The Fed just quietly bought $43 billion in U.S. bonds—but don’t call it QE. Michael Gentile of Bastion Asset Management says it is QE, and a clear sign of how fragile the system has become. With exploding deficits and shrinking demand for U.S. debt, the Fed is stepping in as buyer of last resort. Meanwhile, global central banks are dumping dollars and hoarding gold. We’re witnessing a once-in-a-generation rotation—out of fiat, into hard assets. The dollar’s days as king may be numbered. Got gold?
$US15,000 gold????
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Last
$15.81 |
Change
-0.460(2.83%) |
Mkt cap ! $22.58B | |||
| Open | High | Low | Value | Volume |
| $16.03 | $16.13 | $15.75 | $114.7M | 7.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1359 | $15.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.82 | 12858 | 2 |
View Market Depth
| Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
| NST (ASX) Chart |