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? What impact will the ongoing balance sheet reduction now have? Firstly, What is the Federal Reserve Balance Sheet and How Did it […]
Tag Archives: central banks
19
Dec
Dec
This week we have been wondering does the Reserve Bank of New Zealand (RBNZ) see some troubles looming on the horizon? What caused us to ponder this? There are undoubtedly plenty of risks to be concerned about. IMF’s Dire Warning on Global Economy In the Herald Liam Dann reported on a speech this week […]
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, […]
27
Jun
Jun
Last week we reported on a bulletin from the Reserve Bank of New Zealand. It discussed how a digital currency could be issued by a central bank and what the pros and cons of this would be. See: RBNZ on Central Bank Digital Currency and Negative Interest Rates Yesterday the Reserve Bank Deputy Governor Geoff […]
19
Jun
Jun
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 […]
06
Jun
Jun
Why You Should Become Your Own Central Bank – Even if Your Nation’s Central Bank Has Gold Reserves Why should you become your own central bank? Does it depend on how much gold your own nations central bank holds? You’ll discover the answer in this article along with other ways to mimic central banks in […]
