Tuesday night, following a volatile session for stocks, as traders digested the latest developments in the U.S.-China trade war.

Futures tied to the Dow Jones Industrial Average were trading up 11 points, near the flatline. S&P 500 futures and Nasdaq 100 futures were also little changed.

The moves followed a tumultuous day of trading for all three indexes.

The S&P 500 attempted to stage a comeback from Tuesday’s lows of the day, but ultimately closed down 0.2% after President Donald Trump threatened China with a cooking oil embargo late in the session as retaliation for Beijing not buying U.S. soybeans. On Tuesday, the benchmark was up as much as 0.4% and down as much as 1.5%.

The Nasdaq Composite fell 0.8% to end the day, although it was down 2.1% at its lows. The Dow Jones Industrial Average bucked the trend to rise 0.4%, or 202.88 points, although it had fallen as much 1.3% on Tuesday morning.

Tuesday’s news was the latest ramp-up in trade tensions between the U.S. and China. On Monday night, China put new sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean. This followed Trump’s threats last Friday to place an additional 100% tariff on any goods coming from China after Beijing imposed strict export controls on rare earth minerals. Trump’s tariffs could go live on Nov. 1 or sooner, depending on China’s next move, U.S. Trade Representative Jamieson Greer told CNBC Tuesday.

“A lot depends on what the Chinese do,” Greer said. “They are the ones who have chosen to make this major escalation.”

While no major economic releases are on the calendar for Wednesday, investors will be looking forward to another big day of corporate earnings from the major U.S. banks. Bank of AmericaMorgan StanleyPNC FinancialAbbott Labs and ASML are among the names set to report earnings Wednesday before the bell.

But even if earnings come in better than expected, Wall Street veteran Art Hogan believes that stocks will likely trade sideways from here, wavering near all-time highs as long as trade war uncertainty persists. The chief market strategist at B. Riley Wealth Management also said the U.S. government shutdown is another headwind for the market.

“The longer it lasts, the more economic damage it does upfront. So that’s affecting confidence. It’s likely going to affect guidance from Corporate America during the conference calls,” he said to CNBC. “Earnings seasons may well be much better than expected across the board, with the usual percentage of companies that beat and raise and all that. I just don’t think that that acts as a tailwind, necessarily, until we get closer to the government reopening and perhaps more clarity on our trade relationship with China.”

Stock market today: Live updates

China says it will ‘fight to end’ after US said it was trying to hurt world economy

Commerce ministry says US is ‘threatening to intimidate’ with plans for new Trump tariffs on exports

Tue 14 Oct 2025 12.22 BST

China has hit back at accusations from the US that it is trying to hurt the world economy, as the trade war between the world’s two biggest economies appeared to re-escalate, amped up by aggressive rhetoric on both sides.

China’s commerce ministry said on Tuesday that the US was “threatening to intimidate” with the prospect of new tariffs on Chinese exports, “which is not the right way to get along with China”. Its spokesperson said that China would “fight to the end” in trade talks.

The comments came shortly after the US treasury secretary, Scott Bessent, said China wanted to “to pull everybody else down with them” by damaging the world economy.

It follows the US and China starting to charge each other increased port fees on cargo ships, increasing trade tensions.

The US announced plans earlier this year to begin charging duties on China-linked ships to counter what it says are unfair maritime trade practices. Those tariffs – and retaliatory charges from China – came into effect on Tuesday.

State media said that Chinese-built ships would be exempt from the new measures.

The commerce ministry said on Monday that it had notified the US about the rare earth export controls Beijing announced last week in advance, contradicting comments made by the US trade representative, Jamieson Greer, over the weekend that the US had not been warned.

More

China says it will ‘fight to end’ after US said it was trying to hurt world economy | Trump tariffs | The Guardian

Retaliation or escalation? Trust between the U.S. and China is fading fast, analysts say

Published Mon, Oct 13 2025 6:11 AM EDT

BEIJING — The flare-up in tensions between the U.S. and China over the weekend highlights the deepening mistrust dividing the world’s two biggest economies.

In the two days after Beijing ended its Golden Week holiday on Wednesday, the country announced a new framework for restricting rare earths exports, placed more U.S. companies on a blacklist and charged U.S.-linked ships with fees for docking at Chinese ports.

U.S. President Donald Trump then threatened 100% more tariffs on Chinese goods, a move which was followed by Beijing asserting its rare earths restrictions are a “legitimate” measure.

