Perth Mint Being Investigated for Money Laundering
Auditors say the mint failed its due-diligence on Euro-Pacific customers and suggests the refiner sold or is holding precious metals of “tax cheats, kleptocrats and foreign criminals”.
gold bullion
Transitioning to Gold Backed Digital Currencies for Trade Settlements
The global economy is shifting back towards some form of a gold standard while the Federal Reserve is piloting various CBDC projects, new legislation introduced in Congress to block the Fed from issuing individual accounts
Gold’s Return to the Economy
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.
Tokenizing Gold Bullion Bars with Blockchain Technology
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
NY Federal reserve launches CBDC “trial” on the heels of FTX collapse
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
BRICS: A New Global Gold Standard
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
Moscow World Standard Driven by Corruption in the LBMA
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
Zimbabwe to Issue Gold Coins in New Weight and Currency Denominations
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
JP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme
The Justice Department’s multi-year investigation has resulted in the convictions of two key leaders from the Precious Metals Trading Desk at JP Morgan Chase in a long running manipulation scheme. A jury convicted the two defendants, Michael Nowak and Gregg Smith, of wire fraud, attempted price manipulation, commodities fraud, and price spoofing involving a scheme … Read moreJP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme
2022 Chinese Panda Coin Now Available in Silver & Gold
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