This Central Bank Introduces Parallel Currency: Gold

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...
Who Drives The Bus? UK Gold Import 996t In 2019

Who Drives The Bus? UK Gold Import 996t In 2019

Feb 20, 2020 | Gold

The UK net imported 996 tonnes in 2019, according to data published by Eurostat. Contrary to what investors often assume, the price of gold is not determined by consumer demand such as jewelry or coins. What drives the gold price is institutional (supply and)...
Hitting Zero: 700 Years Of Declining Global Real Interest Rates

Hitting Zero: 700 Years Of Declining Global Real Interest Rates

Feb 4, 2020 | News

A recent study by Yale economist Paul Schmelzing suggests that global real interest rates “could soon enter permanently negative territory.” In Mesopotamia around the third millennium B.C. there were two types of money circulating: barley and silver. The interest rate...