Why Did the Gold Price Rise So Much in 2025 and Early 2026?
The Daily Friend dailyfriend.co.za May 24, 2026 Continue reading Why Did the Gold Price Rise So Much in 2025 and Early 2026?
The Renminbi is Unlikely to Displace the Dollar as a Global Currency
dailyfriend.co.za May 10, 2026 The Chinese renminbi is unlikely to become globally dominant OPINIONS – LISTEN TO THIS On 29 April, outgoing Federal Reserve chairman Jerome Powell warned that political interference put at risk the central bank’s ability to pursue independent monetary policy, which he labeled as one of the reasons “why the US economy is the envy of the world”. Central bank independence, Powell continued, … Continue reading The Renminbi is Unlikely to Displace the Dollar as a Global Currency
Thomas Edison’s Winter Home in Fort Myers, Florida
https://www.youtube.com/watch?v=rPMXNw4vr7U If you’re an admirer of inventor Thomas Edison, you may have already visited his birthplace in Milan, Ohio, the significant sites in Port Huron and Greenfield Village, Michigan, and his home and factory in Orange, New Jersey. This video takes you to Seminole Lodge in Fort Myers, Florida where Edison and his wife Mina spent over 25 winters. Continue reading Thomas Edison’s Winter Home in Fort Myers, Florida
The USA Is Going Broke
DailyFriend.co.za. April 26, 2026 In the novel The Sun Also Rises, Ernest Hemingway’s character Mike Campbell is asked how he went bankrupt. He famously replies, “Two ways, slowly and then suddenly.” The United States today is in the “slowly” phase. Savvy economist and interest rate guru Jim Grant agrees that “The U.S. government is going broke but is not now broke.” In every year for two decades … Continue reading The USA Is Going Broke
Trump’s Iran War Could Portend Recession
The Daily Friend April 12, 2026 Even with the current ceasefire, does the US and Israel war against Iran portend recession? Since US President Donald Trump and Israel’s Prime Minister Benjamin Netanyahu launched their war on 28 February, US stocks tumbled to a six-month low, interest rates rose and gasoline prices are up by $1.00 a gallon. With only a trickle of oil and gas … Continue reading Trump’s Iran War Could Portend Recession
Barry D. Wood 