“The root cause of the tension is due to a lack of mutual trust,” Larry Hu, chief China economist at Macquarie, said in a note Monday.

“During the London talks in June, both countries agreed to a deal involving ‘rare earth for tech,’” he said. “Unsurprisingly, both feel betrayed when they perceive the other as acting in bad faith.”

The escalation in trade tensions is a result of a “misperception” on both sides, Hu said. Here’s how he and other analysts say both sides are seeing things differently.

Beijing may feel it needs to respond to a new U.S. rule released on Sept. 29 which expands the scope of export controls to majority owned subsidiaries of companies on a U.S. list — while Washington likely saw the change as a technical adjustment.

On the flip side, Beijing may see its rare earths restrictions as mimicking Washington’s wide-reaching effort to restrict China’s access to high-end tech, while the U.S. perception is that the restrictions are a negotiation strategy that aims to create leverage before a potential meeting between the two countries’ presidents.

U.S. chipmakers at risk

There’s a clear impact for businesses, reflected in part by Friday’s stock market sell-off.

“One rule in the new package requires that companies obtain a license from China’s Commerce Ministry to export products manufactured anywhere in the world if that product contains Chinese rare earths worth at least 0.1% of the product’s value,” Gabriel Wildau, managing director at Teneo, said in a note Saturday. “In theory, this rule could force companies like Nvidia, TSMC and Intel to obtain permission from Chinese regulators to sell their products inside the U.S.”

Wildau pointed out that “this Chinese rule is modeled after the U.S. Commerce Department’s own ‘foreign direct product rule,’ which imposes a license requirement on any product made with U.S. origin technology, no matter where the product is produced.”

Chinese stocks fell Monday following the U.S. stock market decline, although U.S. stock futures rebounded on hopes the tensions weren’t as bad as initially feared.

“On the specific episode the market is focused on, the two sides may still return to the table to find a short-term fix. However, it won’t be a lasting solution,” said Jianwei Xu, senior economist for Greater China at Natixis. “The trust between them is already gone.”

Trump has signaled he would meet with Chinese President Xi Jinping at the APEC meeting in South Korea at the end of October. China has yet to confirm or deny such plans.

More

Retaliation or escalation? Trust between U.S. and China is fading fast

Brace For Supply Chain Disruptions

Oct. 13, 2025 7:30 AM ET

---- Securing supply

China has once again tightened its export controls on rare earths, which are essential for making everything from smartphones to electric vehicles. In response, the U.S. government has intensified efforts to secure supplies of the metals and cut back dependence on Chinese supply chains.

Mineral stockpile: The Pentagon is moving to acquire up to 
$1B worth of critical minerals as part of an intensified effort to secure supplies of metals vital to defense systems and advanced technologies, the Financial Times reported. These minerals are embedded in nearly every advanced weapons system and radar platform, as well as missile guidance, batteries and communications technologies. Recent Defense Logistics Agency solicitations include up to $500M for cobalt and $245M for antimony sourced from U.S. Antimony Corp. (UAMY).

Big advantage: While companies are bracing for supply disruptions, GM's (
GM) efforts since 2021 to lock in domestic rare earth magnet supply are set to pay off. And it could be the only U.S. automaker with a large direct supply from multiple factories in the coming months. German firm VAC's U.S. manufacturing plant for rare earth magnets will go online this fall, and most of its output will go to GM. The automaker also has multi-year supply deals with MP Materials (MP) and Noveon Magnetics. It's unclear how much of GM's rare earth magnet demand could be met with U.S. production.

Rare-earth fund: Australia is reportedly considering 
mandated floor prices for critical minerals and investing in new rare earth projects as part of a trade deal with the U.S. The Australian government has discussed miners contributing to a $777M critical minerals strategic reserve, which includes funding mechanisms and potential price floors. Australia's Prime Minister Anthony Albanese is set to meet with President Trump in Washington on October 20. 

Brace For Supply Chain Disruptions | Seeking Alpha

In other news, get gold and/or silver.

US's No2 bank flips on gold as ordinary Americans bet they can make a fortune — here's why it's risky

Published: 00:19, 14 October 2025 | Updated: 00:19, 14 October 2025

Gold has been on a record-breaking streak. Now, the world's second biggest bank thinks the trend will continue into next year. 

On Monday, researchers at Bank of America raised their 2026 forecasts for the precious metal, predicting it will jump to over $5,000 an ounce. 

That would be another huge 25 percent jump in one year. Just last week, the price of gold surged to a record high of $4,000, capping a 55 percent increase from January 2025. 

