Who Controls 53% Of Paper Gold?

via wallstreetonparade: According to the Federal Deposit Insurance Corporation (FDIC), there were 4,706 federally-insured banks and savings associations in the U.S. as of December 31, 2022. Of those, according to the quarterly report released last Friday from the Office of the …

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Shock! IMF writes a 37-page research paper: “Gold as International Reserves: A Barbarous Relic No More?”

by Quant2011 https://www.imf.org/en/Publications/WP/Issues/2023/01/27/Gold-as-International-Reserves-A-Barbarous-Relic-No-More-528089?s=08 ​ In contrast to the diversification of foreign currency reserves, which has been undertaken by advanced and developing country central banks alike, active diversifiers into gold are exclusively emerging markets. We document two sets of factors contributing …

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The “Paper of Record” Lionizes Terrorism

by Chris Black New York Times journalist is celebrating a suicide bomber who killed 3 random Chinese civilians. These are the people who label us “domestic terrorists.” https://twitter.com/RnaudBertrand/status/1519518893584257024

Implications From The Fed’s Newly Published Paper On Digital Currency

by Keith Weiner of Monetary-Metals The Federal Reserve published Money and Payments: The U.S. Dollar in the Age of Digital Transformation, and solicits comments about its ideas for a central bank digital currency (CBDC). This is our extended commentary offered in response. Implications from the Federal Reserve’s Paper Our first comment …

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