Topic: Bundesbank

2 chapters across the catalog

Economist Dr. Kirk Elliott discusses the 1934 Gold Reserve Act and the potential rehypothecation of U.S. gold reserves. He references Germany's 2012 request to repatriate its gold from the U.S., which took five years to partially fulfill. Elliott argues that auditing Fort Knox is essential to restoring the reputation of the U.S. dollar as a sound currency.

Bloomberg reports that Gen Z is searching for "sad music" on Spotify more than any other generation, leading to the term "Bummer Summer." Celente attributes this to the destruction of "life, liberty, and the pursuit of happiness" by politicians. He also notes that the Eurozone is facing a likely recession, with Germany seeing zero growth and startup funding shrinking across Europe.