This Central Bank Introduces Parallel Currency: Gold

This Central Bank Introduces Parallel Currency: Gold

The central bank aims to stimulate gold to be used as a store of value, as well as promote the circulation of gold… Since November 2020, the central bank of Uzbekistan (CBU) issues sealed gold bars with a QR-code for real time verification. With these new bars CBU...
THE NIGHTMARE SCENARIO FOR THE WORLD

THE NIGHTMARE SCENARIO FOR THE WORLD

“Gold has no role in portfolio of wealthy clients” said the chief investment officer of Goldman Sachs’ private wealth management in the week that gold in US dollars went up by over $100 and made a new high of $1,984. Many found this statement puzzling as another...
All Roads Lead to Gold in a Credit Implosion

All Roads Lead to Gold in a Credit Implosion

Financial writer and precious metals expert Bill Holter says, “Gold is like a tractor in first gear pulling up a hill,” as it touches all-time highs once again.  Holter thinks the “gold tractor” is going to be shifting up a few gears in the not-so-distant future. ...