Today’s top gold news and opinion

2/16/2024

Data breach affects 57,000 Bank of America accounts (American Banker)
TA data breach at Infosys McCamish, a financial software provider, compromised the name, address, date of birth, Social Security number, and other account information of 57,028 deferred compensation customers whose accounts were serviced by Bank of America.

Xi Jinping will make the West pay for China’s economic collapse (Telegraph)
It used to be said that when America sneezes, the rest of the world catches a cold. The same might now be true of Beijing…

Gold ETFs See $2.4 Billion in Outflows While Bitcoin ETFs Thrive (Crypto News)
Some speculate that the outflows from gold ETFs are not necessarily flowing directly into Bitcoin ETFs, but rather into US equities driven by the fear of missing out (FOMO).