Some see the rise in demand by central banks buying gold as a signal that countries that have been bullied by Western economic policies as being eager for an alternative system that will create a more equitable system and fairer monetary standard.
Public trust in government central banks and global banks continues to erode as the world economy staggers to recover from issues caused by the pandemic response. Many central banks have begun working on CBDC projects as a means of implementing programmable and controllable currencies even though popular opinion opposes the implementation of the G7, WEF … Read moreTokenizing Gold Bullion Bars with Blockchain Technology
Several weeks ago, the New York Federal Reserve quietly launched a 12 week long trial of a CBDC “digital dollar” pilot program in partnership with global banking giants like Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co. The NYFR describes the project as an attempt to test the feasibility of using … Read moreNY Federal reserve launches CBDC “trial” on the heels of FTX collapse
Gold has been an instrumental component of the economy since before the American Revolution. Our founding fathers had the forethought to include gold and silver coins in the Constitution. A metallic standard was a central foundation for the economy in the United States based on gold and silver coins. The US Mint was established on … Read moreBRICS: A New Global Gold Standard
Gold reserves are a key component of central banking and are pivotal to the backing of and supporting a country’s currency, both for its domestic economy and foreign trade. For decades, Russia has been increasing their gold reserves and central bank holdings. The reported amounts of gold held in reserves have varied depending on the … Read moreMoscow World Standard Driven by Corruption in the LBMA
Earlier this year the government of Zimbabwe released a one troy ounce gold coin as a tool for the Central Bank to help keep inflation under control. For many years the Zimbabwe economy has not only been the butt of many jokes, it has served as a very public example of how rampant and out … Read moreZimbabwe to Issue Gold Coins in New Weight and Currency Denominations
A multi-year investigation by the Justice Department has resulted in the convictions of two key leaders from the Precious Metals Trading Desk at JP Morgan Chase. The two defendants, Michael Nowak and Gregg Smith were convicted by jury of wire fraud, attempted price manipulation, commodities fraud, and price spoofing involving a scheme that spanned for … Read moreJP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme
A new design of The Chinese Panda coin is released annually. The Panda Bullion Coin represents China in the global bullion market. The Chinese Panda coin has been minted by The People’s Bank of China, since 1982. The design of the reverse changes annually as is adorned by depictions of the Panda Bear, a national … Read more2022 Chinese Panda Coin Now Available in Silver & Gold
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a small commission. More information about our affiliate programs can be found here. eBay announced a new Bucks promotion that began today. With this promotion you can earn up to 13% eBay Bucks rewards … Read moreeBay Bucks up to 13% Bonus 6/11 – 6/13 | eBay Bucks Silver & Gold Deals
Investors are always look for the best price on gold coins and bars, preferably at spot. Understandably, everyone wants to pay the lowest price possible when buying precious metals. The lower the price, the higher the potential return on your investment. There are a variety of online dealers that offer gold at spot price deals … Read moreHow To Buy Gold at Spot Price