Chris Powell Archives - Rethinking the Dollar

Basel III’s Gold Rules Start Monday But Don’t Expect Anything

Jun 26, 2021 | Economic Collapse

Many people involved with the monetary metals may be eagerly awaiting Monday, when the “Basel 3” regulations on unallocated gold held by bullion banks take effect in the European Union, supposedly making the unallocated business prohibitively expensive. Of course...

Powell Painted Into A Corner, Again

Feb 27, 2020 | Finance

Back in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020. If anything, this isn’t complicated. As last year began, the...