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‘Fiat is a fraud’: Ricardo Salinas says bitcoin and gold are the only way out
Salinas, chairman of Grupo Salinas and one of Latin America’s wealthiest Bitcoin holders, warned that current government monetary policies - particularly in the U.S. and Mexico - are pushing global economies toward financial repression and stealth confiscation through inflation. “In the United States, they have a spending problem,” he said. “They spend money they don’t have, and then they print the difference. It’s going to end badly - not only for Americans, but for everyone who holds dollars.” His comments come as markets digest a dramatic escalation in Middle East tensions. Gold is trading near ... (full story)
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From boj.or.jp|Jun 16, 2025|5 commentsAt the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.5 percent Regarding the reduction of its purchase amount of Japanese government bonds (JGBs), the Bank decided, by an 8-1 majority vote, on a plan to reduce the amount of its monthly outright purchases of JGBs so that it will be about 2 trillion yen in January-March 2027. The amount will be cut down, in principle, by about 400 billion yen each calendar quarter until January- March 2026, and by about 200 billion yen each calendar quarter from April-June 2026 (see Attachment).1 |NoIc| BOJ: TO REDUCE AMOUNT OF MONTHLY JGB PURCHASES SO IT WILL BE ABOUT 2 TRILLION YEN IN JANUARY-MARCH 2027 TO LEAVE UNCHANGED EXISTING BOND TAPER PLAN RUNNING THROUGH MARCH 2026 LONG-TERM INTEREST RATES ARE TO BE FORMED IN MARKETS APPROPRIATE FOR BOJ TO REDUCE BOND BUYING… BOJ: Frontloading observed in production, exports BOJ: NECESSARY TO PAY DUE ATTENTION TO IMPACT OF TRADE POLICIES ON FINANCIAL, FX MARKETS INFLATION EXPECTATIONS HAVE RISEN MODERATELY EFFECTS OF THE PAST RISE IN IMPORT PRICES AND OF THE RECENT RISE IN FOOD PRICES ARE EXPECTED TO WANE BOJ: Price trend likely in line with goal in outlook for the 2nd half
From @FirstSquawk|Jun 16, 2025|2 commentsG7: WE HAVE BEEN CONSISTENTLY CLEAR THAT IRAN CAN NEVER HAVE A NUCLEAR WEAPON. G7: URGE THAT THE RESOLUTION OF THE IRANIAN CRISIS LEADS TO A BROADER DE-ESCALATION OF HOSTILITIES IN MIDDLE EAST, INCLUDING A CEASEFIRE IN GAZA. G7: WE REITERATE OUR SUPPORT FOR THE SECURITY OF ISRAEL. G7 STATEMENT - WILL REMAIN VIGILANT TO THE IMPLICATIONS FOR INTERNATIONAL ENERGY MARKETS AND STAND READY TO COORDINATE
From youtube.com/nbcnews|Jun 16, 2025President Trump’s support of cryptocurrency has helped bring it from a fringe investment into the mainstream. But his support comes with a personal stake in the industry, which is ...
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From tastylive.com|Jun 17, 2025Financial markets were deeply skewed by sharp moves in the final 24 hours of trade as Israel launched a strike against Iran, targeting assets and personnel linked its nuclear ...
From kiplinger.com|Jun 17, 2025|12 commentsPresident Donald Trump has made no bones about his annoyance with current U.S. Federal Reserve Chairman Jerome Powell. As proof, Trump posted on social media in April that ...
From @financialjuice|Jun 17, 2025|4 commentsBoJ's Governor Ueda: We considered market participants’ views for bond plan. BoJ Gov Ueda: Will Conduct Mid-Term Assessment On Bond Plan Next June - Appropriate To Reduce Bond Buying In Predictable Manner - Japan's Economy Is Recovering Moderately, Although Some Weak Moves Are Seen - Easy Monetary Conditions Will Support Economy BoJ's Governor Ueda: We showed JGB buying plans through March 2027 to allow flexibility, predictability. BoJ's Governor Ueda: Japan's economy is recovering moderately, although some weak moves are seen. BoJ Gov Ueda: Will Respond Nimbly In Case Of Rapid Rise In Long-Term Interest Rates Such As By Increasing Bond Buying, Conducting Fixed-Rate Bond Purchase Operations, Using Fund-Supply Operations Against Pooled Collateral
