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flag The U.S. could cut its budget deficit by up to 70% by valuing gold reserves at market prices amid global instability and rising energy costs.

flag The U.S. could reduce its budget deficit by up to 70% by revaluing its gold reserves to current market prices, according to a SBI Research report, as global instability from the West Asia conflict disrupts supply chains and drives energy prices higher. flag The conflict has raised fears of sustained inflation, particularly due to concerns over the Strait of Hormuz, a key oil shipping route, while the U.S. may benefit from increased energy exports to Europe. flag Meanwhile, central banks worldwide are shifting from U.S. Treasury bonds to gold—a trend not seen since 1996—reflecting growing concerns about financial stability.

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