Central banks are likely buying way more gold than official figures suggest:
World central banks acquired +44 tonnes of gold in July, +158% above the pre-2022 average of +17 tonnes, according to Goldman Sachs.
This brings the 3-month average of purchases to +91 tonnes, near its highest since mid-2025.
By comparison, the 12-month moving average has oscillated between +50 and +60 tonnes over the last few months.
Meanwhile, official central bank purchases of gold stood at +23 tonnes in July, or 21 tonnes below actual levels.
Furthermore, official monthly purchases have not exceeded +60 tonnes in any month since November 2024, also representing a wide discrepancy.
Central bank gold demand may be much greater than official figures suggest.
BREAKING: The UK is now preparing to ration diesel and petrol and could impose a nationwide 50mph speed limit, with government contingency plans now on the table as pump prices hit a record, per the Express.
It comes as UK diesel broke its 2022 record yesterday at 199.11p a litre (£1.99).
The plans include a maximum purchase scheme limiting how much fuel drivers can buy per visit and restricting selling hours, priority filling stations for emergency services, directed bulk deliveries to utilities and public transport, prioritised diesel for food and health supply chains, and government allocation of crude and imported products.
The UK had 42 days of diesel left as of July, the lowest of any developed nation apart from Australia.
🚨 The gap between the rich and poor is widening globally.
The top 10% now own 75% of all global wealth and the bottom 50% own just 2%.
In the US the gap is even wider, the richest 10% own 70% of the country's wealth.
The IMF warns AI could even widen this gap further.
JUST IN: Apollo Global Management warns AI agents could trigger an “agentic bank run” by automatically moving household cash out of low-interest bank accounts & into higher-yield alternatives.
Crazy but true…
If 94% of the stocks in the S&P 500 went to ZERO leaving only the highest market cap stocks (top 6%) the index would still trade at 4400.
The last time the S&P was @ 4400 was 3 yrs ago in Sept of 2023. 🤯
Foreign Investors pumped $426 Billion into U.S. Stocks during the 2nd quarter, the largest inflow in history, shattering the previous record of $299 Billion set in 2022 🚨
BREAKING: Nano Banc just became the 6th US bank to fail in 2026.
It shut down after over 25% of its loans went bad, mostly tied to commercial real estate.
Is another banking crisis coming?
This guy is the CEO of Flock
He takes pictures of you and hands them over to the cops
But, he doesn’t want you to know what he looks like
PLEASE do NOT share his photo!