Saudi Arabia has threatened to sell $750 billion in U.S. assets if the JASTA bill becomes law, potentially destabilizing the global bond market. Simultaneously, the Saudis offered to cut oil production only if Iran agrees to freeze its own output.
2 chapters across the catalog
Saudi Arabia has threatened to sell $750 billion in U.S. assets if the JASTA bill becomes law, potentially destabilizing the global bond market. Simultaneously, the Saudis offered to cut oil production only if Iran agrees to freeze its own output.
Bank Stability and Gold Storage Strategies
Following the potential collapse of Fortis Bank, strategies for protecting physical gold assets are discussed. Anecdotes include painting gold bars to look like silver doorstops or black picture frames to avoid theft, while noting that the US Mint has run out of 24-carat gold coins due to high demand.