Economist’s “News and Views” 7-28-2025
ALERT: BRICS To Imminently Announce A GOLD-BACKED Settlement System! - Andrew Maguire
Financial Wisdom: 7-28-2025
0:00 - The BRICS Summit you didn't hear about
1:27 - BRICS vs. the Dollar: What's really happening?
3:36 - BRICS: The new commodity price makers.
4:22 - Tokenization & Financialization explained.
5:09 - Trump's tariffs & the BRICS response.
6:18 - The New Development Bank & Gold.
7:36 - Gold as the BRICS benchmark.
8:55 - China & Gold: A pivotal moment.
11:50 - China's gold buying spree.
13:59 - War with China and gold backing
15:04 - Restricting control of gold and silver
16:31 - BRICS vs COMEX
17:25 - Impact on diluted local London price fixes
The US To Revalue Gold to $15,000? (Here's when and how) | Clive Thompson
Capital Cosm: 7-27-2025
Japan’s Inflation Crisis Could Trigger The Next Global Bond Meltdown
Daneila Cambone: 7-28-2025
This is a very difficult, fragile situation,” says Peter Boockvar, editor of The Boock Report and CIO of OnePoint BFG, reacting to the tense exchange between Donald Trump and Fed Chair Jerome Powell last week.
“Beating down the Federal Reserve Governor is not going to get you what you want.”
In today’s interview with Daniela Cambone, Boockvar warns of rising global yields and why investors should “watch JGB yields every morning,” pointing to Japan as a key driver of long-term U.S. interest rates.
“There is an aversion to taking on too much duration in sovereign bond land... and that is a big deal.”
On gold, Boockvar explains why he expects another year of massive gold buying: “They are further diversifying their reserve holdings and want to own less dollars… Gold is now number two in that reserve pie.”
Chapters:
00:00 Trump and Powell feud
02:59 Why the bond market is calm
06:00 Long term interest rate projection
07:31 Why Peter is bullish on gold