Category : Change of Money
The Gold Reserves of the National Bank of Kazakhstan reach 321 Tons
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 Increases Gold reserves to Record Levels
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.
Platinum is Trading at its Lowest Level in 14 years
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.
Switzerland Chooses Physical Gold over Paper Gold
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.
Governments and Investors take Refuge in Physical Gold
Governments and Investors choose to invest in Physical Gold ; Russia achieves its goal: OPEC agrees to increase oil production ; Greece benefits from "historic" debt relief agreement.
Russian Government takes refuge in Physical Gold
Russia is investing in gold after getting rid of its US Treasury bonds ; A South Korean exchange of crypto-currencies has been hacked for 30 million dollars ; The EU taxes US imports at 25%.
The Yuan as Africa's New Reserve Currency
The African Leaders will debate on the integration of the yuan as a Reserve Currency ; the growth of the bitcoin in 2017 is due to the manipulation of the Market ; thanks to the U.S, Russia and China increase their gold Reserves at lower cost.
Countries Repatriate their Gold from American Safes
Countries extract their Gold from American Vaults ; Venezuelan hyperinflation Reaches New Record ; Sino-Russian giant pipeline of 3000 km will be operational for 2019.
Bitcoin Drops 10%
The South Korean stock exchange has been hacked which has led to a loss in value of the crypto currency which is now trading around $6647.
The Yuan is On Track to Become a Global Currency
The Chinese government makes large efforts to boost his currency as a global currency. After the repression of capital outflows and the devaluation in 2015, the renminbi is growing again.