GDP measured in gold tells a completely different story.
In 1991, US GDP was worth 16.26 billion ounces of gold.
By 2026, it is only worth 6.92 billion ounces.
That is a 57% collapse in gold terms.
China moved from 1.02 billion ounces to 4.44 billion ounces.
That is a 335% rise.
India moved from 0.728 billion ounces to 0.927 billion ounces.
That is a 27% rise.
And the world itself moved from 55.24 billion ounces to just 26.39 billion ounces.
That is a 52% collapse.
So yes, in dollar terms, everything looks bigger.
But in gold terms, the world is smaller.
The US economy looks massive on paper, but against hard money, its purchasing power has collapsed.
China is the clear exception because its productive rise was strong enough to show even against gold.
India has grown, but much slower.
The bigger message is simple:
Fiat GDP shows expansion.
Gold-adjusted GDP shows debasement.
That is why gold matters.
#trump has launched missiles against #Iran that hasn't been authorized by congress.
Sounds familiar just like the illegal, unconstitutional #tarrifs earlier last year.
That is not free market capitalism that #usa claims to be.
#BREAKING#war
Don't be fooled by the current drop in #silver or #GOLD . It is important to remember that drops like that is a feature in the bull markets. I personally see this as a sale for long term holders or individual company investors.
#SLV#gld#GoldCrash#silvercrash
The global warming hoax is “collapsing” as even Bill Gates admits it's actually not a big deal.
No more eat the bugs for you.
The timing is curious now that Big Tech needs gigawatts of real power for AI data centers.
Bidding for the cash in repo operation has been increasing steadily in the last few weeks (a few billion here and there) until today where it totally exploded to more than $50B total of the day. Last time we experienced such an elevated number was in 2019 just before the #covid crash in early 2020.
Considering the current economical environment this does resemble the pattern of 2019. It is important to watch #sofr rate on monday if it shows the additional confirmation of money tightness.
We are experiencing liquidity crunch which can (As far as seen) turn into a liquidity squeeze.
Historically even #gold declines in such event, yet everyone has run for the #dollar at the same time. Will it be the same this time where the foreign central banks are buying gold? I don't know. But the dollar hasn't risen. So the questions are: Is nobody aware of this ( which I doubt) ?; Is the dollar at relatively low price (futures) because the expansion of money and credit is anticipated already?
It is an interesting situation that leaves questions...
Perhaps @BobMurphyEcon can elaborate...
#fed #usd #Economics #breakingnews
Today @SecScottBessent on Fox Business claimed that #China is fueling Russian war machine by purchasing #Uranium, yet recent reports indicate #US imports of Russian enriched uranium totaled around $755 million through mid-2025.
Meanwhile reverse repo stands at $4.496B whilst the failures are climbing up. Depleting bank reserves? More failures in the repo market? USD slowly climbing up? Sounds like a tighter liquidity situation!
#repo#reverserepo#usd#Economics#FederalReserve
Don't be fooled by the profit taking in #gold#silver#platinum#gdx#gdxj#slv etc. This is just a short term pullback on Trumps successful deal to end the war in #Gaza . The underlying fundamentals of horrible US economy and the dollar weaponization hasn't changed.
This gives a fantastic opportunity to add to the positions on the pullback.