Jan Nieuwenhuijs
Jan's first career was in the Dutch movie industry as a sound engineer. In 2014 he decided to switch jobs and started researching gold. At first he mainly wrote about the Chinese gold market, for which he gained global recognition. Subsequently, he also began analyzing other parts of the gold market, such as the COMEX futures market, the London Bullion Market, and the Turkish gold market. In addition he has expanded his field of research to macro economics. Currently, he writes about the international monetary system, central bank gold policies, the mechanics of the global gold market, the gold price and economics in general. When he’s not researching economics Jan likes to play various sports, read books, meditate, and watch documentaries.
Jan Nieuwenhuijs Articles
Because central banks are the root of the modern money tree, they can use entries in their gold revaluation accounts to turn into capital, pay for expenses, or transfer it to their respective Treasuries. In addition, gold revaluation...
The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system.
Despite the gold price declining for several months, its performance is extremely strong considering sharply rising real interest rates. To measure gold’s performance against real rates (TIPS yield) I’m introducing the “Gold Price–TIPS...
My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965. The new high confirms the world has entered a new era of gold. Central banks will continue to accumulate gold and the...
My estimate for China’s official gold reserves reached 5,029 ton by the end of June 2023. In the first six months of 2023 the Chinese central bank bought an estimated 353 tonnes. Although demand in H1 2023 was down 34% from H2 2022, demand...
An important change has unfolded in the global gold market. The East has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the West’s long standing pricing power.
At a press conference early 2023, member of the Executive Board of the German central bank Joachim Wuermeling made clear that the soundness of the central bank’s balance sheet, in light of general losses, is guaranteed by the bank’s gold...
By obstructing gold import and export the People’s Bank of China (PBoC) greatly amplifies the gold premium or discount on the Shanghai Gold Exchange (SGE) relative to metal traded in London.
Aside from speculation there hasn’t been official confirmation by any BRICS nations that they will either issue a new currency backed by gold or peg their currencies to gold anytime soon.
The US dollar price of gold has been declining in the past two months, though it continues to show significant strength against the 10-year TIPS yield, to which it was tightly correlated from 2006 until 2021. Gold’s performance since early...