It’s a huge turnaround for the bank. Just last week, it had warned that gold’s price was showing ‘uptrend exhaustion’ and could be due for a crash. 

But today it said that investors show no signs of stopping their rush into gold. Fears of a renewed US-China trade war have fuelled further demand to bullion.

Even everyday Americans are joining the rush — trading platforms report a spike in interest in the metal. 

'Demand for gold remains strong,' Bret Kenwell, an investment analyst at eToro, told the Daily Mail. 'Last week's trading volume in gold futures hit a multi-year high on the metal's way to its eighth straight weekly gain.' 

But for traders, giving 401(k)s and retirement savings plans the Midas touch isn't a great sign for investment. 

Interest in gold proves that fear — not greed — is driving the markets: the US government is at a standstillinflation is biting, and stocks are running hot on hype and low on profits. 

Like ancient kings hoarding the metal in temples or Depression-era Americans hiding coins under floorboards, gold is glinting as the ultimate security blanket.

'Investors are increasingly jumping on the gold bandwagon as safe-haven demand remains strong,' David Morrison, senior market analyst at Trade Nation, previously told the Daily Mail. 

Abigail Wright, senior business advisor at the US Chamber of Commerce, said American companies are quietly adjusting their investment strategies to hedge against inflation and volatility.

'It's not about hoarding metal in a vault,' Wright said. 'The smartest firms use gold as insurance, not income.'

She says individual investors should deploy the same strategy. Don't make sudden moves with your retirement savings, she warned.

 Instead, consider adding a small amount of gold — just one percent to five percent of a retirement portfolio — through funds that track the metal's price. Keep the rest in stable, long-term assets like stocks, bonds, and cash.

But while Wright suggests a more cautious approach, billionaire investors are taking a more bullish stance on gold, betting a significantly larger portion of their wealth on the shining metal. 

Ray Dalio, the founder of Bridgewater Associates, who famously predicted the 2008 market crash, recommended that investors put 'like 15 percent of your portfolio in gold.' 

'Gold is a very excellent diversifier in the portfolio,' he told CNBC.

More

US's No2 bank flips on gold as ordinary Americans bet they can make a fortune - here's why it's risky | Daily Mail Online

Gold hits record high on US rate cut bets; silver follows suit

14 October 2025

(Reuters) -Gold prices climbed to a record high above $4,100 on Tuesday on increased U.S. Federal Reserve rate cut prospects, while resurgent U.S.-China trade woes boosted safe-haven bets, including those for silver, which also reached an all-time peak.

Spot gold climbed 1.3% to an all-time high of $4,162.31 per ounce, as of 0341 GMT.

U.S. gold futures for December delivery gained 0.9% to $4,171.

Gold has surged 58% year-to-date, breaking the crucial $4,100 threshold for the first time on Monday.

The bullion has been bolstered by geopolitical and economic uncertainties, rate-cut expectations, strong central bank buying, and robust exchange-traded fund inflows.

Bank of America and Societe Generale analysts now forecast gold to hit $5,000 by 2026, while Standard Chartered raised its 2026 average forecast to $4,488.

Spot silver jumped 1.1% to $53.13, touching a record high of $53.45 earlier in the session, buoyed by the same factors supporting gold and spot market tightness.

"The trade tensions are not the primary driver for the rally (today) as increasing bets for the Fed to continue its interest rate cut trajectory, reducing long term funding costs eventually lowering the opportunity cost are (also supporting gold)," OANDA senior market analyst Kelvin Wong said.

Philadelphia Federal Reserve chief Anna Paulson said that rising risks to the labour market bolster the case for further U.S. interest rate cuts.

Investors now look to Fed Chair Jerome Powell's address at the NABE annual meeting on Tuesday for rate cut cues.

Traders are pricing in a 97% and 90% chance of a 25-bp rate cut in October and December respectively. Non-yielding gold tends to do well in low-interest-rate environments.[FEDWATCH/]

More

Gold hits record high on US rate cut bets; silver follows suit

Silver squeeze wreaks havoc for City traders

14 October 2025

London traders have been left scrambling to get hold of silver after a price surge blew up bets against the precious metal.

Prices hit a fresh record high on Monday as an unprecedented short squeeze forced investors who wagered on price falls to buy silver in an effort to limit their losses.

A supply shortage in London has intensified the scramble, with some traders forced to rent silver at interest rates of almost 35pc to cover their positions.

