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 […]
Tag Archives: central banks
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 […]
26
Sep
Sep
Last week the US Federal Reserve announced that it will finally begin shrinking its $4.5 trillion balance sheet. So what impact will the Federal Reserve balance sheet reduction have? We’ve taken note of a few opinions lately and have collated them below for you. What is the Federal Reserve Balance Sheet and How Did […]
28
Aug
Aug
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 […]
02
Aug
Aug
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 […]
19
Jul
Jul
Visa Ups the War on Cash Following on from last weeks report on the expanding war on cash down under, the latest news is that credit card processor Visa and other payment networks want to abolish cash and cheques that compete with their credit and debit cards. In the USA, the card companies are offering thousands […]
