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Category: Gold reserves
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Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’
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US Lawmakers Introduce Bill to Sanction Russia’s Gold
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El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin
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Poland’s Central Bank Says It Will Add 100 Tons of Gold to Existing Holdings in 2022
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Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
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As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior to Covid-19, central banks purchased […]
The post As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures appeared first on Bitcoin News.
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Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%. Experts say that the […]
The post Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars appeared first on Bitcoin News.
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Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets in order to save their economies. Data shows […]
The post Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis appeared first on Bitcoin News.
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Poland Buys Back 100 Tons of Gold From the Bank of England
Poland is one of the world’s biggest producers of gold. In a new turn of events, the government decided to flex its financial muscles through an intriguing acquisition. Most economies around the globe are struggling or in shambles. Poland Stock up on Gold Poland is one notable exception, at least where the official figures are concerned. Its current economy stands at $586 billion and is largely considered to be healthy. To further strengthen this image, the Polish central bank made an intriguing move. It decided to buy 100 tons of gold from the Bank of England. This marks an intriguing
The post Poland Buys Back 100 Tons of Gold From the Bank of England appeared first on The Merkle Hash.
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