Maryann Gebauer Channel

US government releases official updated statement defining sex 🔵👚


SEX is a person’s immutable biological classification as either male or female.

FEMALE is a person of the sex characterized by a reproductive system with the biological function of producing eggs (ova).

MALE is a person of the sex characterized by a reproductive system with the biological function of producing sperm.

"There are only two sexes, female and male, because there are only two types of gametes. An individual human is either female or male based on whether the person is of the sex characterized by a reproductive system with the biological function of producing eggs (ova) or sperm.

"The sex of a human, female or male, is determined genetically at conception (fertilization), and is observable before birth. Having the biological function to produce eggs or sperm does not require that eggs or sperm are ever produced. Some females or males may not or may no longer produce eggs or sperm due to factors such as age, congenital disorders or other developmental conditions, injury, or medical conditions that cause infertility.

"A person’s sex is unchangeable and determined by objective biology. The use of hormones or surgical interventions do not change a person’s sex because such actions do not change the type of gamete that the person’s reproductive system has the biological function to produce. Rare disorders of sexual development do not constitute a third sex because these disorders do not lead to the production of a third gamete. That is, the reproductive system of a person with such a disorder does not produce gametes other than eggs or sperm."

Today I received the first batch of the 450,000 pages of Teresa Tam's emails

“I submitted a request under the Access to Information Act and will be receiving all of her emails in batches of 1 month time periods for 19 months. The first one is from December 2019. I'm going to need help going through these. Originally I planned on crowd sourcing them for info, but AI has improved so much in the 3 years since I made the request that perhaps that can help process the PDFs and summarize them. Anyone out there have experience with AI and PDFs? Any other ideas on how best to approach this monumental task?”

Brett Sears

https://x.com/Bret_Sears/status/1893054736359731477

As of 2025, what is driving the sharp rise in physical gold demand?

CHINA:
Investment Demand: The Chinese government has implemented policy changes allowing ten Chinese insurers to purchase up to 1% of each company’s total assets in physical gold. This is expected to significantly boost local investment demand.
Consumer Demand: Demand for gold jewelry and investment products remains strong contributing to inventory shortages.

INDIA:
Jewelry Sector: Notable increase in gold jewelry demand. The country remains one of the largest consumers of gold globally.
Investment: Investors are increasingly turning to physical gold as a safe-haven asset amid economic and geopolitical uncertainties.

UNITED STATES:
Investment: Significant rise in the purchase of gold bars and coins, particularly among retail investors driven by concerns over inflation and economic instability.
Central Banks: U.S. Federal Reserve and other central banks continue to hold and increase their gold reserves as a hedge against financial risks.

EUROPE:
Investment: Particularly investors in Germany and Switzerland are showing a strong preference for physical gold driven by economic uncertainties and the search for safe-haven assets.
Central Banks: Several European central banks, including Germany and France, active in gold purchases to diversify their reserves.

MIDDLE EAST:
Wealth Management: Wealthy individuals and institutions are increasing their gold holdings as a hedge against geopolitical risks and economic volatility.
Jewelry: Strong cultural tradition of gold jewelry, which continues to drive demand in Saudi Arabia and the United Arab Emirates.

SOUTH KOREA:
Investor Interest: Sharp rise in the price of gold, driven by a "fear of missing out" and a shortage of physical gold. The Korea Minting and Security Printing Corp. has temporarily suspended sales of gold bars due to supply issues and high demand.

RUSSIA:
Central Bank Purchases: Significant buyer of gold, driven by its strategy to reduce dependence on the U.S. dollar and to diversify its foreign reserves.
Investor Demand: Turning to gold as a safe-haven asset, particularly amid geopolitical tensions and economic sanctions.

TURKEY:
Central Bank and Commercial Banks: Actively purchasing gold to strengthen their reserves and support the local currency.
Consumer Demand: There is a strong historical preference which has been further bolstered by economic uncertainties.

SOUTHEAST ASIA:
Thailand: Rise in gold demand, particularly in the jewelry sector, driven by economic growth and consumer confidence.
Vietnam: Gold demand is increasing, with both investment and jewelry purchases on the rise.
Indonesia: Experienced higher gold demand, with investors and consumers seeking safe-haven assets amid regional economic challenges.

LATIN AMERICA:
Brazil: Surge in gold demand, particularly in the form of bars and coins, as investors seek protection against inflation and economic volatility.
Mexico: Investors are also increasing their gold holdings, driven by economic uncertainties and the need for a safe-haven asset.
Peru: A significant gold producer, and seeing increased domestic demand, particularly in the investment sector.

⚠️ Physical gold under significant pressure


The physical gold demand is outpacing supply in multiple regions.

As of February 23, 2025, there is a significant physical gold shortage affecting various markets globally. The shortage is particularly evident in the London Bullion Market, where the Bank of England has announced that it will take 4 to 8 weeks to deliver gold currently awaiting delivery. This delay indicates a severe strain on the physical gold supply, as the market typically operates on immediate delivery for physical gold transactions.

In China, gold bar sales have maintained a strong pace, leading to inventory shortages for some sellers. The Chinese government has also implemented policy changes allowing ten Chinese insurers to purchase up to 1% of each company’s total assets in physical gold, which is expected to further increase local investment demand.

South Korea has also experienced a sharp rise in the price of gold, driven by a "fear of missing out" and a shortage of physical gold and a halt on sales currently.

⚠️The shortage of physical gold is exacerbated by the fact that 96% of the gold traded daily on the London and New York markets has no physical reality, being paper or electronic gold that cannot be delivered. This imbalance between paper and physical gold has led to concerns about the sustainability of the current market structure.

Note: This means that the vast majority of gold ETFs are NOT backed by physical gold. This recent bombshell is very revealing. I suspect that many will start to dump gold ETFs on London or New York and try to load up on physical gold. Gold prices are driven by supply and demand.

⚠️London Market Scrambles for Gold


On January 29, the FINANCIAL TIMES reported a growing gold shortage in the London market. The article highlighted that U.S. tariff concerns and arbitrage opportunities on COMEX have exacerbated supply constraints, causing withdrawal times at the Bank of England’s vaults to surge from a few days to between four and eight weeks. This shortage has left bullion bank members of the London Bullion Market Association (LBMA) struggling to borrow sufficient gold from central banks and to withdraw and transport gold to New York, where demand is surging due to the potential tariffs.
An anonymous gold sector executive told the Financial Times, “People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue. Liquidity in the London market has been diminished.”

⚠️South Korea halts gold sales


South Korea’s mint has temporarily suspended sales of gold bars due to supply issues and high demand. The Korea Minting and Security Printing Corp. announced that it is facing problems with sourcing supply and managing demand, and it will try to resume sales as soon as possible. This suspension adds to signs of widespread tightness across markets for physical precious metals.