Government | American Bullion

Does the Federal Reserve Own Gold? The Surprising Truth

August 20, 2024
Posted by: brian
Category: Government

Many people believe that the Federal Reserve owns gold, a misconception that persists despite the clear facts. In reality, the Federal Reserve does not own any gold. Instead, the gold commonly associated with the Federal Reserve is owned by the United States government, specifically the United States Department of the Treasury. In this article, we

Why Market Volatility Drives Up Gold Prices

August 19, 2024
Posted by: brian
Category: Buy Gold, Gold, Gold IRA, Government

The recent market volatility has had widespread implications, particularly reinforcing gold’s status as the ultimate safe-haven asset. As the S&P 500 index fell by over 10% from its peak, investors turned to gold for stability. This article will explore why gold remains attractive during turbulent times, the current economic uncertain environment, and what the future

Why the Trillion-Dollar Coin is Not a Viable Solution for U.S. Debt

August 13, 2024
Posted by: brian
Category: Currency, Government

The concept of a trillion-dollar coin has resurfaced as a potential fix for the U.S. government’s debt ceiling issue. The proposal involves minting a platinum coin with a $1 trillion face value, which the U.S. Treasury could use to pay off debts without raising the debt ceiling or borrowing from the Federal Reserve. While this

Central Bank Gold Buying Hits New Record in 2024: What’s Driving the Surge?

August 10, 2024
Posted by: brian
Category: Buy Gold, Government

Central banks worldwide have significantly increased their gold purchases in the first half of 2024. According to the World Gold Council, central banks accumulated 374.1 tons of gold during this period, marking a 34% increase compared to the first half of 2023. This unprecedented surge has set a new record for central bank gold buying.

Navigating Market Volatility: Why Consider Investing in Precious Metals?

August 8, 2024
Posted by: brian
Category: Government, inflation

The financial landscape is currently experiencing turbulence, with stock markets facing significant declines, driven by escalating debt concerns and economic uncertainty. This article delves into the factors contributing to this volatility and why more investors are now considering precious metals like gold as a safe-haven investment. Key Takeaways Recent stock market decline: The S&P 500

Understanding the Resilience of the Gold Market Amid Economic Uncertainty

August 7, 2024
Posted by: brian
Category: Government, inflation

The gold market continues to exhibit remarkable resilience and bullish momentum, securing its position as a safe-haven asset amid current economic challenges. In this blog post, we will explore the factors contributing to gold’s stability and bullish outlook, diving into elements such as economic uncertainty, investor sentiment, central bank purchases, and supply-demand dynamics. Key Takeaways

Navigating Market Volatility: What Will the Fed Do Next?

August 5, 2024
Posted by: brian
Category: Financial institutions, Government

The recent downturn in stock markets has left investors on edge, awaiting guidance from the Federal Reserve (Fed). With significant drops in the S&P 500 and Nasdaq Composite indices, the question on everyone’s mind is: Will the Fed pivot or panic? This article delves into the current market conditions, inflation concerns, and the economic indicators

International Monetary System

April 10, 2024
Posted by: Agbaje Feyisayo
Category: Financial institutions, Government

In today’s interconnected world, the concept of money transcends borders and is an integral part of international trade and finance. The international monetary system plays a pivotal role in shaping the global economic landscape, influencing the movement of currencies, facilitating transactions, and promoting financial stability. This article delves into the nuances of the international monetary

Federal Reserve Holds Rates But Sees 3 Cuts in ’24 Despite Inflation.

March 26, 2024
Posted by: Erman Ebren
Category: Buy Gold, Government

At its March meeting, the Federal Reserve left its key interest rate unchanged at a 23-year high of 5.25% to 5.5% for a fifth straight meeting, but stuck to its forecast of three rate cuts this year despite signs that inflation may stay elevated longer. The decision means that Americans will continue to pay higher

Jaime Dimon Shares Concerns Over Potential U.S. Debt Default

May 17, 2023
Posted by: brian
Category: Government

On May 11, JPMorgan Chase President and CEO Jamie Dimon warned that U.S. markets will be gripped by panic, as the U.S. approaches a possible default on it sovereign debt and that such an event would ripple through the entire financial world. Specifically, he said, “The closer you get to it, you will have panic