Banks

King Solomon and 666 Gold

Published by Egon Von Greyerz | Sep 15, 2019 | 69770

666 talents of gold is 22 tonnes which today is worth over $1 billion. This was the amount of gold that King Solomon received in payments and gifts. Thus 666 is a very important figure in the bible for precious metals investors rather than the inference that some think about.

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ECB Cuts Its Deposit Rate, Launches New QE

Published by Goldbroker ™ | Sep 12, 2019 | 4327

The ECB said it would cut its key interest rate by 0.1 percentage point, to minus 0.5%, and buy €20 billion ($22 billion) a month of eurozone debt starting in November, relaunching a so-called quantitative easing program that it only phased out in December.

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Changes Coming to Russia’s Gold Market

Published by Goldbroker ™ | Aug 26, 2019 | 9429

This year is highly likely to be a year of changes for the investment gold market in Russia: the Ministry of Finance will assess the feasibility of VAT exemption on investment gold, the State Duma will consider a bill to allow citizens to purchase precious metals in individual investment accounts, a...

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