The precious metals futures markets launched shortly after Richard Nixon closed the gold window and removed the last vestige of gold backing from the Federal Reserve Note. Officials introduced paper gold and silver contracts specifically...
The first half of 2021 did not play out as hoped by precious metals investors. Despite the effort to “squeeze” the bullion banks, silver has yet to push through the $30 barrier, and gold remains below the high put in nearly a year ago.
The General Manager for the Bank of International Settlements – the central bank of central bankers – is planning for “absolute control” of the money we all spend.
Gold-bugs are speculating about the impact of Basel III regulations set to take effect next month. European banks, minus those in the all-important London markets will soon be subject to Net Stable Funding requirements.
Alasdair MacLeod, the Head of Research at Goldmoney, wonders if we may soon see “the end of paper gold and silver markets.” The Bank of International Settlements (BIS) developed Basel III regulations, purportedly to prevent another 2008-...
William Watts with MarketWatch sees the “biggest Inflation scare in 40 years” on its way. He expects massive amounts of stimulus coupled with a boom associated with easing COVID restrictions to generate a surge in prices like the nation...
The Fed’s Open Markets Committee met last week and left policy unchanged – at least for the moment. No one expected central banking officials to make rate adjustments last week with equity prices rubbing up against all-time highs and the...
Last year felt like a pivot point in U.S. history. The pandemic and election left the nation ideologically divided. There seem to be only three resolutions going forward.
The world’s largest gold exchange traded fund (ETF) seems to be having a lot of trouble when it comes to accounting. The SPDR Gold Trust (GLD) recently appointed its 6th chief financial officer since 2014. And the problem of finding and...
Americans may start the New Year without certainty as to who will be sworn in as president on Inauguration Day. President Donald Trump and his supporters can’t find courts willing to consider their evidence of widespread voter fraud. Trump...