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Thursday, October 29, 2020
top-slovak-party-leader-wants-country-to-bring-its-gold-home

Top Slovak Party Leader Wants Country to Bring Its Gold Home

National Bank of Slovakia holds 31.7 tons of gold valued at around $1.4 billion A top Slovak political party official said his country should bring its gold home because even its allies cannot be trusted with it.Ex-Premier Robert Fico chairs the biggest party in Slovakia. Last week, he called for a special parliamentary session on the country’s…
economy-would-function-“just-fine”-with-no-fed-–-professor

Economy Would Function “Just Fine” With No Fed – Professor

Expert blames central bank for stirring up economic chaos Do we even need the Federal Reserve?Whether on the political left, right, or in the middle, virtually everybody thinks we do. After all, without the Fed, we’ll have wild economic swings and crashes.Economist Edward Stringham disagrees. In this It’s Your Dime Interview, he talks about it…
central-banks-buying-more-gold

Central Banks Buying More Gold

Banks worldwide ripping themselves away from Fed’s dollar The central bank gold-buying spree shows no sign of letting up as countries seek to diversify their reserves away from the US dollar.Globally, central banks added another net 47.5 tons of gold to their reserves in September, according to the latest data from the World Gold Council.There were no significant…
central-bank-gold-buying-spree-continues

Central Bank Gold-Buying Spree Continues

Four banks account for bulk of recent purchases The central bank gold-buying spree shows no signs of letting up. In fact, it ramped up again in August after ebbing slightly in July, according to the latest data released by the World Gold Council.After a relatively modest net increase of 13.9 tons in July, central banks globally…
investors-swarm-on-gold-amid-recession-warnings

Investors Swarm on Gold Amid Recession Warnings

Geopolitical tensions impacting central bank decisions worldwide Gold bullion hit a six-year high in August on low rates, a sluggish economy and heightened geopolitical tensions, with investors plowing into the precious metal.Veteran investor Mark Mobius urged to buy gold on Tuesday, when he appeared on Bloomberg TV.“Gold’s long-term prospect is up, up and up, and…
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