Gold Standard Act Approved on March 14, 1900
Date: March 14, 2022 Category: News
President McKinley signs Gold Standard Act, March 14, 1900.
122 years ago today, President William McKinley signed the Gold Standard Act, which established gold as the sole basis for redeeming pa...
India Is Mulling Rupee-Ruble Payments System
Date: March 12, 2022 Category: News
India is discussing how to set up a rupee-ruble payment mechanism to enable it to trade with Russia, to circumvent the U.S. sanctions regime.
During the last several months, several consideration...
Central banks gold reserves switch
Date: March 11, 2022 Category: News
The central banks are increasingly concerned about inflation, and the major ones start giving out signals that they won't let inflation run too hot, even if it means slower growth.
In commodities...
Countries Repatriating their Gold
Date: March 7, 2022 Category: News
In recent years we have seen the likes of Germany, Austria, Belgium, Venezuela, and the Netherlands each repatriate their gold from various locations.
Hungarian National Bank is set to repatriat...
Defcon Level Warning System: Returning To Gold Standard
Date: March 4, 2022 Category: News
Russia is reportedly returning to the gold standard.
The government will abolish the VAT (tax) on bullion when purchasing gold bars or other precious metals from a bank.
The 20% current tax ...
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