Rupee's Fall Fuels 349% Surge in Gold Imports
The WEAKENING Indian rupee is triggering a GOLD RUSH. The rupee is DOWN 5.6% against the USD since the start of last year. In response, India’s gold imports has surged 349% during the past year. BUY GOLD, WEAR DIAMONDS. https://t.co/iGjJpyGh1p
December PCE Inflation Hits 2.9%, Exceeding Fed Target
The US Personal Consumption Expenditures (PCE) rose from 2.8%/yr in November to 2.9%/yr in December. That’s ABOVE the FED’s inflation target of 2%/yr. INFLATION = THE GENIE THE FED JUST CAN'T PUT BACK IN THE BOTTLE. https://t.co/bTd3rr7JXl
Majority of Americans View Trump’s Tariffs as Harmful
Americans go negative on Trump's tariffs. A majority of U.S. adults say that the impact of tariffs on their families will be negative. https://t.co/eOn1TQa7Bi
Chile's Chicago Boy Reforms Outpace Argentina's Peso Woes
Chile basks in the afterglow of the free-market reforms put in place by Pinochet’s Chicago Boys (1973–1990). Argentina struggles under the weight of the Argentine peso. CHILE LEAVES ARGENTINA IN THE DUST. https://t.co/UyNgQY2kIL
Tariffs Shift U.S. Imports, Not Reduce Deficit
As a result of Trump's tariffs, Americans bought less from China, but more from other countries around the world — Cambodia, Vietnam, Malaysia, and Thailand. TARIFFS DON'T CLOSE TRADE DEFICITS. THEY JUST RE-SHUFFLE THE SOURCES OF IMPORTS. https://t.co/CFIWJu9be2
India Pivots to Brazil with $20B Mining Deal
#IndiaWatch🇮🇳: India just signed a $20B mining and minerals pact with Brazil to secure iron ore and fuel steel expansion. US tariff threats push India away, and it pivots towards the global south. https://t.co/JvDQ3RVGy6
Xi Holds the Leverage as Trump’s Tariff Threats Backfire
When it comes to Trump's tariff threats on China, it's clear that chairman Xi holds all the cards. TRUMP’S TARIFFS = BACKFIRE. https://t.co/ACGdxKxjr0
Western Media Misleads: Ukraine, Not Russia, Faces Crisis
Forget the Western propaganda about the economies of Russia and Ukraine. Contrary to Western media, Russia is not about ready to collapse. It's Ukraine that is in trouble. Don't forget Hanke's 95% Rule: 95% of what you read in the press is either wrong...
India Skips One‑Sided US Deal, Outpaces Indonesia
Thursday, Indonesia’s Pres. Prabowo signed a one-sided US-Indonesia trade deal. Indonesia was slammed with a 19% tariff, while nearly all IDN tariffs on the US were eliminated. In contrast, P.M. Modi has wisely not signed a U.S.–India deal. INDIA LEAVES INDONESIA IN...
Sachs: Trump's Tariffs Are Taxes on Americans, Not Aid
Distinguished Columbia Prof. Jeff Sachs on Trump’s tariffs: “Trump is charging taxes on Americans. [Yet] he fantasizes that [he's charging taxes on] other countries… and he somehow believes this is helping the US economy.” https://t.co/iWEXdB8QFT
Supreme Court Reaffirms Congress Holds Tariff Authority
Distinguished Columbia Prof. Jeff Sachs on the Supreme Court finally crushing Trump’s tariffs: “The powers to impose duties are congressional, not presidential... Today the Supreme Court stood up... and said the President of the US must abide by the law.” https://t.co/Dg8fWzEyAP
2025 US Job Growth Hits Decade Low Amid Tariffs
US job growth in 2025 was the weakest outside of recessions in the past two decades. US TARIFFS = TANK TIME. https://t.co/ONURMpns4b
Russia's Economy Surpasses Japan Amid Kuril Islands Dispute
As Russia and Japan arm wrestle over the Kuril Islands, Russia’s economy outpaces Japan. https://t.co/Y7wv29WjpH
Trump's Threats Prompt Modi to Dismantle India’s Protections
My take on MODI'S WIN over Trump in the US-India Trade Deal: "Ironically, Trump's threats have allowed Modi to dismantle some of India's protectionist measures. Previously, the dismantling wouldn't have been possible. Now Modi can say, 'Enemy Trump made...
