There are roughly 370,000 nuclear bunkers in Switzerland, a legacy of the Cold War that are now rarely used. One of them, though, is a hive of activity. Every week, more than a ton of gold is hauled in to the high-security vault, owned by crypto giant Tether Holdings SA, which is now the world's largest known hoard of bullion outside of banks and nation states.Over the past year, Tether has quietly become one of the biggest players in the global gold market - the embodiment of a meeting of the crypto and go ...

Group 1 - The overall rejection rate for any kind of credit in the past 12 months has increased to 24.8% from 23.1%, marking a new series high, with mortgage refinancing rejections hitting a record 45.7% [4] - A study indicates that only 40% of workers aged 61 to 65 are financially on track for retirement, with a median annual deficit of $9,000, representing a 24% shortfall in their funding needs [6] - Nearly 875,000 homeowners have underwater mortgages, the highest level in three years, attributed to softening home prices and elevated borrowing costs [14] Group 2 - The US is preparing $2,000 stimulus checks, while Japan and China are preparing stimulus packages of $110 billion and $1.4 trillion respectively, indicating a global trend towards monetary easing [8] - The 401(k) contribution limit for workers under 50 will increase to $24,500 in 2026, with higher limits for older workers, providing an opportunity for increased retirement savings [10] - The number of housing foreclosures has risen, with over 101,000 properties receiving filings in Q3, a 17% increase from the previous year [17] Group 3 - The three major stock indices posted significant losses for the week, with the S&P 500 and Dow down 2% and the Nasdaq down 2.7%, highlighting market volatility [20] - The "Magnificent 7 stocks" now account for over 36% of the S&P 500's total market capitalization, with NVIDIA alone contributing 20%, raising concerns about market concentration [20] - The US Mint has stopped producing pennies, a move seen as a sign of the declining value of the US dollar, which costs 3.7 cents to produce [25][30]

Market Outlook - The stock market is expected to become increasingly volatile in the coming years due to the current debasement of the US dollar [1]