Category : Change of Money
Central Banks' Gold Demand Hits its Highest Level in 3 Years
Emerging markets are increasingly turning to gold purchases, while reserve currencies such as the U.S. dollar are facing significant challenges.
RBI Purchases Gold for the First Time in 10 Years
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
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.