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Why Gold Matters to Today’s Banks

June 21, 2019

There are those who believe that gold no longer matters to today’s banks, but they would be mistaken. In fact, the central banks still hold the largest above-ground stockpile of gold bars, estimated at about 33,800 tons of gold. Several central banks claim to be the world’s top holders of gold bullion, holding thousands of tons each. However, the central banks rarely, if ever, divulge exactly how much gold they lend, swap or use as collateral, which means that one cannot be certain exactly how much gold they currently hold. The worldwide central bank group (the official sector) includes central... View Article

The Chinese Trade War: How Can We Expect It to Affect Stocks and Businesses in 2019?

June 7, 2019

A recent report by UBS indicates the trade war that has been accelerating between the United States and China could have significant impacts on a variety of industries, resulting in price increases on toys, clothing and much more. There are also concerns it could lead to widespread store closures. The study from the investment bank indicated that tariffs placed by the Trump administration on Chinese imports could jeopardize about $40 billion worth of sales, and could put about 12,000 stores at risk of closure during the course of the year. The tariffs are devastating for brick and mortar stores, which... View Article

What Should I Invest in, in Light of the National Debt Crisis?

May 22, 2019

It’s no secret that the U.S. government’s national debt crisis is becoming an increasingly significant problem. Each year, Congress must vote to raise the threshold of the debt ceiling, further debilitating the nation’s credit rating and its ability to borrow in the future. The specter of the national debt is leading some to speculate that large-scale currency collapse could be imminent. If you’re not concerned about the impact that the government’s indebtedness could have on your daily life, you should be. Smart investors are identifying safer investment vehicles, free from the confines of the national financial system. If you want... View Article

Is a Return to the Gold Standard Imminent?

May 8, 2019

Ongoing changes to monetary policy governance are leading some to speculate that President Donald Trump is leading the United States toward a return to the gold standard. With two open seats on the Federal Reserve Board of Governors—to which he has attempted to appoint Herman Cain and Stephen Moore—President Trump has the opportunity to make a long-term, lasting impact on the nation’s monetary policy. Additionally, the adoption of Basel III, a new voluntary regulatory framework for banks, is allowing banks to purchase gold with limited risk. Basel III imposed more stringent capital requirements for financial institutions. All of these signs... View Article

What Is Happening at the End of March, and What Does It Mean for Gold?

March 29, 2019

Many people around the world are speculating about the future of gold right now. Why is there this sudden surge of hopefulness that gold will have a great year? It all has to do with the implementation of the Basel III requirements, which are slated to go into effect at the end of March 2019. If you’ve been following the news, you might want to work with a gold dealer to make sure you get your hands on some precious metals while prices are lower. Read on to find out why! Why Is March Important? As mentioned above, the regulatory... View Article