US‑Led Regime Change Leaves Libya with 58.8% Inflation
#LibyaWatch🇱🇾: Thanks to US-led regime change operations in 2011, Libya is a failed state. Today, I measure Libya’s inflation at 58.8%/yr. LIBYA’S ECONOMY = IN THE TANK. https://t.co/5JVou6TFc3
Japan's Low Inflation Reflects Weak Money Supply Growth
Japan’s inflation rate comes in at 1.53%/yr in January, BELOW its 2%/yr target. JP’s money supply (M2) is growing at 1.56%/yr, WELL BELOW Hanke's Golden Growth Rate of~6.07%/yr, a rate consistent with JP’s 2%/yr inflation target. THE INFLATION STORY = A MONEY...
US Sells Venezuelan Oil to India, Surprising Twist
Today, the US announced a plan to sell Venezuelan oil to India. Note who’s selling Venezuela’s oil to India. It’s Uncle Sam. AMAZING. https://t.co/SLitquccox
Dollar Stays King, No Signs of Dethronement
My take on the US dollar: "The DOLLAR IS KING, and it's going to REMAIN KING. It's hard to knock a king off his throne." https://t.co/txOJ9KZ8Qw
Supreme Court Overturns Trump's Tariffs, Warning of Ongoing Trade Battles
Trump's tariffs COST US BUSINESSES BILLIONS. Fortunately, today, the US Supreme Court struck down Trump’s tariffs. But that won’t be the last act in the TARIFF TRAGEDY. https://t.co/BaPcQ0duJJ
Argentina's 32% Inflation Fueled by Runaway Money Growth
Argentina’s inflation comes in at a RED HOT 32.4%/yr. NO SURPRISE. AR’s money supply (M3) is growing at 38.7%/yr. That's WELL ABOVE Hanke's Golden Growth Rate of 9.8%/yr, a rate consistent with hitting its 5%/yr inflation target. INFLATION = PRES. MILEI'S ACHILLES HEEL....
BMO Raises Gold Forecast to $6,500, Bull Peaks $6‑7k
The Bank of Montreal has followed my lead. It just UPGRADED its gold price forecast to $6,500/oz by year's end. I predict the GOLD BULL will PEAK at $6,000-$7,000/oz. BUY GOLD, WEAR DIAMONDS. https://t.co/69wgiprOrt
Iran's Warning Highlights Hormuz's Strategic Oil Choke Point
My take on the closure of the Strait of Hormuz: “The Iranians recently shot a warning shot across the bow. They indicated that they can shut the straits down and cut the world off from 20% of its supply.” https://t.co/sbb1tuQO4T
US GDP Growth Stalls at 1.4% in Q4
US GDP growth SLOWED to a MISERABLE 1.4% in Q4 2025. Forget the AI, Silicon Valley, and Trump hype on the economy. The US economy grew at 2.2% for 2025 -- down from 2.8% in 2024. SPINMEISTER TRUMP HAS A LITTLE PROBLEM...
Brazil Should Delay Bitcoin Purchases Until Inflation Target Met
For more than 5 years, Brazil has been unable to hit its inflation target. Now it wants to buy a million Bitcoin over the next 5 years for a National Bitcoin Reserve. Until Brazil hits its inflation target of 3.00%/yr, it should NOT...
Expert Questions Reports of China, Russia Arming Iran
Geopolitics expert Alexander Mercouris on Chinese and Russian aid to Iran: “There are all kinds of rumors and reports ... that Iran is receiving important military aid from China and from Russia as it prepares for the conflict with the US.”...
