Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching ...
The U.S. federal government officially holds 8,133 metric tons of gold. What’s striking, however, is that since 1973, it has ...
cost-effective currency production, gold processing operations, and commemorative coin production.” The MOU will focus on both BSP and the Ottawa-based RCM’s collaboration on technology exchange, ...
to affect exchange rates in currency exchange markets, and to use for other, related purposes. These other assets can include: Gold Special drawing rights (SDRs) Reserve positions in the IMF ...
On the positive side, gold has formed an ascending triangle pattern, a popular bullish sign. Gold sits above the 50-day and 25-day moving averages, while the Relative Strength Index (RSI ...
(Image: freepik) “Bitcoin is a better form of money. It has the decentralization and scarcity of gold, but better divisibility, portability, and (i think) even fungibility. It’s relatively ...
If you look at a chart of a financial instrument and it doesn’t suggest a trend, then perhaps – and most likely – it doesn’t have one. Markets only trend when they are imperfect or at a ...
The pound was flat against the euro (GBPEUR=X) on Monday morning, trading at €1.1879. Gold prices retreated on Monday morning, coming under pressure as the dollar strengthened. The spot price ...
SPDR Gold Trust: Holdings fell by 0.47%, from 864.19 metric tons on Thursday to 860.17 tons on Friday. COMEX Speculators : Increased net long positions by 21,864 contracts, reaching 234,358 in the ...
The Anti-Corruption Commission yesterday found assets, including 1.05kg gold, in a locker at Bangladesh Bank, belonging to former deputy governor SK Sur Chowdhury. The assets also include $1 ...
Specie is defined as “a precious metal that is limited to gold and silver and that is stamped into coins of uniform shape, size, design, content and purity that are suitable for or customarily used as ...
JON VANKIN is a journalist and writer. He is the author of five nonfiction books and nine graphic novels. His writing has appeared in The New York Times Magazine, Salon, the L.A. Weekly and dozens ...
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