
Physical gold neutralized by ‘paper trap’ and banking monopoly, Saifedean Ammous says
(Kitco News) - The U.S. national debt surpassed the $39 trillion mark on Wednesday, according to Treasury Department data, a milestone that economist Saifedean Ammous warns is part of a structural "debt wall" that will fundamentally change global wealth preservation.

Swiss Bankers Association says gold’s importance as a store of value is only increasing despite its recent price volatility
(Kitco News) – Gold will continue to gain relevance as a store of value in a more fragmented and politically sensitive global financial system, but not necessarily through big price increases, according to Nina-Alessa Michel, policy advisor for regulation and economics at the Swiss Bankers Association.In an analysis published Wednesday, Michel said recent events are proving once again how closely gold prices are linked to global uncertainty.