Venezuela's Offshore Gas Stuck Under US Sanctions
Venezuela sits on vast offshore natural gas reserves that could be developed quickly. But NOTHING will happen as long as US sanctions are imposed on Venezuela. It's time to LIFT SANCTIONS. https://t.co/RrlrOxXGDy
U.S. Debt Surge Demands Immediate Fiscal Brake
While the U.S. private sector repaired its balance sheet after 2008, the government did not. Gov’t debt to GDP ratio has climbed from 40% in 2007 to almost 110% today. THE U.S. NEEDS A DEBT BRAKE. UNSUSTAINABLE DEBT = FISCAL CRISIS. https://t.co/38NJYDyJgP
Trump's Blockade Collapses Cuba's Tourism Industry
#CubaWatch🇨🇺: Thanks to Trump's blockade, Cuba's tourism industry has entirely collapsed. Major hotels and airlines have completely shut down. Stay tuned. https://t.co/BF6qoIAgu0
125 International Companies Exit Pakistan Amid Corruption Claims
#PakWatch🇵🇰: 125 international companies are ceasing operations in Pakistan. PAK = CORRUPT = 3RD WORLD https://t.co/tmHXxbtj8I
Trump's Tariffs Fail, Trade Deficit Widens to $70 B
Pres. Trump promised his steep tariffs would narrow the trade deficit and spark a manufacturing revival. New federal data show the U.S. trade deficit widened to –$70.3B in December 2025. So much for Trump's trade spin. https://t.co/NIGIRs4sQt
AI Data Centers Drain Power of 100k Homes
According to a report from the International Energy Agency, an average AI datacenter consumes as much electricity as 100,000 households. AI = HIGHER ELECTRICITY PRICES = AN AFFORDABILITY PROBLEM. https://t.co/65QNfr2y4U
Copper Prices Jump 44% Year‑Over‑Year
Copper prices have surged to an average of $13,012/mt in January 2026 from $8,991/mt a year ago. That's a WHOPPING 44% INCREASE. BUY COPPER, WEAR DIAMONDS. https://t.co/FIhvIikhjQ
Sudan's Pound Plummets 27%, Ranks 6th Worst
On this week's Hanke's #CurrencyWatchlist, the Sudanese pound ranks as the WORLD'S 6TH WORST currency. The Sudanese pound has depreciated by over 27% against the USD in the past year. IT’S TIME TO DUMP THE SUDANESE POUND & REPLACE IT WITH THE US...
India Bypasses US, Secures 114 French Rafale Jets
India isn’t waiting on Washington. It just signed a deal for 114 Rafale jets from France. This is more evidence that India is pivoting away from Trump’s threats from the US. https://t.co/kHtF1xgjEs
India's Exports Surge Despite Higher US Tariffs
From the World Bank’s Global Economic Prospects: Indian merchandise exports rose despite higher US tariffs. MODI’S ON A ROLL. https://t.co/yxKowcoHyv
India's 6.5% Growth Beats China, Fastest Major Economy
As the World Bank notes, India is the fastest-growing major economy. India's growth rate of 6.5% is even outpacing China's. https://t.co/3S7a6Z6LbT
India Drives South Asia's 6‑7% Growth; Rest Lags
According to the World Bank, South Asia growth stays near 6-7%. Strip out India, and the region slows sharply. India is the growth story. https://t.co/Q8e7g9b1j3
Indonesia Leads Malaysia in Palm Oil and Economic Growth
What do Indonesia and Malaysia have in common? They are the two biggest palm oil exporters in the world. Since 2008, Indonesia’s economy has outperformed Malaysia’s. https://t.co/mTUct95oZv
North Korea's Inflation Soars to 74.6%, World’s Third Highest
#NKWatch🇰🇵: Today, I measure North Korea’s inflation at 74.6%/yr — that’s the THIRD HIGHEST IN THE WORLD. Kim’s rockets fly, but inflation is what’s truly SKYROCKETING. https://t.co/EbYJ0oBnAW
Dalio Predicts US Will Print Money, Devalue Currency
Ray Dalio, founder of the world's LARGEST hedge fund, on the national debt: "When countries essentially go broke, what they do is... print money, devalue the currency, and create an artificially low interest rate...that is the way the [US] will do...
