Free Republic

Something Suspicious Is Happening The accumulating evidence has led me to believe Gold is going to get revalued… and sooner than most think. Bond yields are blowing out now. Central banks are buying gold at record levels. President Trump recently announced he wants to audit Fort Knox. States across America are reintroducing gold and silver into the monetary system. And every single day, I watch one expiration: December 2026. Deep out-of-the-money COMEX gold calls. $10,000/oz — 1.1M oz in open contracts $15,000/oz — 2.4M oz in open contracts $20,000/oz — 2.65M oz in open contracts Thousands upon thousands of contracts....

Gold has surpassed US Treasuries to become the world's top reserve asset, a European Central Bank (ECB) report has revealed. The shift highlights a major change in the global financial landscape as central banks continue to increase their gold reserves amid geopolitical uncertainty. By the end of 2025, gold accounted for 27% of official reserves, surpassing US Treasuries at 22% and euros at 15%.....

Bitcoin’s (BTC) price fell below $70,000 on Tuesday morning, wiping out nearly $800 million in leveraged crypto traders in the last 24 hours amid escalating outflows from spot BTC exchange-traded funds. Bitcoin’s price was trading at around $69,400 at the time of writing, down 4.4% in the last 24 hours – the steepest decline among the top 10 cryptocurrencies by market capitalization – and was among the top trending tickers on Stocktwits.....

Bridgett Fertig repostedBridgett Fertig@LightOnLiberty·May 30America's gold is missing and President Trump knows it.A 1974 article in a New York periodical stated that the Rockefeller family was directing the Federal Reserve to liquidate Fort Knox gold at below-market prices to unnamed European buyers.3 days after her tip launched that story, Louise Auchincloss Boyer, Nelson Rockefeller's personal secretary, fell to her death from her 10th floor Manhattan apartment.The investigation ended there and the gold was gone. For 14 years, industrialist Ed Durrell wrote to over 1,000 government and banking officials demanding a full accounting of what remained in the vaults of Fort...

Gold:The earliest documented use occurred in China around 2,500 years before it was presented to the baby Jesus. In medieval times, and still today, certain outlets promoted the consumption of gold to alleviate depressive symptoms and migraines, while improving concentration and alertness. In the 19th century, gold was considered nervine — an agent that calms the nerves — and it was used to treat diverse conditions ranging from alcoholism to epilepsy... Some gold salts, though, can be processed by the body and have anti-inflammatory properties. Some arthritis drugs include gold salts, such as sodium aurothiomalate and auranofin... The isotope gold-198...

President Donald Trump wants someone to go count the gold at Fort Knox. On May 31, Trump posted an image to Truth Social reading "Time to Physically Audit Fort Knox." It was attached to a New York Post story headlined "Former CIA official arrested after feds find $40M worth of gold bars stashed at his home." The post drew more than 10,000 likes....

In a compelling development stemming from an FBI raid conducted last year, a portion of the gold bars found in the residence of embattled Sen. Bob Menendez (D-NJ) have been identified as those stolen in a high-profile 2013 robbery. In September, Sen. Bob Menendez, the senior U.S. Senator from New Jersey and the former Chairman of the Senate Foreign Relations Committee, and his wife, Nadine Menendez, were indicted on bribery and corruption charges. In October, Bob Menendez was charged with acting as a foreign agent in a superseding indictment. Bob Menendez and his wife are under investigation for their involvement...

A former CIA senior officer with top secret-level clearance has been accused of secretly stashing [$40] millions of dollars in gold bars in his home that he said he needed for “work-related expenses,” according to court documents...David Rush, who held a management position, was charged with criminal theft of public money in a complaint filed in the Eastern District of Virginia. He was also accused of lying to his employers about his background for nearly two decades. [snip]“After a CIA internal investigation identified potential violations of the law, CIA Director John Ratcliffe referred the information to the FBI for a...

hina buys up the bullion, the relevance of paper markets on Comex (and London) is shrinking. Liquidity and relevance of paper gold and silver relative to bullion are diminishing. This market report analyses why open interest on Comex has declined to multi-year lows and the consequences. Clearly, liquidity has been drained from western paper markets by the continual drift of bullion into firm Asian hands. We present evidence of the strains on market makers on Comex who have limited capital resources and we debate the consequences. Open interest is now at multi-year lows This week saw open interest in the...

A former senior CIA official with top secret-level clearance is accused of stealing hundreds of gold bars worth more than $40 million from the federal government and stashing them in his home. David Rush was arrested and charged with criminal theft of public money last week, according to federal court filings in Virginia, where he lives. From November to March, Rush requested and received a “significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses,” according to an affidavit from an FBI agent investigating the case. The affidavit says its unclear what Rush...