Chaos in the market has invoked memories of the Hunt brothers’ attempt to corner the market in the 1970s – which led to a momentous jump in prices followed by a swift crash.

Anant Jatia, chief investment officer of Greenland Investment Management, said: “Clearly anyone shorting the spot market or the LBMA [London Bullion Market Association] has been hurting or they’ve been forced to unwind their shorts.

“They’ve obviously not had a good experience over the last few months and particularly over the last week or so.”

Silver has risen by 35pc since Aug 26, with prices initially driven by concerns about stretched public finances across the West and fears of a possible stock market bubble fuelled by artificial intelligence (AI) stocks.

President Trump’s threat to raise tariffs on China late last week triggered a fresh jump, with silver closing above $50 per troy ounce for the first time on the London Bullion Market Association on Friday.

Low levels of inventory

Spot prices rose more than 2pc to just over $52 on Monday. It came even after Donald Trump backed away from his tariff threat late on Sunday, sparking a rally for US and European stock markets.

Ole Hansen, head of commodities at Saxo Bank, said: “A liquidity squeeze, which we expect to be temporary, amplified the recent silver rally.

“Inventories in London – the global trading hub for physical silver – fell to low levels earlier in the year as concerns over potential US tariffs drew metal to the US.”

There are now just over 22,000 tonnes stored in the city’s silver vaults, compared to more than 35,000 in 2022. Investors have been shipping the metal from Britain to the US over concerns it could be caught up in Donald Trump’s tariffs.

“In commodities, the location of the commodity does matter because pricing can look different if the commodity is available in a particular location or not,” said Mr Jatia.

With supplies limited, some investors have been forced to rent silver in order to present it to trading houses to back up positions.

The interest rate charged to borrow the metal for a month has surged from around 5pc at the start of October to almost 35pc, according to Goldman Sachs.

More

Silver squeeze wreaks havoc for City traders

"As fewer and fewer people have confidence in paper as a store of value, the price of gold will continue to rise. The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register."

Hans F. Sennholz

Global Inflation/Stagflation/Recession Watch.

Given our Magic Money Tree central banksters and our spendthrift politicians, inflation now needs an entire section of its own.

Inflation data used to set 2026 Social Security COLA coming Oct. 24

Mon, October 13, 2025 at 10:49 PM GMT+1

(NewsNation) — The Bureau of Labor Statistics will release a key inflation report later this month despite an ongoing government shutdown that has left economists flying blind at a crucial moment for the economy.

September’s Consumer Price Index data will now be published on Oct. 24, nine days after its original planned release date, according to the BLS.

The inflation report is vital for policymakers trying to chart the best path forward for interest rates, and it’s especially important this month because the data will determine the Social Security cost-of-living-adjustment, or COLA, for 2026.

That’s because the annual Social Security benefit bump is tied to the average inflation data for July, August and September.

recent estimate from the Senior Citizens League put the COLA at 2.7% for 2026, slightly above this year’s 2.5% increase. But a surprise in September’s data could shift that number up or down.

Under normal circumstances, the COLA would have been announced this week, but it’s been delayed since the shutdown closed the BLS.

The agency is now bringing back workers to compile the September report, NewsNation’s partner The Hill reported.

The BLS said the CPI release later this month will allow the Social Security Administration to meet statutory deadlines to “ensure the accurate and timely payment of benefits.” However, other reports will remain on hold.

Inflation data used to set 2026 Social Security COLA coming Oct. 24

Data reveals worries regarding inflation, income and labor market

HBSDealer Staff  10/13/2025

The Federal Reserve Bank of New York’s Center for Microeconomic Data released the September 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short- and longer-term horizons and were unchanged at the medium-term horizon. 

Despite a small rebound in the expected job finding rate, labor market expectations continued to deteriorate, with consumers reporting lower expected earnings growth, greater likelihoods of losing jobs, and a higher likelihood of a rise in overall unemployment. The survey was fielded from September 1 through September 30, 2025.

Key findings from the September 2025 survey include:

Inflation

·         Median inflation expectations in September increased at the one-year-ahead horizon to 3.4% from 3.2% and at the five-year-ahead horizon to 3.0% from 2.9%. They remained steady at the three-year-ahead horizon at 3.0%. The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at the one-year and five-year horizons and was unchanged at the three-year horizon. The increase in the year-ahead measure was largest for those with at most a high school education and those with household incomes under $50,000.

·         Median inflation uncertainty—or the uncertainty expressed regarding future inflation outcomes—declined at the one-year horizon, was unchanged at the three-year horizon, and rose at the five-year horizon.