NYC Deficit Sparks Mayor's Risky Corporate and Property Tax Plan
New York City faces a fiscal crisis –– a $5.4B budget deficit. Mayor Mamdani’s plan: tax the most profitable corporations or INCREASE PROPERTY TAXES FOR THE FIRST TIME IN DECADES. MAMDANI’S PLAN = A PLAN TO KILL NEW YORK’S ECONOMY. https://t.co/HKJXzJh4Cu
Gold Rallies 13% as Tech Stocks Stumble
While the Magnificent Seven tech stocks have SUFFERED in 2026, GOLD IS UP over 13%. It's time to turn away from SILLY VALLEY. BUY GOLD, WEAR DIAMONDS. https://t.co/PZTIJFhPOp
Egypt's M3 Surge Drives Inflation Beyond Target
Egypt's inflation rate is 11.9%/yr. Egypt's money supply (M3) is growing at 22.7%, ABOVE Hanke's Golden Growth Rate range from 13.1%/yr-17.1%/yr, consistent with hitting its inflation target range of 5%/yr-9%/yr. THE INFLATION STORY = A MONEY SUPPLY STORY. https://t.co/V2EApGpMCY
Saudi Crude Shipments to China Hit Multi-Year High
Saudi Arabia’s projected March crude oil shipments to China are set to reach a multi-year high. When it comes to commodities, China is always the elephant in the room. Maybe this is a bullish sign? Stay tuned. https://t.co/d55SdnfvJv
Central Banks Amass Record Gold, China Adds 357 Tonnes
Central banks around the world have spurred one of the largest gold-buying waves in history. The top 15 buyers added ~2,000 tonnes. China alone added over 357 tonnes since 2020. BUY GOLD, WEAR DIAMONDS. https://t.co/8Gm9M05oo3
UK Unemployment Peaks Since COVID, Youth Jobless at 16%
#UKWatch🇬🇧: UK unemployment levels have reached their HIGHEST LEVEL since COVID. Youth unemployment ROSE TO 16.1%. RUSSOPHOBE STARMER’S GOVERNMENT IS FLOUNDERING. https://t.co/4jk4KQ1Q5I
Iranian Rial Crashes as US‑Iran Nuclear Talks Begin
Today, US-Iran nuclear talks began in Geneva. As the talks start, the Iranian rial is in the tank. It has depreciated by over 43% against the dollar in the past year, making it THE SECOND WORST CURRENCY IN THE WORLD. https://t.co/PORIO6lGtc
Sanctions Spawn Shadow Fleet, Aging Tankers Scrapped in India
US sanctions squeezed Russian and Venezuelan oil shipping out of mainstream markets. A shadow fleet emerged. Now aging dark fleet tankers are arriving at Indian scrapyards at a record pace. SANCTIONS = WORKAROUNDS = UNINTENDED CONSEQUENCES. https://t.co/GddyWzZwZd
Dalio Warns CBDCs Erase Privacy, Enable Political Control
As @RayDalio, founder of the world's LARGEST hedge fund told @TuckerCarlson on central bank digital currencies: "There will be no privacy... all transactions will be known... and if you're politically disfavored, you could be shut off." https://t.co/3H4Lcz4ysb
North Korean Won Plummets, Ranks Third Worst Globally
On this week's Hanke's #CurrencyWatchlist, the North Korean won ranks as the WORLD'S 3RD WORST currency. The won has depreciated by 41% against the USD over the past year. PLIGHT OF THE WON = ONE OF THE WORLD’S MOST UNREPORTED STORIES. https://t.co/7leiebPd5D