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 […]
Tag Archives: central banks
03
Jul
Jul
How safe are your bank deposits? Does New Zealand have a bank deposit insurance scheme? Or is there a government bank deposit guarantee? The short answer is no. New Zealand doesn’t currently have a bank deposit protection scheme. However this may be about to change. The Labour/New Zealand First government announced a plan on 24 […]
01
Jul
Jul
The New Zealand central bank is aiming to increase the amount of capital New Zealand Banks must 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 […]
07
May
May
Back in 2011 we were reading a Zero Hedge article with the rather long headline: “Futures Plunge As Fed Discloses New Stress Test: Fears US Banks Will Need To Raise Tens Of Billions In New Capital”. This article outlined how the US Federal Reserve was intending to stress test 6 large US banks against a […]
16
Apr
Apr
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 […]
11
Dec
Dec
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 […]
06
Nov
Nov
Interesting to see a mainstream news organisation in Australia reporting on the state of the Reserve Bank of Australia's gold reserves. The Wentworth Report's David Evan summarised and commented on an article published by "The Australian". First check out David's thoughts. After that we also share some disturbing information the one and only audit of Australia's [...]
07
Aug
Aug
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 […]
10
Jul
Jul
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 […]
04
Jul
Jul
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, […]
