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China Is Selling Dollars And Treasuries To Buy Euros And Bunds
Well, for one thing, there's a question about whether the USA usually is a net producer or net importer of gold. From Chatgpt U.S. Gold Consumption vs. Production Consumption: In 2023, the U.S. consumed approximately 250 metric tons of gold. Statista Production: In the same year, the U.S. produced about 160 metric tons of gold. Statista This indicates a shortfall of around 90 metric tons, meaning the U.S. consumed significantly more gold than it mined domestically. So wherever they're putting their money, not likely to be American gold. The same goes for silver Yes, the United States consumes more silver than it produces, relying significantly on imports and recycling to meet its demand. U.S. Silver Production and Consumption Mine Production: In 2024, U.S. mines produced approximately 1,000 metric tons of silver, primarily as a byproduct from base and precious metal mining operations. Refined Silver Output: U.S. refiners reported a total output of 2,400 metric tons of commercial-grade silver in 2024. This figure includes silver recovered from both domestic and foreign ores, concentrates, and recycled materials. U.S. Geological Survey+2U.S. Geological Survey+2U.S. Geological Survey+2 Apparent Consumption: While the exact consumption figure for 2024 isn't specified, historical data indicates that the U.S. consistently consumes more silver than it produces. For instance, in 2022, the net import reliance was 69% of apparent consumption, highlighting a significant dependency on foreign sources. U.S. Geological Survey Recently, the US has been a been a huge net importer. Most likely out of fear of tariffs..So, no, it's unlikely that they are buying gold and silver from the US. America’s appetite for gold is ‘sucking’ bullion out of other countries https://www.cnbc.com/2025/02/28/us-gold-demand-is-sucking-bullion-out-of-other-countries.html -
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Topless Dancing at Songkran Spurs Cultural Image Controversy
Cultural controversy or 20th century prudism ? -
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Would you, even for free, ride Bozos's giant rocket into "space"?
He obviously stole the design from the film Flesh Gordon (1971). https://tse4.mm.bing.net/th/id/OIP.zSbQB5F3MnowZtVSUMh7bAHaEK?w=294&h=180&c=7&r=0&o=5&pid=1.7 -
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Manhunt Underway After Gunmen Open Fire at Temple Festival, Injuring Three
So tough he had to come back with a gun after being kicked out. 🙄 -
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German Tourists Hit by Songthaew While Using Zebra Crossing in Khao Lak
No I'm not a random tourist but I think one should proceed with extreme caution.
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