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Central Banks

Brazil Quietly Shifts Away from the Dollar to Gold

The Banco Central do Brasil has raised gold’s share of reserves from 3.55% to 7.19% in just one year, effectively doubling its exposure and making gold the...

Digital Currency and the End of Financial Privacy

The push toward digital currency is being framed as innovation and efficiency, but when you strip away the marketing language, what is unfolding is a structural...

France Moves Its Gold Home as the Sovereign Debt Crisis Quietly Unfolds

The Bank of France has just completed a major restructuring of its gold reserves, selling 129 tonnes of gold previously stored at the Federal Reserve Bank of New...

Russia Selling Gold to Fund War Proves Gold Is the Asset of Last Resort

  Russia is doing the opposite of many other central banks by selling gold, yet this behavior actually reinforces the fundamental role gold plays within the...

China Expands Digital Yuan

China has just taken another decisive step toward the future of money, and once again, the West is pretending this is simply about “payment efficiency.” The...

The Gilt Market Is Cracking 

What is unfolding in the UK bond market right now is not about inflation alone, and it is not simply about interest rates. This is the type of move that signals a...

Powell Concerned Over Central Bank Indepedence

Jerome Powell came out to defend the integrity and sovereignty of the Federal Reserve. “The point of independence is not to protect policymakers or anything like...

Trump Using Criminal Law to Intimidate the Federal Reserve?

The Department of Justice has opened a CRIMINAL investigation against Chairman Powell of the Federal Reserve. I have totally disagreed with trump on interest rates...

Italy Declares Central Bank Held Gold an Asset of the People

European Central Bank President Christine Lagarde steps in every time a government attempts to implement monetary policy. The centralized power now has the final...

The 400 Billion Yuan-Won Swap

The Bank of Korea (BOK) has renewed its bilateral swap agreement with the People’s Bank of China (PBOC) amid strengthened ties between Seoul and Beijing. Chinese...