U.S. national debt surpasses economy for first time since World War II
Submitted by admin on Fri, 2026-05-01 11:22 Section: Daily DispatchesBy Eric Revell
Fox Business, New York
Thursday, April 30, 2026
The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since the conclusion of World War II.
Data released by the Bureau of Economic Analysis today showed that the national debt held by the public reached $31.27 trillion as of March 31, while nominal gross domestic product (GDP) was estimated at $31.22 trillion for the 12-month period ending in March.
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Japan rigs FX market for first time in two years to boost yen, sources tell Reuters
Submitted by admin on Fri, 2026-05-01 09:10 Section: Daily DispatchesBy Leika Kihara and Tamiyuki Kihara
Reuters
Thursday, April 30, 2026
Japan intervened to prop up the yen against the U.S. dollar today, its first official currency action in nearly two years, two sources familiar with the matter told Reuters, sending the Japanese unit currency higher by as much as 3%.
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Alasdair Macleod: Comex silver grinds to a halt
Submitted by admin on Fri, 2026-05-01 08:56 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, May 1, 2026
With open interest down to multi-decade lows, trading in silver is the risk no one is prepared to take. Market-makers make wide prices and speculators are not prepared to play.
Open interest in both gold and silver Comex contracts is extremely low, as we explain in this report. And it should be borne in mind that current levels of open interest represent very oversold markets ripe for a bear squeeze.
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Buffalo hockey fans finish 'O Canada' after singer's microphone malfunctions
Submitted by admin on Thu, 2026-04-30 20:24 Section: Daily DispatchesBy Jin Yu Young
The New York Times
Wednesday, April 29, 2026
https://www.nytimes.com/2026/04/29/sports/hockey/buffalo-sabres-nhl-canadian-anthem.html
As Cami Clune sang the Canadian national anthem before a National Hockey League playoff game in Buffalo on Tuesday night, she faced a singer's nightmare: Her microphone started cutting out.
Money Metals Exchange and Sound Money Defense League announce international Sound Money Scholarship
Submitted by admin on Thu, 2026-04-30 19:41 Section: Daily DispatchesFrom the Sound Money Defense League
via Money Metals Exchange, Eagle, Idaho
Thursday, April 3-, 2026
For the 11th consecutive year, the nation's premier national precious metals dealer and depository has teamed up with influential sound money groups to offer gold-backed scholarships to support student excellence in higher education in 2026.
Money Metals Exchange, Sound Money Defense League, and Sound Money Foundation help students defray the ever-increasing costs of continuing one's education through the first gold-backed scholarship of the modern era.
Indian central bank's dollar derivatives exceed $100 billion
Submitted by admin on Thu, 2026-04-30 15:10 Section: Daily DispatchesBy Subhadip Sircar
Bloomberg News
Thursday, April 30, 2026
The Indian central bank’s intervention in the derivatives market rose sharply in March with its net short dollar position surging to a record $103 billion.
Net short dollar positions rose $25.4 billion from February, according to Bloomberg calculations based on Reserve Bank of India data released today.
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