Tag Archives: gold

“Russia’s Gold Reserves Continue Setting Records Amid De-Dollarization Drive”

“Last week, acting Foreign Minister Sergei Lavrov confirmed that Russia’s economic policy includes the “gradual de-dollarization of the economy” amid what he said was an “increasingly aggressive use of financial sanctions by the US administration” and Washington’s “outright abuse” of … Continue reading

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“Central banks worldwide buying up massive amounts of gold in a shift away from US dollar – Goldman Sachs”

“Gold prices will climb to $1,600 per ounce over the next year, Wall Street bank Goldman Sachs projects. It says that central banks are consuming a fifth of the global supply of the yellow metal. “De-dollarization in central banks – … Continue reading

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“Illegal gold flowing through Miami is a ‘direct threat’ to U.S. national security, Rubio says”

“At a U.S. Senate subcommittee hearing Thursday, Sen. Marco Rubio called illegal gold mining in Latin America a “direct threat” to U.S. national security that has become “far more lucrative than drug trafficking” — and noted that billions of dollars … Continue reading

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Trade War: China adds over 100 tons of gold to it’s supply

“The People’s Bank of China raised bullion reserves to 62.64 million ounces (1,957 tons) last month from 62.45 million (1,951 tons) in August, bringing this year’s gold haul to over 100 tons… “Given strained relations with the US, China needs … Continue reading

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“13.5 TONS of gold found piled in Chinese ex-governor’s home”

“One Chinese official has some serious explaining to do after investigators came across mounds of gold in his house in Haikou City, Hainan province. Zhang Qi, a member of provincial and municipal party committees, was reportedly undergoing a disciplinary review and being investigated … Continue reading

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“JP Morgan traders accused of manipulating price of gold, silver for a DECADE…”

“Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according to the US Justice Department, which appears to be signaling a crackdown. Current and former JP Morgan precious metals traders … Continue reading

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“Is China Hoarding Food, Gold And Other Commodities In Anticipation Of A Global Collapse?”

“…and it appears that they have decided that now is the time to hoard food, gold and other commodities.  Of course in recent days the fact that China is completely cutting off U.S. agricultural imports has made headlines all over … Continue reading

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