RBI buys Gold for the First Time in Ten Years; China Sanctioned once again by Donald Trump ; CFTC Sentences BNP to Pay $90 Millions Fine
You may have heard that Turkey is in a bad financial position. Indeed, the US president threatened to block the importations of Turkish products.
The Gold Reserves of the National Bank of Kazakhstan hit 321 Tons; Washington Confirms New Tariffs on 16 Billion Dollars on Chinese Imports; Beijing Responds with 25% Tariffs Worth $ 16 billion on American Products.
Russia raises its Gold reserves to New Highs; Venezuela Will Reach an Inflation of 1,000,000%; U.S: Quarterly GDP Growth of 4.1%, the Highest in 4 years.
Venezuela chooses to Refine Gold in Turkey because of the American Sanctions; The Yuan is once again in Free Fall; Russia sells its US Treasury Bonds.
Deutsche Bank flunked the FED stress test; Indonesia has extended Freeport McMoRan's operating license for the large Grasberg gold mine; American oil has reached $75 a barrel.
Platinum trades at its lowest level in 14 years a godsend for investors ; Major chinese banks support the yuan by getting rid of the US dollar; Gazprom affirms its leading position in Europe.
Europe looms to tax the U.S. to the tune of $300 billion ; Russia gets 65 billion USD following OPEC oil production cuts; J.RICKARD'S said that the dollar is a source of instability.
Switzerland prefers Physical Gold over Paper Gold ; Consumers prices rose with inflation reaching 2% for the first time in six years in the United States ; Russia lodged a complaint with the WTO against US customs duties.
Indian government refuses to submit to the United States and still continues to buy Iranian oil; Bitcoin keeps falling below $ 6000; Russia Turkey and China continue to accumulate Physical Gold.