If you’re obsessively refreshing gold charts, cryptocurrency candles, or silver wicks, Robert Kiyosaki wants you to relax. In an X post on Jan. 22, the "Rich Dad Poor Dad" author made it clear: he doesn’t care whether gold, silver, Bitcoin (BTC), or even Ethereum (ETH), rise or fall on any given day. Why? Because, in his view, the real story isn’t market volatility. It’s the slow, steady erosion of the U.S. dollar. Related: Nasdaq wants to remove restrictions on BlackRock, Fidelity ETFs U.S. debt soars ...

Bitwise Asset Management launched the Bitwise Proficio Currency Debasement ETF on NYSE Arca on Jan. 22. The fund combines Bitcoin with gold and other precious metals. It also invests in mining stocks. The fund trades under the ticker BPRO with a 0.96% annual fee, according to Bitwise’s announcement. The ETF targets assets that may benefit from the declining purchasing power of government-issued currencies. It keeps at least 25% in gold at all times. Bitwise, which manages over $15 billion in client asse ...

Financial Data and Key Metrics Changes - NovaGold reported a fiscal 2025 fourth quarter net loss of $15.6 million, an increase of $4.7 million from the prior year, primarily due to higher site activity at Donlin Gold and increased general and administrative expenses [35] - For the full year, the company reported a net loss of $94.7 million, which included a $39.6 million non-cash, non-recurring charge related to warrants issued for a backstop commitment [35] - The treasury increased by $13.9 million during fiscal 2025, ending the year with $115.1 million [36] Business Line Data and Key Metrics Changes - Donlin Gold expenditures increased by $9 million due to the 2025 field program, reflecting the company's second consecutive quarter with a 60% interest in Donlin Gold [35] - Corporate general and administrative cash spend increased by $1 million compared to the prior year [36] Market Data and Key Metrics Changes - The market reception for NovaGold has improved significantly, with the stock price rising from a low of $2.50 early last year to current levels, indicating a potential for major revaluation [7] Company Strategy and Development Direction - NovaGold aims to build what could be America's largest single gold mine, emphasizing the strategic partnership with Paulson and the alignment of interests [3][4] - The company is focused on advancing the Donlin Gold project, with plans for a bankable feasibility study and ongoing exploration to enhance resource conversion [39][48] - The company is also exploring financing opportunities, leveraging partnerships with sovereign wealth funds and other investors [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the gold market, citing strong demand from central banks and the potential for gold prices to reach $3,000-$5,000 [16][25] - The company believes it is in a favorable jurisdiction (Alaska) for mining, which will support its operational stability and growth [10][46] Other Important Information - The company completed an 18,000-meter drill program at Donlin, with a focus on enhancing geological modeling and resource conversion [39] - NovaGold has maintained a strong environmental and safety record, which is crucial for its operations in Alaska [43] Q&A Session Summary Question: What is the ideal structure of the agreement with Glenfarne Group? - Management indicated that discussions are ongoing and that Glenfarne is interested in building and operating the pipeline, with further announcements expected soon [54] Question: How is the budget for the bankable feasibility study allocated? - The budget for 2026 includes significant components for the feasibility study, ongoing exploration, and community engagement, with the feasibility study expected to take about 18 months [60][62] Question: Is the tailings design finalized? - The tailings dam design is finalized and submitted, with no anticipated changes, ensuring stability and compliance with regulatory standards [66] Question: What are the project economics targeted in the BFS? - The project economics at a gold price of $2,100 indicate a double-digit rate of return, with significant leverage to higher gold prices [67]

Group 1: Gold Market - Gold prices have surged significantly, climbing 9% in the first three weeks of 2026 and a remarkable 75% over the past 12 months, signaling fiscal stress, currency debasement, and heightened geopolitical risk [2][11]. Group 2: Corporate Developments - Novartis (NVS) CEO Narasimhan revealed the pharmaceutical giant is pursuing more biotech deals with China than with Europe and has secured an agreement with the U.S. government that shields it from tariffs [3][11]. Group 3: Energy Sector - The International Energy Agency (IEA) forecasts years of downward pressure on oil and gas prices due to persistent supply, indicating a challenging outlook for energy markets [4][11]. Group 4: Cryptocurrency Market - Major cryptocurrency assets experienced a downturn, with Coinbase Global (COIN) falling 4.4%, Bitfarms (BITF) down 7.5%, and MicroStrategy (MSTR) declining 5.5% [5][11]. Group 5: Investor Confidence - Despite renewed Trump tariff threats, ZEW German Investor Morale is anticipated to improve for a second consecutive month, even as the EU-US trade war intensifies [6][11].

