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Trump’s New 200% European Alcohol Tariff Threat Fuels Recession Fears

President Trump has threatened 200% tariffs on European alcohol, escalating global trade tensions. After claiming on Truth Social that “The Entire World is RIPPING US OFF!!!”, financial markets have dropped sharply, creating economic uncertainty.

This market decline, along with tightening credit conditions, creates challenges for the Federal Reserve during their meeting this week. The Fed must now determine if consumer spending—which drives economic growth—will slow down as households lose net worth from market drops and face harder loan approval processes.

These developments have raised serious questions about whether the U.S. is heading toward a recession or if current economic policies can maintain stability.

Seigniorage explained: ancient Roman silver and gold coins showing debasement layers alongside a modern currency printing press with an 11-cent coin beside a $100 bill
Articles

Seigniorage: The Hidden Tax on Every Dollar You Hold

Every time a government issues currency, it pockets the difference between face value and production cost. It’s called seigniorage. Here’s how it works, why it always ends in inflation, and why gold is the only asset that can’t be debased.

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Gold coins resting on a financial bar chart, illustrating why strong GDP data affects the gold price
News

Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.

Strong GDP data is actually bad news for gold’s paper price. When the economy grows faster than expected, the Federal Reserve gains permission to raise interest rates — and higher rates increase the cost of holding non-yielding assets like gold. Here’s the mechanism, what June 25’s triple data release confirmed, and what it leaves unchanged for long-term holders.

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Latest News

Gold coins resting on a financial bar chart, illustrating why strong GDP data affects the gold price
News

Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.

Strong GDP data is actually bad news for gold’s paper price. When the economy grows faster than expected, the Federal Reserve gains permission to raise interest rates — and higher rates increase the cost of holding non-yielding assets like gold. Here’s the mechanism, what June 25’s triple data release confirmed, and what it leaves unchanged for long-term holders.

Read More »

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Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

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