The New Zealand central bank is requiring New Zealand Banks to increase the amount of capital they hold. Why would they want to do this? Does the Reserve Bank of New Zealand (RBNZ) see some troubles looming on the horizon? Read on to find out… IMF’s Dire Warning on Global Economy In the Herald in […]
Tag Archives: central banks
In September 2017 the US Federal Reserve announced that it would finally begin shrinking its $4.5 trillion balance sheet. So how has the Federal Reserve balance sheet reduction affected asset prices since then? How has the Fed stance on its balance sheet changed so far in 2019? What will happen next? Firstly, What is the […]
Greg Canavan wrote last week in his excellent Rum Rebellion eletter that the Reserve Bank of Australia is destroying the Aussie economy. It prompted us to have a think about how this compares to the New Zealand economy and ask a similar question: “Is the RBNZ destroying the New Zealand economy too?” Here is what […]
Just over 5 years ago John Butler gave an excellent talk in Auckland which we were fortunate to attend entitled “Remonetisation of gold is inevitable”. Butler outlined why we may have a full return to gold backed money. He believed a remonetisation of gold would be the ultimate response to the current situation. Where policy […]
See why Russia slashed its US treasury holdings by 84% in the past 2 months. While increasing its central bank gold reserves yet again. Russian Slashes Its US Treasury Bond Holdings The central Bank of Russia’s holdings of US Treasury Bonds fell $81.2 billion during April and May to a total of just $14.9 […]
There is a push to stop commercial banks issuing money and reserve this role for central banks to be the sole issuer of currency. What’s the problem with this idea? This year we’ve covered extensively how the Reserve Bank of New Zealand (RBNZ) has been looking into the pros and cons of creating its […]
GATA’s Chris Powell this week highlighted a reprint of an analysis by Jim Rickards in his latest Gold Speculator letter. Rickards argues: “…that the great “global monetary reset” often speculated about is already underway, as indicated by the recent close correlation between the gold price and the International Monetary Fund’s super-currency, the Special Drawing Right, […]
The RBNZ today released another article on digital currencies, this time looking at the pros and cons of a central bank issuing a digital currency. The article focuses on how a public digital currency might affect four key central bank functions: Currency distribution Payments Monetary stability Financial stability The article makes 6 assumptions in looking […]
Many times in the past we’ve discussed the concept of becoming you own central bank or going on your own personal gold standard. Today Jim Rickards discusses this idea in depth. He shows you how to go on your own personal gold standard, even if the world never returns to one. Given the New Zealand Central […]
See why Trump’s nomination to be added to the US Federal Reserve board is likely to increase the velocity of money in the USA (and therefore globally), and why this will likely have a significant impact on gold and even more so on gold mining stocks… Gold Stocks Meet Mr. America By Stewart Thomson […]