2y ago I invested my dad's money for him and got him a returnhe asked me for advice and I said to put in US savings account as the USD is strong vs TRYhe said "no, turkish bank is giving 50% APY, im gonna do that"the inflation was 70%.and now I send him money monthly lolBarchart (@Barchart):BREAKING 🚨: TurkeyTurkish Lira falls to an all-time low against the U.S. Dollar 📉 https://t.co/ODWf5fC9Ch ...

Historical Context & Monetary Policy Shift - In 1971, the US defaulted on its debts due to insufficient gold reserves to back its paper currency [1][2][3] - President Nixon suspended the convertibility of the dollar into gold to defend the dollar against speculators [5] - Breaking the link to gold allowed the US to print more money, leading to a devaluation of the dollar [9] - A similar event occurred in 1933 under President Roosevelt, who also broke the link between paper dollars and gold [7][8] Market Reaction & Economic Impact - Contrary to expectations, the stock market rose nearly 25% after the dollar devaluation in 1971 [6] - The strength of a nation's currency is based on the strength of that nation's economy [4]

The debasement trade refers to an investment strategy where capital flows into assets perceived as hedges against currency devaluation. Typically driven by factors like excessive government borrowing, fiscal deficits, money printing, and persistent inflation. Common assets include gold, Bitcoin, other cryptocurrencies, commodities like silver and platinum, and even stocks as investors seek scarcity or non-fiat alternatives to preserve value when faith in central banks or fiat currencies erode.The concept ha ...

Core Insights - Agnico Eagle Mines Limited (NYSE:AEM) is highlighted as a preferred gold stock by Jim Cramer, emphasizing its low finding costs compared to competitors like Newmont [1] - The stock has seen a significant increase of 117% year-to-date, outperforming gold's overall rise of 54% this year [1] - The company is expected to benefit from new low-cost mines coming online, which could enhance profitability as long as gold prices remain high [1] Company Overview - Agnico Eagle Mines Limited primarily explores, develops, and produces precious metals, focusing on gold, silver, zinc, and copper [1] - The company is positioned well in the current market due to the historical rally in gold prices, which recently surpassed $4,000 an ounce [1] Market Context - The gold market has experienced a spectacular rally, with gold prices increasing significantly, providing a hedge against inflation and economic instability [1] - Cramer advocates for including gold in investment portfolios as a form of insurance, reinforcing the relevance of gold mining stocks like Agnico Eagle [1]

Argentina's Economic Situation - Argentina faced economic turmoil with monthly inflation peaking at over 25% and almost half the country in poverty [3] - Argentinians voted for radical change due to decades of economic hardship [2][3] - President Milei implemented drastic public spending cuts, reduced public workers, closed ministries, and halted public works projects [3] - Argentina's economy is characterized by the widespread use of both the official currency, the peso, and the US dollar [4] - Milei initially devalued the peso and then attempted to maintain a stronger peso to curb inflation, using a crawling peg and currency band [4][5] US Involvement and Implications - The Trump administration offered a $20 billion economic aid package to Argentina, which calmed markets but sparked controversy in the US [9][10] - The US Treasury directly bought pesos and provided Argentina's central bank with a $20 billion currency swap [12] - Some accused the administration of intervening to benefit wealthy American investors holding Argentinian debt [11] - The US support may not be enough to give Milei the boost he needs in the elections, and US taxpayers are already exposed [15] - Argentina owes the International Monetary Fund $41 billion and has a history of defaulting, making the US investment risky [15] Risks and Sustainability - Milei faced protests and bribery accusations against his aids, leading to losses in local elections and concerns about the sustainability of his program [6][7] - Investors panicked about midterm elections, triggering a peso sell-off [7] - The central bank's intervention to contain devaluation led to a loss of reserves, further fueling investor concerns [8] - Unless Argentina addresses its dual currency regime, market turmoil is likely to recur [16]

Core Insights - Corporate clients, primarily small and medium enterprises, represent 10% to 15% of assets under custody on Mercado Bitcoin, Brazil's largest crypto exchange, focusing on holding rather than trading their bitcoin holdings [1] - The trend of adopting bitcoin as a corporate treasury asset has been influenced by companies like Strategy (MSTR), which holds 639,835 BTC, making it the largest corporate holder globally [2] - Brazilian companies are using bitcoin and stablecoins for conservative cash management, rather than for speculative purposes [4] Industry Trends - Brazil ranks fifth in the Global Crypto Adoption Index, yet only one publicly-traded company, Méliuz, currently holds BTC, with OranjeBTC set to become the largest publicly traded corporate holder with $400 million in its treasury [3] - The increase in institutional activity is contributing to reduced overall volatility in crypto markets, making bitcoin more attractive for corporate treasurers [5] - The enterprise segment in Brazil is still in the early stages of crypto adoption, with larger financial players yet to engage significantly [5]