The Nilar: A Pan-African Gold Currency
A common African gold currency is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.
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A common African gold currency is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.
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Russia proposes a new international standard for trading in precious metals: the Moscow World Standard (MWS) which will become an alternative to the London Bullion Market Association (LBMA) which systematically manipulates precious metals markets to depress prices. According to Russia’s Finance M...
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After a three-week trial and more than eight days of deliberations, Michael Nowak and Gregg Smith were found guilty Wednesday by a federal jury, convicted in Chicago on charges they manipulated precious-metal markets for years.
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History shows that gold often outperforms U.S. stocks and the dollar following interest rate hikes, after underperforming in the lead-up to rate hikes. Additionally, high inflation is eroding the purchasing power of each dollar, incentivizing investment in a tangible asset like gold and other har...
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Today, we believe America’s dollar hegemony has ended with new challenges in this inflationary era. For one thing threats of higher inflation, the protracted war, central bank purchases and a commodity supercycle provide a solid underpinning to gold. Gold is simply a hedge against the growing unc...
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In May, central banks reported adding a net 35t to global gold reserves. This is the second consecutive month of net buying, having recently oscillated between monthly net purchases and sales.
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On Sunday the Biden admin alongside the G-7 announced that they will ban Russian gold imports to "further impose financial costs on Moscow for its invasion of Ukraine."
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Much like the 1940s, many developed market central banks are trapped. They can’t raise interest rates persistently higher than the prevailing inflation rate, and instead are stuck with slowly moving interest rates up, jawboning forward guidance, yield curve control, and trying to inflate some of...
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Monetary policies are often analyzed in terms of their impacts or correlations with macroeconomic indicators, such as GDP, unemployment or the balance of payments. They are more rarely analyzed according to the consequences they generate at the individual level.
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Looking ahead, gold might attract further interest as a diversifier as central banks seek to reduce exposure to risk amid heightened uncertainty. Our expectation stands for central banks to remain net purchasers for 2022.
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This graphic charts 200 years of the gold-to-silver ratio, plotting the pivotal historical events that have shaped its peaks and valleys.
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Bank of Russia Governor Elvira Nabiullina dismissed the idea of pegging the ruble to gold after the Kremlin said it was a proposal under consideration.
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During a recent panel discussion hosted by CNBC, IMF Director Kristalina Georgieva conceded that central banks globally “printed too much money and didn’t think of unintended consequences.”
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Silver demand will climb to a record level this year thanks to increasing use of solar panels as governments boost renewable energy to meet climate goals, setting the stage for years of supply deficits, an industry report said on Wednesday.
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Russia's central bank said that due to a "significant change in market conditions" it would buy gold from commercial banks at a negotiated price from April 8.
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GoldBroker launches the publication of a monthly bulletin reserved exclusively for clients. Written by precious metals analyst Laurent Maurel, this bulletin will review the latest key developments in the gold and silver market. The aim of our new bulletin is to promote the understanding of the...
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The Russian central bank will restart buying gold from banks and will pay a fixed price of 5,000 roubles ($52) per gramme between March 28 and June 30, the bank said on Friday.
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GoldBroker.com has a new look! After several months of development, we are happy to unveil the redesign of our visual identity and website.
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Stig Brodersen brings back one of our most popular guests, investment expert Lyn Alden. Together, they explore the role of gold and commodities investing in a period of inflation.
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Russia's central bank on Sunday said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to try and ensure financial stability during Western sanctions against Moscow for its invasion of Ukraine.
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