{"id":275649,"date":"2025-05-05T19:41:21","date_gmt":"2025-05-05T19:41:21","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/05\/american-association-of-physicians-and-surgeons-opines-on-gold\/"},"modified":"2025-06-25T17:08:37","modified_gmt":"2025-06-25T17:08:37","slug":"american-association-of-physicians-and-surgeons-opines-on-gold","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/05\/american-association-of-physicians-and-surgeons-opines-on-gold\/","title":{"rendered":"American Association of Physicians and Surgeons Opines on \u2026 Gold"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

\n

For my sins, I get emails from AAPS<\/a>:<\/p>\n

\n

\u00a0central banks globally are buying gold, but since 2021, foreign official purchases of the U.S. Treasury bill, once considered the safest form of investment, have plummeted. Confidence in the U.S. as the world\u2019s economic powerhouse is crumbling.<\/p>\n

\u2026<\/p>\n

\"\"<\/a><\/p>\n<\/blockquote>\n

The article continues:<\/p>\n

\n

He suggests stocking up on emergency equipment and supplies. He warns that the destructive effects of ObamaCare are continuing, and that good medical care will be increasingly hard to find. \u201cBefriend as many medical professionals as you can.\u201d<\/p>\n<\/blockquote>\n

I won\u2019t comment on the swing at the ACA. I can\u2019t replicate their picture exactly, but I can show how change in value of US Treasuries and agency debt (proxied by central bank dollar holdings) has covaried with change in the value of gold.<\/p>\n

\"\"<\/a><\/p>\n

Figure 1:<\/strong> Change in USD central bank reserves (blue), estimated change in USD central bank reserves assuming 60% of unallocated reserves are in USD (green), and in central bank holdings in gold (red), all in billions of US dollars. Source: COFER, Gold Council, and author\u2019s calculations.<\/em><\/p>\n

Not sure the dollar\u2019s collapse as key international currency was in the offing by end-2024. 2025, as has been discussed elsewhere, is another matter.<\/p>\n

In any case, don\u2019t get your financial news from the AAPS. Actually, don\u2019t get your health news from the AAPS.<\/p>\n<\/p><\/div>\n

[ad_2]
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] For my sins, I get emails from AAPS: \u00a0central banks globally are buying gold, but since 2021, foreign official purchases of the U.S. Treasury<\/p>\n","protected":false},"author":1,"featured_media":275650,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/275649"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=275649"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/275649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/275650"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=275649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=275649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=275649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}