·         Median home price growth expectations remained unchanged at 3.0% for the fourth consecutive month.

·         Median year-ahead commodity price change expectations increased by 0.3 percentage point for food (to 5.8%) and for gas (to 4.2%), 0.5 percentage point for the cost of medical care (to 9.3%), and by 1.0 percentage point for rent (to 7.0%). The year-ahead expected change in the cost of a college education declined by 0.8 percentage point to 7.0%. The reading for expected food price growth is the highest since March 2023.

More

Data reveals worries regarding inflation, income and labor market | HBS Dealer

Meat and coffee prices drive grocery price inflation

Tuesday 14 October 2025 8:57 am  |  Updated:  Tuesday 14 October 2025 8:58 am

Grocery price inflation in the UK passed five per cent in September to its highest level since July after the cost of fresh meat and coffee jumped.

Like-for-like grocery price inflation rose to 5.2 per cent over the four weeks to 5 October versus the same period last year, according to the latest figures from Worldpanel by Numerator.  

Spending on offers hit its highest level since April at 29.4 per cent, as consumers “hunted for deals to ease the burden on their wallets”, Fraser McKevitt, head of retail and consumer insight at Worldpanel, said.

“Households are juggling a lot of different things when choosing what and where to buy their groceries. Inevitably, cost will be up towards the top of the list as price rises accelerate,” he added.

Worldpanel has estimated that Brits’ average household spend at the grocers has now reached £5,283 a year, a figure which could rise by £275 by the end of the year.

Increasing prices have been driven by a combination of factors, including a higher incidence of disease amongst livestock, a shortage of carbon dioxide, unstable weather patterns and higher taxes. 

Overall take-home sales at the grocers, meanwhile, grew by 4.1 per cent, with online sales up 12 per cent compared with the same four weeks last year.

Online sales now make up 12.7 per cent of the market – the highest share since March 2022.

Over one in five British households did their grocery shopping online at some point in September, marking a return to the popularity seen in the latter stages of the Covid-19 pandemic. 

More

Meat and coffee prices drive grocery price inflation

Covid-19 Corner

This section will continue only occasionally when something of interest occurs.

 

Technology Update.

With events happening fast in the development of solar power and graphene, among other things, I’ve added this section. Updates as they get reported.

Rapeseed discovery ‘could help solve global protein demand’

13 October 2025

Researchers have developed a new method to extract high-quality protein from rapeseed waste, saying the discovery could help solve the world’s growing demand for protein.

Using environmentally friendly solvents, the Heriot-Watt University scientists have found a way to extract protein from the crop.

It means that rapeseed press cake, a by-product from the production of rapeseed oil which is used for animal feed, could become more useful and potentially provide protein for human consumption.

Global protein demand is expected to double by 2050 due to urbanisation and rising incomes in emerging economies.

Professor Stephen Euston, of Heriot-Watt University in Edinburgh, said: “Livestock farming produces high levels of greenhouse gases, creating a serious environmental challenge as demand for animal protein grows.

“We need alternative sources of protein that don’t cost the earth.”

Prof Euston and his colleagues said rapeseed press cake could be improved.

He said: “Rapeseed press cake has been an underused resource, and upgrading it for human consumption would make a lot of sense – there’s a lot available in Scotland, as farmers use rapeseed as a break crop, and the market for the oil has been growing.”

Prof Euston added: “It contains 28 to 45% protein, depending on the processing method, and most of this nutritious material goes unused for human consumption.”

The team investigated whether natural deep eutectic solvents could be used to extract protein from rapeseed press cake.

Using computer simulations, they found certain formulations were able to increase the protein yield significantly.

However there are still hurdles ahead of the techniques becoming commercialised.

Prof Euston said: “More research is required on optimising both the choice of components and concentration of species to maximise yield and purity of protein extracts.

“But this is a step towards a more sustainable food system, where agricultural waste could be upgraded for human consumption.”

The research was reported in the journal Food Hydrocolloids.

Rapeseed discovery ‘could help solve global protein demand’

Next, the world global debt clock. Nations debts to GDP compared.

World Debt Clocks (usdebtclock.org)

“If we went back on the gold standard and we adhered to the actual structure of the gold standard as it existed prior to 1913, we’d be fine. Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we’ve had in the United States, and that was a golden period of the gold standard. I’m known as a gold bug and everyone laughs at me, but why do central banks own gold now?” 

Alan Greenspan. June 28, 2016.


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