China has instructed its major domestic banks to limit their purchases of U.S. Treasury bonds and sell off existing holdings. While this stops short of a complete legal ban on all cross-border investment, it marks a substantial drawdown of China's exposure to U.S. debt and a pivot away from U.S. financial assets. In this video, we break down Beijing’s quiet but massive crackdown on mainland Chinese investment into U.S. stocks and bonds, why eight Chinese regulators coordinated the move together, and how it connects to a much larger long-term strategy involving gold, payment systems, energy trade, and the future of...

The Paris Mint said that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis a century ago. Four versions of the new Marianne coins will go on sale 16 June, ranging from one-tenth of an ounce (3.1 grams) to a full ounce (31.1 grams). One side will feature the symbolic Marianne face representing the French republic, while the other will show a map of the nation's territories, the Mint said. They will compete on the global market with South African Krugerrands, Canadian Maple Leafs or American Gold Eagles. The goal is...

Dear Friend of GATA and Gold: In an interview today with Chris Marcus of Arcadia Economics, Money Metals Exchange CEO Stefan Gleason deplores the superficiality with which the issue of auditing the U.S. gold reserve at Fort Knox continues to be treated by the Trump administration and financial news organizations. The audits claimed to have been done by the U.S. government, Gleason says, have not really been audits at all but just a review of paperwork that itself has been improperly altered from time to time. In any case, Gleason says, much of the U.S. gold reserve is impure metal,...

...The discovery was made by Henrik Refsnes Mørtvedt, a first-grade pupil at Fredheim School, during a class trip in the Brandbu area of the Gran municipality, in Norway's Innlandet county. According to NRK, Henrik spotted part of the object protruding from the soil while walking across a field with his classmates...Instead of treating it as a souvenir, they contacted local archaeologists. That decision may have saved an important piece of Norway's early medieval past.Archaeologists identified the object as a single-edged sword, meaning it was sharpened on only one side. This type of blade is often associated with the Merovingian Period...

President Trump believes this is his golden opportunity. The president revealed that he’s still eager to crack open Fort Knox and personally ensure that the nation’s gold reserve — valued at nearly $700 billion — is still in the highly secure bullion depository following an uproar about it last year. “We wanted to go and knock on the door of Fort Knox — a very thick door — and to see whether or not we have any gold in there,” Trump told “Full Measure with Sharyl Attkisson” in an interview that dropped Sunday. Last year, former Department of Government Efficiency...

A man went out on a morning walk in southwest Norway and stumbled upon a surprise: an elite warrior's sword scabbard that was purposefully buried 1,500 years ago. The rare gold object, which was richly decorated with serpentine animals, was probably an offering to the gods at a time of famine and societal turmoil, researchers say...The sixth-century gold artifact, which is about 2.4 inches (6 centimeters) long and weighs 1.2 ounces (33 grams), once adorned the scabbard of an elite warrior's sword. Only 17 others have been discovered to date in Northern Europe, and most were found in hoards with...

Introduced in House (05/07/2024) Monetary Metals Tax Neutrality Act of 2024 This bill exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots that are valued primarily based on their metal content and not their form.

GFN – LONDON: The World Gold Council reported that central banks added a net 244 tons of gold during the first quarter of 2026, the fastest accumulation pace in more than a year despite heightened price volatility across global precious-metals markets. The World Gold Council said net purchases rose from 208 tons in the previous quarter, with buying activity concentrated in March as prices declined sharply from record highs reached earlier in the year, according to its Gold Demand Trends report (via BBG). Poland, Uzbekistan, and China led the accumulation, taking advantage of softer prices following a sustained rally that...

A gold brooch attributed to the Late Germanic Iron Age has been uncovered in Denmark by metal detectorist Mikkel Warming. The object is provisionally dated to the mid-6th century AD based on typological characteristics, although further specialist assessment is required.The find was identified following a non-distinct metal-detecting signal consistent with low-value metallic debris. Subsequent excavation revealed a gold object at shallow depth within compact soil. No immediate surface indicators distinguished the signal from common modern refuse...The brooch measures approximately 40 mm in length. Its surface is densely decorated with repeated circular motifs arranged in a highly regular pattern. The ornamentation...

The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements. In practice, this means that most of America’s massive gold stockpile is illiquid and wouldn’t be readily accepted on the international market should the need arise: “It’s a decrepit relic just like our monetary policy is. With respect to America’s gold stockpile, we hold ourselves to a lower standard than the rest of the world,” Money Metals CEO Stefan Gleason said. The French central bank recently sold 129 tonnes of similar non-standard gold that...