Friday, May 1, 2026

The Allure of Gold

Why Countries Are Stocking Up on Gold
https://www.nytimes.com/2026/05/01/business/central-banks-gold-buying.html
As risk has escalated, central banks have bought more gold to stash in reserve. A widening war in the Middle East could add to the urgency.
 
Related:
https://www.nytimes.com/2026/05/01/business/central-banks-gold-storage.html 

US Military Adventures May Cause a Recession in Europe

It is Trump’s video game war but Europe’s very real recession
https://www.telegraph.co.uk/business/2026/05/01/trump-video-game-war-europe-very-real-recession/
Only an end to wishful thinking in the Oval Office will avert a downturn in Europe, the UK and Japan.