Central banks

“Gold is like a canary in the coal mine. It signals problems with respect to currency markets”. It doesn’t signal problems just with the US dollar but with the whole international monetary system based on fiat.

Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders, the Austrian National Bank (OeNB) said on Friday.

In a decision based on the expectation of a new banking or financial crisis, the Federal Reserve on Monday chose to end the doctrine of 'too big to fail', and allow banks to succumb to bankruptcy without the ability to borrow money from the central bank in case of an emergency.

The International Monetary Fund (IMF) agreed Monday to add the Chinese yuan, or renminbi, to its reserve currency basket.

Exclusive interview with Gordon T Long on financial repression, currency wars, gold and the Dollar

Is there an alternative to the dollar? The world existed before the British pound and before the US dollar, and it has survived the British pound and will survive also the US dollar when it collapses.

It seems that a bull fed on paper money has eternal life. Whatever the news is, stock markets worldwide react positively. It takes a long time to kill off a secular bull even if it has the wrong diet. Central banks have no policy This last week stock markets surged on the news more QE is like...

China likely added about 14 tonnes of gold to its reserves in October, according to Reuters calculations from central bank data on Saturday.

Thanks to the latest NY Fed data released yesterday, we now know that beginning in 2014 and continuing through yesterday, the gold "bleeding" from the vault located 90 feet below street level at 33 Liberty Street is not only continuing but accelerating.

Everyone must now be made aware that if a bank goes bankrupt, it will have the legal right to bail itself out by taking money out of your account, whether it’s in France or, very soon, in all European countries.