The Countries With the Most Oil Reserves
If you were wondering why Trump is attempting a coup in Venezuela, look no further. Via Visual Capitalist Map: The Countries With the Most Oil Reserves There’s little doubt that renewable … Read more
reserves
Draft Law to Bring Gold Reserves Back to Romania Passes in the Senate
via business-review.eu: Romanian senators adopted a draft law introduced by PSD leader Liviu Dragnea and senator Serban Nicolae to force Romania’s National Bank (BNR) to bring almost all of Romania’s gold … Read more
A whopping $1.5 trillion in reserves are now sitting in Fed reserve accounts. We, the taxpayers, are paying $36 billion annually to private banks for parking them, rather than lending them out.
by Orangutan The Fed is supposedly a private organization that print our currency and charges us interest for doing so. Ellen Brown wrote this article and I think she even did … Read more
Which Countries Have the Biggest Crude Oil Reserves?
by howmuch Crude oil is a fossil fuel derived from marine plants and animals that died millions of years ago, before the dinosaurs. In its liquid form, crude oil can be … Read more
China Gold Reserves Rise To 60.26 Million Ounces Worth Just $79.5 Billion
by GoldCore China increased its gold reserves for a third straight month in February, data from the People’s Bank of China (PBOC) showed this morning. The value of China’s gold … Read more
Is Italy Preparing For COLLAPSE? Italy Tightens Grip On Huge Gold Reserves!
Why do you think that Italy has decided to do this? Do you believe gold is important to Italy? I have considered the possibility that if Italy is eventually going … Read more
Arizona Legislator Proposes Securing State Reserves with Gold and Silver
by moneymetals Phoenix, Arizona (January 22, 2019) – An Arizona legislator has put forward a bill to de-risk the state’s financial holdings with a modest allocation to physical gold and silver in … Read more
The Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018, Slickest Annual Wealth-Transfer from Taxpayers to Banks
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Normally, this would be ironic: The Fed doesn’t need to borrow; it creates money when it needs some. So it wouldn’t pay interest. But these are … Read more
Russia Dumps $101 Billion From Dollar Reserves in Pivot to China
via Bloomberg: “Russia is making a strategic shift in its reserves towards holding fewer dollars and more assets in other currencies,” said Benn Steil, director of international economics at the … Read more
US Bank Reserves 10% – EU Bank Reserves 1%
by Martin Armstrong QUESTION: What mechanism prevents banks from creating fraudulent electronic deposits of currency? As an IT systems admin, I have the ability to add / subtract / adjust ERP … Read more
Beijing is burning through its foreign reserves to prop up the yuan and prevent a currency outflow crisis, and the country is undergoing a real estate bubble. Eventually, something’s gotta give.
HOUSE OF CARDS: Forget the trade war, China’s economy has other big problems. The Chinese economy expanded rapidly in the years after the global financial crisis thanks to repeated debt binges. … Read more
Gold Alert: Central Bank Increases Reserves By 1000%
Join Mike Maloney as he analyzes the recent stunning news from the Hungarian Central Bank – an absolutely massive shift in their gold reserves.
Russia ‘reserves right to response’ after saying Israel’s actions led to downing of Il-20 by Syria
The Russian military accused their Israeli counterparts for causing the shot-down of a Russian Il-20 plane by the Syrian air defense forces, which were responding to an Israeli air raid … Read more
The US MINT GOT AUDITED! – The GOLD RESERVES GOT AUDITED!
by Thinker OIG Semi-Annual Audit Results That You NEVER Knew Occurred. This article is a series compiled by Lisa Evans Rockwell into the OIG Audits into a large variety of … Read more
The Trend Change In Central Bank Gold Reserves in 2008 That Few Have Noticed And Fewer Acted Upon
by Jesse This excerpt below is from a blog which I published in 2013. It is a theme that I have been striking since 2009 specifically. The turn in central … Read more
