Gold Archives - Page 3 of 22 - Rethinking the Dollar

Bill Introduced in Congress to Repeal Capital Gains Taxes on Gold and Silver

Apr 1, 2021 | Gold, Silver

A bill introduced in Congress would repeal capital gains taxes on gold and silver. Alex Mooney (R-WV) introduced HR2284. Titled the Monetary Metals Tax Neutrality Act, the legislation would eliminate capital gains, losses and all other federal income calculations on...

Russian National Wealth Fund Turning to Gold, Dumping Dollars

Mar 29, 2021 | Gold

The Russian Finance Ministry has given the green light for the Russian National Wealth fund to diversify and invest in gold and other precious metals. According to a report by RT, this is part of a broader move to de-dollarize the wealth fund. The National Wealth...

Idaho House Votes to Encourage Holding Physical Gold and Silver to Protect State Reserves

Feb 12, 2021 | Gold, Silver

Boise, Idaho (February 12, 2021) — The Idaho State House today overwhelmingly approved a bill which enables the State Treasurer to protect state reserve funds from inflation and financial risk by holding physical gold and silver. State representatives voted...

Russia Holds More Gold Than Dollars for First Time in History

Jan 12, 2021 | Economic Collapse, Gold

For the first time ever, Russia holds more gold than US dollars. According to a Central Bank of Russia report published this week and analyzed by Bloomberg, gold made up 23% of the Central Bank of Russia’s reserves as of the end of June. The bank’s share of dollar...

Gold climbs 1.5% on U.S. stimulus bets, dipping dollar

Dec 17, 2020 | Gold

Gold prices rose over 1% to a one-month peak on Thursday as the dollar spiralled lower on hopes of more coronavirus relief aid and the U.S. Federal Reserve’s pledge to funnel more cash and keep interest rates pinned low.

This Central Bank Introduces Parallel Currency: Gold

Dec 8, 2020 | 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...